Celent Model Insurer Awards

Awards

Celent Model Insurer Awards

Previous winners (Asia-Pacific)

2017
Model Insurer Asia of the Year
Tokio Marine & Nichido Fire Insurance
Data Mastery and Analytics
AXA Hong Kong
Leveraged big data analytics to change its retention approach from policy-centric to customer-centric.
Reliance General Insurance
Created an agriculture insurance system with use of best practices and experience of field data management.
Digital and Omni-Channel
Apollo Munich Health Insurance
Created a digital office with a self-service portal for customers and online distribution tablet solution for advisors.
Aviva Singapore
Implemented a claim digitization project for employee benefit schemes and created a new digital ecosystem.
HDFC Standard Life Insurance
Implemented end-to-end mobility solutions across the entire lifecycle from lead generation to final policy closure.
ICICI Lombard General Life Insurance
Developed a mobile app for agents, enabling them to tap the market without depending on back office staff for quotes and writing policies.
Liberty Videocon General Insurance
Implemented an OEM Integration platform to enable OEMs and insurance aggregators instant policy servicing in their respective applications without any manual intervention by the insurance company.
Max Life Insurance
Embarked on a digital transformational journey with multiple initiatives to strengthen its sales, service, business planning, and infrastructure services.
Ping An Property & Casualty Insurance
Developed a mobile solution that allows telemarketing customer managers to provide 24/7 sales service support for customers.
Prudential Indonesia
Implemented a mobile app to provide end-to-end sales tools that enable instant policy issuance, bundled with good customer experience.
Tokio Marine & Nichido Fire Insurance
Promoted computerization to create the next generation agency business model, without forgetting the humanity of employees, agents, and customers.
innovation and Emerging Technologies
LumenLab | MetLife Innovation Centre
Created an innovation framework and culture to generate new revenue streams from new business models and digital capabilities based on customer insight.
Innovation and Emerging Technologies
Troo
Implemented an end-to-end insurance software in the cloud deployed by a single software vendor.
Legacy and Ecosystem Transformation
Aegon Life Insurance
Implemented a new business application to replace six disparate application systems, and to remove scalability and dependency issues.
DD
Implemented a new claims system to streamline and improve processes and system infrastructure, increase operational efficiencies, and provide better customer service.
ICICI Lombard General Life Insurance
Implemented robotic business process automation and launched a chatbot to automate the business process as well as resolve customer queries.
Operational Excellence
Reliance Nippon Life Insurance
Implemented a project tracking and management system incorporating best practices to ensure a drastic reduction in the problems faced by end users.
2016
Data Mastery and Analytics
Aegon Life Insurance
Implemented a customer analytics tool to determine an accurate NPS and derive actions to improve the NPS.
Taikang Insurance
Applied big data analytics technology to support sales activities.
Digital and Omni-Channel Technologies
AXA Direct Life Insurance
Developed an omnichannel offering that provides easy to understand information to help customers apply insurance to meet their needs and in a paperless process,
Cathay Century Insurance
Developed a mobile app to guide and assist overseas travelers with their insurance services.
L&T General Insurance
Implemented partner portal to enable automated policy fulfilment process.
PNB MetLife India Insurance Co. Ltd.
Developed mobile responsive online sales platform.
IT Management Best Practices
IndiaFirst Life Insurance
Leveraging infrastructure as a service (IaaS) model, transforming the existing disaster recovery infrastructure to the cloud.
Max Bupa Health Insurance
Implemented an onmichannel, integrated operational CRM solution to enable convenient, faster, and more accurate services to their customers, agents, and partners.
Max Life Insurance
Implemented business intelligence and analytics project to provide data, analytics, and actionable insights to the sales force at anytime, anywhere, and any network-aware devices.
Legacy and Ecosystem Transformation
DirectAsia Insurance
Optimized IT architecture while upgrading vendor solution, created enterprise layer and transformed the customer-facing portals into responsive and platform-agnostic applications.
ICICI Lombard General Insurance
Transformed legacy system with best-of breed approach, realized agility and efficiency, and improved user experience.
