ACORD announces details of insurtech competition’s London leg

Judges include chief data officer of Lloyd's

ACORD announces details of insurtech competition’s London leg

Technology

By Terry Gangcuangco

It’s that time of the year again for insurance disruptors to battle it out at the ACORD Insurtech Innovation Challenge (AIIC). First stop: London.

The industry’s global standards-setting body has announced details of the London leg, which will see 10 to 15 start-ups present their concepts to the likes of AXA XL digital leader Hélène Stanway and Lloyd’s of London chief data officer Helen Crooks.

The UK judging panel also includes DXC’s Digital Minds head Caroline Bedford, Polaris managing director Vivek Banga, and corporate innovation managing director at Rainmaking Innovation Manjit Rana.   

“This is an incredibly exciting time in the London insurance market as the entire ecosystem looks for solutions that will ultimately benefit the buyers of insurance products and solutions,” said Chris Newman, managing director of ACORD in London.

“Our semi-finalists will be demonstrating how they can help underwriters and brokers do just that.”

The London leg is taking place on June 12, with one finalist moving on to Boston in October for a chance to bag US$15,000 and other prizes. The other AIIC semi-final events are happening in Chicago and New York on June 26 and July 18, respectively.

 

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