Categories

If you work in UK general insurance don’t miss out on this opportunity to showcase your achievements – this year’s categories can be viewed below.

Broker awards

Commercial Lines Broker of the Year Sponsored by Arch Insurance

This category is designed to recognise a UK broker setting the standard for others to follow in the commercial lines market.

This is for commercial lines brokers that can show a positive innovation for their SME/mid-market customers and/or business partners. Innovations that have improved staff welfare and performance will also be considered. Judges will be looking for entries that can show positive improvements in financial performance, including gross written premium, profit or earnings.

Customer Champion of the Year – Broker Sponsored by RSA

This category is designed to recognise projects that have resulted in measurable improvements to the end customer experience, in any business line.

Whether you have introduced new technology in your processes to put the customer at the heart of what you do, given customers fast, accurate ways to report claims, or invested in customer education to support their decision-making, this is your opportunity to demonstrate your outstanding commitment to the end customer.

Excellence in Technology - Distribution

This category seeks to recognise initiatives and solutions that improve internal and external operational and administrative insurance processes and is open to insurance brokers operating in the UK general insurance market.

From the use of artificial intelligence and machine learning to tapping up the Internet of Things, judges will be looking for tangible evidence that technology has improved operational efficiencies, customer services, and/or business administration.

Independent Broker of the Year Sponsored by Aviva

This category seeks to recognise standard setting, independent regional brokers and celebrate outstanding achievement. (We classify an independent broker as one where the broker owns the majority stake (minimum 51%) and has full control of the placement strategy.)

Judges will be looking for evidence of entrepreneurial nous, along with a successful track record across the business – with partners, employees, or clients. Most likely spotlighting a specific approach, project or business development initiative, entrants should be able to demonstrate clearly defined success indicators, including business growth.

Personal Lines Broker of the Year Sponsored by Ageas

This category seeks to recognise standout UK brokers setting the standard for others to follow in the personal lines market.

Has your business grown in this tough, competitive market, or perhaps you have innovated to the benefit of end clients, business partners and/or your GWP and profit generating abilities? Judges will be looking for demonstrable business growth, successful adaptation to challenging conditions and/or boundary pushing innovation in offerings and service.

Schemes Broker of the Year Sponsored by Hiscox

This category seeks to recognise entrepreneurial insurance brokers that have created a new scheme over the past 12 months, or excelled at schemes business in the last 12 months, in either commercial or personal lines.

Judges will be particularly keen to hear about the scheme’s development, offer and execution. What’s new or unique for the market, and how has it given brokers a competitive advantage to seize additional business?

Insurer awards

Customer Champion of the Year – Insurer

This category is designed to recognise projects that have resulted in measurable improvements to the end customer experience, in any business line.

Whether you have introduced new technology in your processes to put the customer at the heart of what you do, given customers fast, accurate ways to report claims, or invested in customer education to support their decision-making, this is your opportunity to demonstrate your outstanding commitment to the end customer.

Excellence in Underwriting

This category recognises an insurer or MGA that has made a demonstrable and positive difference to the overall underwriting experience for brokers.

Looking at the entire underwriting experience, this award recognises the need for speedy processes, access to decision makers and staff expertise and training to meet broker expectations.

Entrants should be able to demonstrate how their underwriting team has enjoyed a high success rate through data and broker feedback. Evidence provided can include the underwriting score obtained in Insurance Times’ independent Five Start Rating Report: Commercial and Personal Lines.

Insurer Diversity and Inclusion Excellence Award

This category recognises and celebrates an insurer operating in the UK general insurance market that is committed to putting diversity and inclusion at the very heart of what it does.

Judges will be looking at how organisations seek to change both attitudes and behaviours to deliver improved commercial outcomes, and how they are continuing to grow sustainable businesses and promote innovation, both internally and externally.

Insurer Innovation of the Year Sponsored by Samsara

This category is designed to recognise those projects or developments that have demonstrably delivered real change – in strategy, service delivery or operations.

If you’ve developed a startup accelerator that drives ideas back into the business, come up with an innovative response to an emerging risk, changed your claims process in order to improve customer outcomes, or transformed your talent pipeline to boost diversity – this is the category for you. It could be a small change with a deep effect, or a big change with wide impact – the judges will be looking for initiatives that can demonstrate tangible change through new ideas.

General Awards

Business Partner of the Year

This category is designed to recognise outstanding service partners that consistently go the extra mile for their UK-based brokers and insurers to help them structure, deliver and communicate about their products and services to their clients and partners.

From loss adjusters, technology firms and ratings agencies, to legal firms, communications/ marketing agencies, consultancies, fraud and credit data specialists – judges will be looking for innovative approaches and expertise, tireless service and demonstrable evidence of success.

