Chicago — Insurance Networking News magazine released the results of its 2008 INNovators Award, a special designation intended to advance the spread of business technology acumen in the insurance industry.

Nominees for the second annual INNovators program included insurance carriers, agencies and brokerages. The 2008 winners were determined to have led or contributed to a business application innovation or project anywhere in the insurance industry supply chain that uses technology to successfully drive business impact, technical impact or the innovation itself.

"From an editorial perspective, it's inspiring to see the depth and breadth of dynamic and versatile technology innovations that serve as critical engines moving our industry forward," said Pat Speer, editor-in-chief of Insurance Networking News.

Winners were determined by a panel of judges representing several insurance stakeholder communities, including industry analysts/consultants such as Matthew Josefowicz from New York-based Novarica, Mark Gorman from Mark B. Gorman & Assoc., Minneapolis, INN's editors and members of the prestigious INN Board of Advisers.

The following companies are recognized as 2008 INNovators:

First Place
Pinnacle Life, New Zealand
Online direct-to-consumer sales
(Nominated by Pinnacle Life)

Second Place
Allied North America, Jericho, N.Y.
Online collaboration implementation
(Nominated by Allied North America)

Third Place
Harleysville Insurance, Harleysville, Pa.
Predictive analytics/underwriting solution
(Nominated by Harleysville Insurance)

Runner Up
Cincinnati Insurance Co., Fairfield, Ohio
Claims systems implementation
(Nominated by SAP)

Runner Up
Metropolitan P&C Insurance Co., New York
Integrated litigation system
(Nominated by Computer Sciences Corp.)

Runner Up
Transamerica Reinsurance, Charlotte, N.C.
Mortality management system
(Nominated by MajescoMastek)

"We were pleased to see the number of technology innovations that support collaboration, as well as those that are dedicated to increasing their organization's awareness and acceptance--both on the business and IT side--of emerging technologies that impact the entire insurance value chain," said Speer. "Congratulations to our INNovators."

Holli Gronset, Insurance Networking News' associate publisher, remarked, "These winners did not accomplish their INNovations in a vacuum. Many are dependent on technology solutions and consulting services to achieve their goals, and those technology providers played a key role in fostering their successes. Insurance Networking News would like to congratulate the following TOP 20 select number of nominees, whose "innovation" deserves special recognition."

Nominee                                    Nominated By              Innovation
Accident Compensation Corp.       FINEOS                        Claims Center Solution
AIG                                            SAP                            Solution Center Implementation
Allianz Life                                  TrinTech                      Transaction Reconciliation
Allied N.A. Insurance Brokerage   Allied North America     Online Collaboration Implementation
AON                                           Accenture/  Sales Management Implementation
Bennion Taylor                            AMS Services                 Agency Management System
Cincinnati Insurance Co.              SAP                                 Claims System Solution
Darwin Professional Underwriters  OneShield                   Policy Processing/Underwriting Platform
Esurance                                    Tealeaf                     Customer Experience Technology
Geico                                          AT&T                        Contact Center Solution
Harleysville Insurance                  Harleysville Insurance      Predictive Analytics/Underwriting
The Hartford                                Bottomline Technologies     Legal E-Billing Solution
Infinity P&C Insurance Co.             SPSS                        Predictive Analytics/Claims
MarineBid Exchange                      Nationwide                  Online Auction/Claims
Mass Mutual Financial Group           SAP                         Distribution Mgt./Compensation Solution
Metropolitan P&C Insurance Co.      CSC                         Integrated Litigation System
Texas Health & Life (Agent)         Texas Health & Life         Norvax Online Quote/Sales Automation
Pinnacle Life                                Pinnacle Life               Online Direct to Consumer Sales
Southern Risk LLC                        Pagos                       Spreadsheet-Based Rating System
Transamerica Reinsurance            MajescoMastek               Mortality Management System

The 2008 INNovators program was designed as an educational vehicle and, as such, Insurance Networking News will publish the winners' stories as a special supplement that mails with its October issue.

Source: Insurance Networking News

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