Awards


INSURER

Insurer of the Year

 

Details Coming Soon

 

Employer of Choice – Insurer

 

This award recognizes an insurer’s commitment to building a workplace that recognizes excellence and supports career growth for all. This award recognizes the company that has won the reputation to be called an employer of choice within the insurance industry.

Criteria:

 

  • Committed to building a workplace that recognizes excellence and supports phenomenal careers for all
  • Provides the right relationships, challenging and meaningful opportunities, and flexible work options to help people develop their full potential
  • Demonstrates a commitment to provide a supportive and innovative workplace for their employees

 

Excellence in Diversity & Inclusion – Insurer

 

This award recognizes an organization that has diversity and inclusion at the heart of its business and provides employee programs for women, minority groups, persons with disabilities and LGBT individuals.

Criteria:

 

  • Must have interesting initiative/s for diversity groups implemented within their organization
  • A clear narrative that demonstrates why the D&I strategy was implemented and how it is linked to broader business strategy
  • Evidence of the organization's success with regards to D&I

 

Excellence in Philanthropy & Community Service – Insurer

 

This award celebrates the outstanding contribution of time, leadership and financial support of an insurer who set new benchmarks of excellence in philanthropy and community service.

Criteria:

 

  • Must have active involvement in philanthropic efforts and community service whether in local, regional, national and/or international scale
  • Displays a clear statement of how any initiative is aligned with the company or organizations’ strategic and business goals towards the betterment of community
  • Demonstrate a commitment to philanthropy through financial support and the encouragement of others to take roles toward philanthropy
  • Demonstrate a coherent and integrated approach

 

Excellence in Corporate Social Responsibility – Insurer

 

This award celebrates the outstanding contribution of time, leadership and financial support of an insurer who set new benchmarks of excellence in corporate social responsibility.

Criteria:

 

  • Must have implemented CSR initiatives whether in local, regional, national and/or international scale
  • Displays a clear statement of how any initiative is aligned with the company or organizations’ strategic and business goals towards the betterment of social or environmental issues
  • Demonstrate success and meaningful impact of efforts and initiatives in CSR, with evidence of the delivery of policies in action
  • Demonstrate a coherent and integrated approach

 

 

BROKERAGE

Brokerage of the Year

 

This award recognizes the best brokerage in the USA. The number of staff includes all brokers writing business (license holders or authorised representatives) and support staff. To be eligible your brokerage must be independently branded and headquartered in the USA.

When judging this category, the following criteria will be considered from an overall business perspective:

 

  • More than 50% of revenue must be derived from commercial
  • Client retention
  • Customer service proposition
  • Financial results including total revenue, percentage of new business and growth in client and staff numbers
  • Staff development and retention
  • The business’ value proposition and strategy around stakeholder engagement

 

Independent Retail Agency of the Year

 

This award recognizes the best independent retail agency in the USA. The number of staff includes all brokers writing business (license holders or authorised representatives) and support staff. To be eligible your retail agency must be independently branded and headquartered in the USA.

When judging this category, the following criteria will be considered from an overall business perspective:

 

  • More than 50% of revenue must be derived from commercial
  • Client retention
  • Customer service proposition
  • Financial results including total revenue, percentage of new business and growth in client and staff numbers
  • Staff development and retention
  • The business’ value proposition and strategy around stakeholder engagement

 

Wholesale Partner of the Year

 

This award of excellence recognizes the wholesale partner that offers superb service to brokers and is consistently proactive in educating brokers on products, while maintaining in-depth knowledge of financial markets and the competitive landscape of all product offerings. To be eligible your wholesale brokerage must be independently branded and headquartered in the USA.

When judging this category, the following criteria will be considered from an overall business perspective:

 

  • Maintains superior support service to brokers through underwriting, claims support, premium pricing
  • Demonstrates above-standard range of products and carriers, marketing support, automation
  • Demonstrates outstanding commitment and major contributions to partners and the industry as a whole

 

The Burns & Wilcox Award for Brokerage CEO of the Year

 

This award goes to the CEO who has best demonstrated vision and leadership over several years, where the nominee's insight, discernment and ability to lead and inspire has guided his or her organization to a new level of growth, achievement or recognition.

