Twelve finalists have been selected to compete for the top prize in the ACORD Insurance Innovation Challenge. Finalists have been invited to present to a panel of judges at the ACORD2015 event before a live audience. Winners will be selected based on a ranking derived from a combination of their responses and receive a $25,000 prize package.

"The mission of the ACORD Insurance Innovation Challenge is to draw out and promote innovation that may have the ability to transform the industry and the way we do business,” said Bill Hartnett, president of Hartnett Advisors and the driving force behind the challenge. “Many of the ideas presented, including those selected as finalists and those that did not make it into the top 12, have the potential to truly disrupt this industry. We are looking forward to seeing how the pitches from these finalists are received by a live audience."

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