Non-Core Implementation Best Practices
AIA Group
Implemented groupwide initiatives to transform their finance reporting to a single platform for all of their business units across Asia-Pacific.
Reliance Life Insurance
Implemented data warehousing, analytics, and MIS platform, delivered information insight on demand at anytime, anywhere.
2015
AEGON-CNOOC Life Insurance
A mobile business platform to enable agents assisting clients to apply for policy on site.
AIA Malaysia
An iPad-based suite of applications acting as a mobile office for agents.
AMI Insurance
Replacing legacy system with modern platform to standardize process and support current and future business needs.
AXA Hong Kong
Implementing a digital sales toolkit to mobilize sales activities and promote best practices in the sales process.
Birla Sun Life Insurance
A solution to engage customers in the journey to discover the right insurance solution.
Etiqa Insurance & Takaful
Consolidating multiple core systems to a new platform.
IndiaFirst Life Insurance
A system to enable policy issuance over the counter for the mass market.
Mahindra Insurance Brokers
A gamification application for aligning the company strategy with team goals and individual aspirations.
Pearl River Life Insurance
An omnichannel solution to establish an enterprise capability with partner’s system.
Ping An Direct
A speech analysis platform in call center to automate business process and quality control.
Ping An Direct
Integrated Internet sales/telemarketing/mobile platform and introducing social media insurance total-channel marketing and eservice.
QBE Insurance Box
An auto insurance offering integrating telematics data into pricing and claims processes.
Tata AIG General Insurance
Replacing legacy core system with multiple applications to an integrated modern platform.
Union Assurance
E-learning platform to fulfill the training needs to support sustainable growth of the distribution staff.
XL
Implementing e-accounting solution replacing manual documents from brokers with ACORD standard structured data messages.
2014
Model Insurer Asia of the Year
Max Bupa Health Insurance Company
Ageas Insurance Company (Asia) Limited
Developing Financial Need Analysis app for iPad to increase agents’ productivity and move sales to a customer need-based approach.
Apollo Munich Health Insurance
Developing a data warehouse and business intelligence solution to provide clean data, as well as a speedy and dynamic report generation tool enabling business users to take informed decisions.
AXA Asia
Consolidating core system and peripherals across the region to support the company’s rapid growth aspirations, and providing the foundation for implementing the unified digital front end and process engine.
Birla Sun Life Insurance
Defining digital framework and implementing some important digital initiatives aimed to shift customer servicing requests to digital channels.
Birla Sun Life Insurance
Introducing an automated testing tool, reducing execution time and increasing accuracy.
BOC Group Life Assurance
Implementing a life insurance product engine to reduce time to market and to standardize product design, development, and deployment processes.
Cathay Century Insurance
Developing mobile applications that help drivers dealing with car accidents to enhance customer satisfaction and promote corporate image.
DHFL Pramerica Life Insurance Company Ltd. (DPLI)
Integrating with National e-Governance Plan agency’s platform to manage customer acquisition and service delivery in rural market in a cost efficient manner.
L&T General Insurance Company Ltd.
Developing a hybrid model point-of-sale system that enables vehicle dealers to issue policy instantly at dealers’ premises at any point in time.
Max Bupa Health Insurance Company Ltd.
Increasing efficiency with a new a business process automation solution.
Max Life Insurance Co. Ltd.
Implementing a digitally enabled distribution support and management system to increase advisor engagement and productivity.
MetLife Alico Life Insurance K.K.
Integrating an actuarial and asset liability management modeling system to improve consistency, efficiency, speed, and productivity.
MetLife Global Technology & Operations Asia
Implementing an operating system-agnostic mobile application platform that provides a full suite of insurance servicing capabilities to customers in real time.
RAA
Migrating to a new system with improved usability, efficiency, and productivity.
Royal Sundaram Alliance Insurance Company Ltd.
Developing an intelligent claims management system to handle motor own damage claims, to improve the productivity of the claim staff and increase customer satisfaction.
Tokio Marine & Nichido Fire Insurance Co., Ltd.
Developing a technology enabled health insurance product to explore new opportunities in healthcare business.
Union Assurance PLC
Introducing a laptop and tablet supported quotation and proposal toolkit for agents, to increase productivity and transform to a digitalized sales process.