Criteria:

 

  • Must be the current CEO of a brokerage/agency/wholesale partner in the USA
  • Demonstrate a sustained effort and commitment to innovation, customer care, knowledge & education, the firm’s strategic business objectives and to the Insurance industry as a whole
  • Demonstrate leadership that has inspired and engaged the workforce
  • Relevant accolades and achievements in 2017 and in the past 3 years (including the success of business initiatives rolled out during term if applicable)

 

Employer of Choice (Fewer than 100 Employees) – Brokerage

 

This award recognizes a brokerage’s commitment to building a workplace that recognizes excellence and supports career growth for all. This award recognizes the company that has won the reputation to be called an employer of choice within the insurance industry.

Criteria:

 

  • Must have fewer than 100 employees in the USA
  • Committed to building a workplace that recognizes excellence and supports phenomenal careers for all
  • Provides the right relationships, challenging and meaningful opportunities, and flexible work options to help people develop their full potential
  • Demonstrates a commitment to provide a supportive and innovative workplace for their employees

 

Employer of Choice (100 Employees or More) – Brokerage

 

This award recognizes a brokerage’s commitment to building a workplace that recognizes excellence and supports career growth for all. This award recognizes the company that has won the reputation to be called an employer of choice within the insurance industry.

Criteria:

 

  • Must have 100 or more employees in the USA
  • Committed to building a workplace that recognizes excellence and supports phenomenal careers for all
  • Provides the right relationships, challenging and meaningful opportunities, and flexible work options to help people develop their full potential
  • Demonstrates a commitment to provide a supportive and innovative workplace for their employees

 

Excellence in Diversity & Inclusion – Brokerage

 

This award recognizes an organization that has diversity and inclusion at the heart of its business, and that provides employee programs for women,minority groups, persons with disabilities and LGBT individuals.

Criteria:

 

  • Each applicant must have an interesting initiative for diversity groups implemented within their organization
  • A clear narrative that demonstrates why the D&I strategy was implemented and how it is linked to broader business strategy
  • Evidence of the organization's success with regards to D&I

 

Excellence in Philanthropy & Community Service – Brokerage

 

This award celebrates the outstanding contribution of time, leadership and financial support of a brokerage that set new benchmarks of excellence in philanthropy and community service.

Criteria:

 

  • Must have active involvement in philanthropic efforts and community service whether in local, regional, national and/or international scale
  • Displays a clear statement of how any initiative is aligned with the company or organizations’ strategic and business goals towards the betterment of community
  • Demonstrate a commitment to philanthropy through financial support and the encouragement of others to take roles toward philanthropy
  • Demonstrate a coherent and integrated approach

 

Best Specialized Practice - Brokerage

 

Details coming soon - stay tuned!

 

 

NATIONAL

Insurance Disruptor of the Year

 

Details coming soon - stay tuned!

 

Network / Alliance of the Year (Membership of 100 Agencies or More)

 

This award of excellence recognizes the outstanding network/alliance in the USA for its commitment to its broker members, clients and support to the insurance industry as a whole.

Criteria:

 

  • Open to networks / alliances with a membership of 100 agencies or more
  • Commitment to its agency members, clients and support to the insurance industry as a whole
  • Demonstrated evidence of value proposition to the member offices
  • Excellence in majority of the following member services: training and education, marketing, commission and profit share, access to more carriers and products, claims support, customer service support, access to niche and non-traditional markets, administrative support, recruitment of talent

 

Network / Alliance of the Year (Membership of Fewer than 100 Agencies)

 

This award of excellence recognizes the outstanding network/alliance in the USA for its commitment to its broker members, clients and support to the insurance industry as a whole.

Criteria:

 

  • Open to networks / alliances with a membership of fewer than 100 agencies
  • Commitment to its agency members, clients and support to the insurance industry as a whole
  • Demonstrated evidence of value proposition to the member offices
  • Excellence in majority of the following member services: training and education, marketing, commission and profit share, access to more carriers and products, claims support, customer service support, access to niche and non-traditional markets, administrative support, recruitment of talent

 

ReInsurer of the Year

 

Details coming soon - stay tuned!