Claims Partner of the Year

This category is designed to recognise claims, loss adjusting, legal and service partners that have delivered outstanding profitable, flexible and efficient support to UKGI brokers and/or insurers.

Judges will be looking for partnerships that have helped brokers and/or insurers structure, provide, communicate, improve or grow their products and services over the past year. Whether you have a positive story to tell around crisis management, for example, in flooding or other high impact events, or you’re looking to spotlight a programme of internal change that is boosting your value to your insurer and broker partners, this is the category for you.

Challenger of the Year

This award is designed to recognise entrants from across the whole general insurance landscape – insurers, brokers, MGAs, insurtechs, claims management specialists or any relevant service provider – that can demonstrate a successful project that has delivered real, disruptive change in the sector.

Entries should demonstrate that the project/product is something different to ‘the norm’ and has had a significant impact on customers/clients, or has positively affected a high number of customers/clients in a B2B and/or consumer context.

Diversity & Inclusion Excellence Award

This category recognises and celebrates a business operating in the UK general insurance market that is committed to putting diversity and inclusion at the very heart of what it does.

Judges will be looking at how organisations seek to change both attitudes and behaviours to deliver improved commercial outcomes, and how they are continuing to grow sustainable businesses and promote innovation, both internally and externally.

Excellence in e-Trading Sponsored by Premium Credit

This category seeks to recognise initiatives and solutions that improve eTrading capabilities between brokers, insurers and MGAs operating in the UK general insurance market.

Whether the relationship is via an extranet and/or a broker software house, the judges will be looking for tangible evidence that eTrading has improved operational efficiencies, customer service and/or business administration. Insurers, MGAs and broker software houses are eligible to enter. Evidence provided can include results from the Insurance Times independent Five Star Rating Report: ETrading.

Excellence in Professional Development

This category is designed to recognise investment in training, talent retention and employee development and is open to any firm/organisation working in the UK general insurance market.

Judges will be looking for tangible and measurable benefits for employees, business partners, and/or customers.

Excellence in Fraud Mitigation New for 2023

This category seeks to recognise firms that have implemented innovative strategies and technologies to combat insurance fraud, whether this is application fraud, claims fraud or ghost broking, for example.

This category is open to insurers, MGAs, brokers, technology suppliers and service providers (such as law firms) operating in the UK general insurance market that have gone the extra mile to detect and eliminate insurance fraud in order to protect genuine and vulnerable customers.

Excellence in Risk Management

This category seeks to recognise initiatives and solutions that improve the risk management provided to clients by any business operating in the UK general insurance market.

Judges will be looking for tangible and measurable benefits to clients, which likely go beyond the recommendation of a specific insurance product, such as cyber, business interruption or high net worth.

Entries will be welcome from any business operating in the UK general insurance market.

Excellence in Technology

This category seeks to recognise initiatives and solutions that improve internal and external operational and administrative insurance processes and is open to all businesses operating in the UK general insurance market – excepting businesses that are applicable for the Excellence in Technology – Distribution and Excellence in Technology – Service Provider categories (see below). If your business does not meet the entry criteria of one of the below subcategories, then please enter this overarching category.

From the use of artificial intelligence and machine learning to tapping up the Internet of Things, judges will be looking for tangible evidence that technology has improved operational efficiencies, customer services, and/or business administration.

Excellence in Technology - Claims

This category seeks to recognise initiatives and solutions that improve internal and external operational and administrative processes that facilitate and support customers’ claims journeys. The category is open to insurers, MGAs, brokers, technology suppliers and service providers that operate in the UK general insurance market and have specifically sought to improve the claims experience with innovative technology.

From the use of artificial intelligence and machine learning to tapping up the Internet of Things, judges will be looking for tangible evidence that technology has improved operational efficiencies, customer services, and/or business administration specifically across claims processes.

Excellence in Technology - Service Provider

This category seeks to recognise initiatives and solutions that improve internal and external operational and administrative insurance processes and is open to service providers operating in the UK general insurance market. This includes technology, software and platform suppliers, as well as law firms and consultancies.

From the use of artificial intelligence and machine learning to tapping up the Internet of Things, judges will be looking for tangible evidence that technology has improved client/customer operational efficiencies, customer services, and/or business administration.

Marketing Campaign of the Year – B2B

This category seeks to recognise a standout marketing campaign specifically targeted at the business market and is open to all businesses operating in the UK insurance market, including agencies.

Judges will be looking for creativity, innovation and original thinking in media, message and execution and will expect to see examples of the campaign. Entries featuring a single medium will be considered. Entrants should be able to demonstrate a tangible contribution to business success.