Yingda Taihe Property Insurance Co., Ltd.
Implementing a mobile auto insurance damage investigation system to optimize claims process and improve risk control.
2013
Model Insurer Asia of the Year
HDFC Standard Life Insurance
AEGON-CNOOC Life Insurance
Implementing a BPM system integrated with core policy admin system and image/workflow system to provide a single entry solution on workflow and data input for all policy administration activities.
Agriculture Insurance Company of India
Implementing a web-based, integrated, online systems solution to reach the last mile farmer at an affordable cost, and to automate the operational and administrative processes to optimize resources and minimize costs.
AIG Asia-Pacific
Implementing a distribution-focused policy fulfillment platform supporting the SME market segment.
Birla Sun Life Insurance
Introducing a process performance management framework to improve end users’ experience of service delivery.
HDFC Standard Life Insurance
Designing and developing a system which can be used at the point of sale to realize real time underwriting.
HDFC Standard Life Insurance
Implementing a portal to allow customers to buy policies online.
HNB Assurance
Implementing a claims management system that includes a customer relations center component and mobile component and automates the entire claim process for motor insurance.
IndiaFirst Life Insurance
Implementing a mobile initiative that empowers the sales force, automates the entire sales process, and further facilitates customer service.
MetLife Global Technology & Operations Asia
Implementing an operating system-agnostic mobile application platform that provides full-scale end-to-end sales resources to multiple distribution channels in real time.
Mitsui Sumitomo Insurance
Rapidly implementing a cloud-based Global Information Platform to facilitate prompt claim payment after a disaster.
Partners Life
Rapidly implementing a modern policy administration platform to support the launch of its new business.
Prudential Life Insurance Company of Korea
Introducing an iPad application to streamline distribution.
Royal Sundaram Alliance Insurance
Implementing a standard interface and enabling partners to access configurable web services for online policy issuance.
Shanghai Insurance Association
Implementing an insurance information exchange platform for auto insurance to regulate the market and improve industry’s risk management.
Tata AIG General insurance
Implementing a mobile application digitizing onsite enrollment and claims information gathering for cattle insurance to reach out to the rural sector cost-effectively.
Yingda Taihe Property Insurance
Implementing a claim service platform to automate claim processing for all property and casualty lines of business.
Zurich Insurance
Implementing a business transformation solution across four regions which allowed development, sharing, reuse, and support of market components and processes around the world.
2012
AIA Australia (Australia)
Implementing a rules-driven, STP platform creating a simple and easy-to-use life insurance online application tool tailored for the group insurance market.
Baoviet Holdings (Vietnam)
Implementing a modern policy admin IT platform and shifting the business model from a decentralised “federation” of branches into single, state of the art Centralised Operation Centre delivering best practice and cost efficiencies from the Headquarters.
Calliden Group Limited (Australia)
Effectively managing IT, driving successful conversion from three legacy systems to a completely new IT platform architected around an innovative, online rating engine.
China Continent P&C Insurance Co. (China)
Implementing a motor underwriting system by integrating BPM with content management, business intelligence solution, and rules engine to improve operational efficiency as well as enhance risk management.
HDFC Standard Life Insurance Co. Ltd. (India)
Implementing a system to increase persistency and provide support to intermediaries and support staff to retain customers and collect premium in a more seamless fashion.
Huatai Life Insurance Company Ltd. (China)
Implementing a rules management platform to realize automatic underwriting and positioning for reuse in automatic claims and commission calculation.
IndiaFirst Life Insurance Company Ltd (India)
Establishing an interactive and intuitive self-service digital channel to support pre-sale, sale, and post-sale service to customers.
JLT Reinsurance Brokers Limited
Effectively implementing a Dynamic Financial Analysis solution to enable successful business expansion.
Lifenet Insurance Company (Japan)
Implementing an online cloud-based life insurance application system enabling direct sales of life insurance products to customers via Internet.
Macquarie Life (Australia)
Implementing a rules-driven STP platform facilitating time to market of innovative products and expending distribution channel.
New India Assurance Co. Ltd. (India)
Consolidating systems into one core platform to support companywide standards and improve services to both customers and distribution channels.