 

Risk Team of the Year

 

This award recognizes excellence and stand-out performance within risk management and will be presented to the team that has excelled at protecting the assets of their company or the company they consult for, by identifying exposures that may result in accidents or losses.

Criteria:

 

  • Open to any risk team within the insurance space
  • Demonstrated success in protecting the assets of their company; actively recommends and implements innovations to minimize costs and losses
  • Offers strategic thinking to the risk management community as a whole

 

 

INDIVIDUAL

The Award for Lifetime Achievement in the Insurance Industry

 

This award recognizes an individual who has made an outstanding contribution to the industry as a whole through visionary people management strategies and leadership. This award will acknowledge someone with an established history of distinguished service to the insurance profession and who has exhibited leadership and provided inspiration to others in the sector while putting the interests of the industry at the top of their priorities.

We accept nominations in this category with the editorial team at Insurance Business magazine making final selections based on editorial research and industry feedback.

There are no Finalists selected and announced in this category. We will contact the recipient via email or phone a month before the ceremony.

 

The Tangram Insurance Award for Woman of Distinction

 

This award of excellence goes to the outstanding female trailblazer in the insurance industry whose astounding personal and professional achievements have earned them a place among the industry’s best.

Criteria:

 

  • Professional accomplishments in 2017 and in the last five years (business initiatives in which the nominee played a critical role, new business brought to the company, innovative ideas, etc.)
  • Demonstrate promotion, influence and championing of women within the Insurance industry
  • Leadership of professional associations
  • Other relevant accolades and accomplishments (charitable work, accomplishments outside the industry, etc.)

 

Producer of the Year

 

This award of excellence goes to the outstanding producer in the insurance industry whose astounding personal and professional achievements have earned them a place among the industry’s best.

Criteria:

 

  • Professional accolades and standout achievements in 2017 and in the last five years (business initiatives in which the nominee played a critical role, new business brought to the company, innovative ideas, etc.)
  • Demonstrate best practice and above industry standard in client relationship management and business development
  • Demonstrate active growth and service leadership through industry news, developments, product offerings, etc.
  • Demonstrate best use of technology/innovation in reinforcing business strategy and client relationship

 

Wholesale Broker of the Year

 

This award of excellence recognizes the standout individual wholesale broker who has best exceled at pushing the envelope with innovation and growth and garnering industry’s attention including the respect of peers. This broker demonstrates commitment to clients, portrays exemplary customer service skills and manages to build and cement long-term business relationships.

Criteria:

 

  • Career development within the insurance space
  • Relevant accolades and standout achievements in 2017
  • Demonstrate service leadership and active growth through industry news, developments, product offerings, etc.
  • Demonstrate best use of technology/innovation in reinforcing business strategy and client relationship

 

Young Gun of the Year - Brokerage

 

This award of excellence recognizes the outstanding young insurance broker in the insurance industry who has shown the highest potential for greater leadership and has exceled at pushing the envelope with innovation and growth, garnering industry’s attention and the respect of peers.

Criteria:

 

  • Must be a young insurance broker who is 35 or younger as of January 1, 2018
  • Must be currently working in an insurance brokerage
  • Professional accolades and standout achievements in 2017 (business initiatives in which the nominee played a critical role, new business brought to the company, innovative ideas, etc.)
  • Distinctive new business development strategies, including unique ways of utilizing technology
  • Exceptional relationship management

 

Young Gun of the Year - Insurer

 

This award of excellence recognizes the outstanding young individual insurer in the insurance industry who has shown the highest potential for greater leadership and has exceled at pushing the envelope with innovation and growth, garnering industry’s attention and the respect of peers.

Criteria:

 

  • Must be a young insurance broker who is 35 or younger as of January 1, 2018
  • Must be currently working in an insurer
  • Professional accolades and standout achievements in 2017 (business initiatives in which the nominee played a critical role, new business brought to the company, innovative ideas, etc.)
  • Distinctive new business development strategies, including unique ways of utilizing technology
  • Exceptional relationship management

 

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