Actuarial team of the year: EY
EY's actuarial team was kept busy over the last 12 months in a wide range of areas
InsuranceERM Annual Awards 2021 - UK & Europe
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Actuarial modelling solution of the year: FIS
Our judging panel chose FIS's Prophet solution as best actuarial modelling solution of the year
Analytics solution of the year: LCP
Launched in April 2020, LCP InsurSight is an analytics and trend identification tool for general insurers.
Alternative capital deal-maker of the year: Securis
Securis Investment Partners' life team has won InsuranceERM's Alternative capital deal-maker of the year
Data solution of the year: Willis Towers Watson
Timely access to good quality data quality continues to be one of the most difficult challenges facing insurers.
End-user computing risk management solution of the year: Milliman
Milliman has achieved a hat-trick with its cloud-based modelling solution Milliman Mind after winning an InsuranceERM award for the third time.
Operational risk solution of the year: ViClarity
Boxer Mike Tyson famously said: "Everybody has a plan until they get punched in the mouth."
Regulatory reporting software of the year: Moody's Analytics
Moody's Analytics' solutions for disclosing and communicating information have kept up with insurers' changing demands
Cat risk team of the year: Aon, Impact Forecasting
Its processes have evolved from traditional catastrophe modelling for reinsurance to underwriting, new product development and automated accumulation control.
Re/insurer of the year: Pacific Life Re
Many of the entries to the InsuranceERM Awards have naturally focused on how organisations and individuals have responded to the extraordinary events of 2020.
Catastrophe risk modelling solution of the year: Aon, Impact Forecasting
When storms and natural catastrophes strike, insurers need tools to help them stay in control
Climate risk initiative of the year: Coalition for Climate Resilient Investment
The financial services industry is beginning to recognise that climate risks are not always adequately priced in investments
Climate risk management solution of the year: Conning
Conning has responded to this increased regulatory interest by launching a stochastic climate risk reporting service
Corporate social responsibility initiative of the year: Argo Group
Argo Group won this category for developing a robust ESG strategy
ESG (Economic Scenario Generator) software of the year: Moody's Analytics
Moody's Analytics has cemented its reputation as a provider of economic scenario generator (ESG) systems
ERM end-to-end solution of the year: Moody's Analytics
Rapidly improving technologies have provided Moody's Analytics with greater opportunities to support clients' business needs
Stress scenarios software of the year: Moody's Analytics
Moody's Analytics' response to client demand has helped it win this category once again, following victory in the InsuranceERM 2018/19 Awards.
Solvency II solution of the year: Moody's Analytics
The severe impact of the Covid-19 pandemic on bond and equity markets had a knock-on effect on insurers' balance sheets
IFRS 17 solution of the year: Legerity
According to Jeremy Wood, chief executive of Legerity, 2020 "was really the year the cloud came of age"
Cyber risk solution of the year: CyberCube
Covid-19 has sharpened the world's focus on cyber risk
Best use of cloud technology: PwC
Cloud technology has taken centre stage for insurers during the Covid-19 pandemic with its flexibility facilitating remote working
Digital transformation - insurtech solution of the year: Phinsys
When it comes to digital transformation, most investment by insurers has focused on the front-end sales and marketing systems
Diversity and inclusion excellence: LCP
LCP has truly established its prominence in advocating a diversity and inclusion (D&I) agenda and has claimed the title for the second consecutive year
Longevity risk transfer deal of the year: LVFS Staff Pension Scheme
Converting a pensioner longevity swap into a buy-in is no easy task, but LV= has proved such transaction can be done
Longevity/Mortality team of the year: Hymans Robertson
Covid-19 has presented a huge challenge to longevity modelling
Reserving solution of the year: LCP
Reserving is critically important to insurers' operations.
Risk consultancy of the year: Crowe
Crowe has achieved the double, winning the risk consultancy of the year for the second consecutive year.
Risk innovation of the year: PCS Cyber RLM
Gaining a clear view of the global cyber re/insurance industry can be difficult, particularly for those not actively engaged in it
Risk team of the year: NFU Mutual
NFU Mutual wins risk team of the year for the dynamic and engaging way it won hearts and minds to deliver its goal of building a single risk team.
Insurance asset manager of the year: Aberdeen Standard Investments
Aberdeen Standard Investments (ASI) wins insurance asset manager of the year for supporting insurers during the Covid-19 pandemic
Young actuarial and risk professional of the year: Catherine Drummond, LCP
Since joining LCP as a consultant in 2005, Catherine Drummond, InsuranceERM's young actuarial and risk professional of the year, has risen to become a partner in the organisation with responsibility across a variety of technical areas.
Chief risk officer of the year: Aurore Lecanon, Prudential International Assurance
Aurore Lecanon, the winner of this year's chief risk officer of the year award, relishes change.
Judges' Award for contributions to the industry: Covid-19 Actuaries Response Group
The Judges' award is usually made to an individual, but this year our panel decided to bestow it to a group of actuaries who contributed to efforts to deal with the Covid-19 pandemic.
Chief risk officer of the year: Highly Commended, Christian Dahmen, NewRe
NewRe's chief risk officer (CRO) Christian Dahmen is highly commended in the CRO category of this year's awards