For immediate release
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NEW YORK, September 20, 2019—The Resiliency Innovation Challenge will conclude on Wednesday, Sept. 25, as three companies vie for the top honor in a competition co-hosted by the Insurance Information Institute (I.I.I.) and InsureTech Connect (ITC).
“This Challenge offered a perfect illustration of how innovators are improving the insurance industry’s value chain while also enhancing their customers’ resilience to natural disasters,” stated Sean Kevelighan, CEO, I.I.I. “We were thrilled to have nearly two dozen companies compete toward a common objective—creating technology-based solutions that will benefit society. A big thanks to the 900 InsureTech Connect conference attendees for their participation in the Resiliency Innovation Challenge’s preliminary voting as well as to InsureTech Connect CEO Jay Weintraub and the event team for all of their support of this important endeavor.”
“The quality of Challenge entries not only met but exceeded our expectations. Our judges and the public had no easy task in selecting the finalists. We expect the on-site judges at the final pitch event will face a similar dilemma, but a winner will be crowned. More than anything, we hope the competition will inspire the community as a whole to continue applying cutting edge resources to address the challenges of resiliency,” said Jay Weintraub, Founder & CEO, ITC.
The three I.I.I./ITC Resiliency Innovation Challenge finalists are:
Each of the finalists will make their final pitches before a panel of on-site judges on Wednesday, Sept. 25, between 2 and 2:50 p.m., PST, as part of ITC’s 2019 conference. The annual gathering is being held at the MGM Grand in Las Vegas, Nev. The I.I.I.’s Kevelighan is serving as the Challenge’s master of ceremonies.
Among the judges are:
- Dr. Lee Ng, Vice President, Innovation, Travelers
- Arlene Kern, Strategic Innovation Scout, Munich Re
- Kevin D. Pray, Vice President, Innovation, The Hanover Insurance Group
The winner of the Resiliency Innovation Challenge will gain widespread exposure to the I.I.I.’s member companies, a group which includes the U.S.’s largest property/casualty insurers and reinsurers, as well as the ITC’s network of technology entrepreneurs and investors.
Established in 1960, the Insurance Information Institute (I.I.I.) is the premier independent resource on property/casualty and life insurance. Created to educate consumers about the benefits and economic value insurance provides, the Institute supports its audiences with timely and objective news, research, and thought leadership to make insurance more accessible and useful.
About InsureTech Connect
InsureTech Connect (ITC) is the world’s largest insurtech event, offering unparalleled access to the largest and most comprehensive gathering of tech entrepreneurs, investors and insurance industry executives from across the globe. Founded by Jay Weintraub and Caribou Honig, ITC is expecting more than 7,000 attendees from 60+ countries this year. InsureTech Connect 2019, presented by Oliver Wyman, will be held September 23 - 25, 2019, at the MGM Grand in Las Vegas.