PICC Health Insurance Company Ltd. (China)
Implementing a medical insurance platform to enhance automated claim processing and improve claim risk management.
Prudential Life Insurance Company of Korea (Korea)
Implementing a complete system modernization initiative to enhance functionality and flexibility.
PT Prudential Life Assurance, Indonesia (Indonesia)
Implementing a workflow automation initiative to enhance operational efficiency for new business and claims.
Tata AIG General Insurance Company Ltd (India)
Implementing a customer relationship management platform to synchronize multiple channels as well as increase cross-selling and up-selling opportunities.
Tata AIG General Insurance Company Ltd (India)
Increasing online sales by engaging various marketing activities to promote an STP online travel insurance platform containing products clearly targeting different customers.
Union Assurance PLC (Sri Lanka)
Externalizing product configuration, rating, and underwriting to achieve flexibility and reduce time to market.
2011
Aioi Nissay dowa Insurance Company (Japan)
Initiating a project for compulsory automobile liability insurance to improve service efficiency.
Apollo Munich Health Insurance Company Ltd. (India)
Implementing a workflow-enabled system that supports straight-through processing of the whole health product lifecycle with integration to all back end systems
Aviva-COFCO Life Insurance Co., Ltd. (China)
Implementing cloud computing technology to reduce cost and improve flexibility Mitsui Sumitomo Insurance Company: Initiating a project for compulsory automobile liability insurance to improve service efficiency.
AXA China Region Insurance Company Limited (China)
Implementing a web-based technology solution to enhance sales services and distribution capability and speed up product rollout.
China Pacific Insurance (Group) Co., Limited (China)
Implementing a centralized call center system across China to support life and P&C business needs.
China Pacific Life Insurance Co., Ltd. (China)
Rationalizing, standardizing, and integrating systems to enable a centralized, stable, reliable, and efficient technical platform.
ClearView Wealth Limited (Australia)
Implementing a web-based technology solution to enable the direct mail distribution channel, via call centre follow-up, to underwrite and issue policies without the need for external or manual intervention.
Generali China Life Insurance Co., Ltd. (China)
Implementing an integrated technology platform with a single sign-on to multiple systems.
ICICI Prudential Life Insurance Company (India)
Introducing a web-based system to process selected classes of Health Claims.
IndiaFirst Life Insurance Company Limited (India)
Investing in simple, cost-efficient, scalable, and proven IT systems to reduce costs and improve time to market.
Insurance House Group Pty Ltd. (Australia)
Implementing an all-in-one solution for the online direct and intermediated markets in Australia.
Mitsui Sumitomo Insurance Company (Japan)
Initiating a project for compulsory automobile liability insurance to improve service efficiency.
Nextia Life Insurance Co., Ltd. (Japan)
Implementing a real-time web-based policy application system including automatic underwriting and payment processing.
Nipponkoa Insurance Company (Japan)
Initiating a project for compulsory automobile liability insurance to improve service efficiency.
PICC Health Insurance Company Limited (China)
Implementing a social medical insurance connection platform to enhance automated claim processing and improve claim risk management.
Real Insurance (Australia)
Implementing social media as a channel to build relationships with customers and to manage new sales and policy servicing
Reliance General Insurance Co. Ltd. (India)
Implementing a motor insurance pre-inspection system using mobile technology linked to in-house systems, streamlining the underwriting of new business.
Royal Sundaram Alliance Insurance Company Limited (India)
Implementing a workflow-enabled policy administration system with externalized engines to support product configuration and business rules.
Sompo Japan Insurance Company (Japan)
Initiating a project for compulsory automobile liability insurance to improve service efficiency.
Tokio Marine & Nichido Fire Insurance Company (Japan)
Initiating a project for compulsory automobile liability insurance to improve service efficiency.
Transport Accident Commission (TAC), Victoria, Australia (Australia)
Transforming the claims management process to a new recovery model with primary goals to improve return to work rates and durations, better manage common law claims, and improve client satisfaction.
Wesfarmers General Insurance Limited (Australia)
Implementing a multiproduct, multichannel model servicing the entire policy lifecycle.