Marketing Campaign of the Year – B2C

This category seeks to recognise a standout marketing campaign specifically targeted at consumers and is open to all businesses operating in the UK insurance market, including agencies.

Judges will be looking for creativity, innovation and original thinking in media, message and execution and will expect to see examples of the campaign. Entries featuring a single medium will be considered. Entrants should be able to demonstrate a tangible contribution to business success.

MGA Initiative of the Year

This category is designed to recognise the outstanding achievements of MGAs operating in the UKGI market.

Judges will be looking for MGAs that can demonstrate how they have excelled in providing a high quality service to brokers and insurers – for example, by enabling access to a niche market or facilitating a wider product range.

Sustainability Initiative of the Year New for 2023

This category seeks to recognise initiatives that champion business sustainability and is open to brokers, insurers, MGAs and service providers, individually or working in partnership.

Entries should clearly and concisely demonstrate how the principles of business sustainability have been embraced by, for example, using resources and energy as efficiently as possible, promoting social inclusion, sustainable communities and/or well-being. Judges will expect to see evidence of impact/success.

Nomination-only awards

The following awards are not open for entries and the winners will be announced at the awards ceremony in December.

Broker CEO of the Year Sponsored by Applied Systems

This award seeks to recognise a standout broker CEO from within UK general insurance.

A shortlist will be put together by the editorial team at Insurance Times and the winner will be chosen by a panel of industry experts who will consider company results and financial performance in conjunction with feedback gathered from the Insurance Times research reports.

Commercial Lines Insurer of the Year

This award recognises the best insurer performance in UK general insurance commercial lines.

A shortlist will be put together by Insurance Times in conjunction with a panel of expert industry analysts, which will then go forward to a UK broker vote to gather broad market feedback on the contenders.

The final decision will be made by the panel, which will also consider company results and financial performance, the perspective of the investor community, progress on strategy, leadership and visibility in the market and the view of service to brokers as demonstrated in Insurance Times’ independent Five Star Rating Reports.

General Insurer of the Year Sponsored by Sedgwick

This award recognises the best UK insurer that covers both personal and commercial lines in UK general insurance.

A shortlist will be put together by Insurance Times in conjunction with a panel of expert industry analysts, which will then go forward to a UK broker vote to gather broad market feedback on the contenders.

The final decision will be made by the panel, which will also consider company results and financial performance, the perspective of the investor community, progress on strategy, leadership and visibility in the market and the view of service to brokers as
demonstrated in Insurance Times’ independent Five Star Rating Reports.

Insurer CEO of the Year

This award seeks to recognise a standout Insurer CEO from within UK general insurance.

A shortlist will be put together by the editorial team at Insurance Times and the winner will be chosen by a panel of industry experts who will consider company results and financial performance in conjunction with feedback gathered from the Insurance Times research reports.

Personal Lines Insurer of the Year Sponsored by Carpenters Group

This award recognises the top UK insurer covering personal lines in UK general insurance.

A shortlist will be put together by Insurance Times in conjunction with a panel of expert industry analysts, which will then go forward to a UK broker vote to gather broad market feedback on the contenders.

The final decision will be made by the panel, which will also consider company results and financial performance, the perspective of the investor community, progress on strategy, leadership and visibility in the market and the view of service to brokers as
demonstrated in Insurance Times’ independent Five Star Rating Reports.

The Insurance Times Industry Achiever Award Sponsored by Close Brothers Premium Finance

This award seeks to recognise an inspirational, boundary pushing and dedicated individual who has really made a difference.

Lying within the gift of the Insurance Times’ editorial team, the recipient will be an individual who over a period of years, has demonstrated both personal and professional commitment to the industry, enjoying the respect and admiration of their peers. In their functional specialism, this person will have excelled across the board, enjoying success and demonstrably impacting individuals, businesses and UKGI.

The Insurance Times Young Achiever Award New for 2023

This award is open to an outstanding individual working in the UK general insurance industry aged 30 or under on the closing date of 11 August 2023.

The recipient will have demonstrated both personal and professional commitment to the industry, enjoying the respect and admiration of their peers over a period of years. In their functional specialism, they will have excelled across the board, enjoying success and demonstrably impacting individuals, businesses and ideally the UK general insurance industry as a whole.

Nominations are welcome and can be put forward for consideration by our expert judging panel. If you would like to recognise one of your team members, please email us at events@insurancetimes.co.uk with their name and details about their work, impact and success. Clear milestones achieved in their professional development will be particularly welcome. Please note, all nominations must be supported by the nominee’s manager and received by 5pm on Friday 11 August 2023.