Generali awarded in the Global Innovator Category at Efma-Accenture Innovation in Insurance Awards
Generali has received the silver medal in the 2022 edition of the Efma-Accenture Innovation in Insurance Awards in the Global Innovator category, after having won the gold medal in 2021. Attracting 398 entries from 251 institutions in 44 countries every year, the Awards recognise the best new innovative ideas that will help accelerate the transformation of insurance for the better around the world. At the same time, they act as a showcase of the most cutting-edge and effective innovations that take advantage of emerging technologies and respond to opportunities in insurance.
Innovation is in Generali’s DNA, a part of the Company’s heritage, present and future, enabling it to always exploit new technologies and developments to reinvent itself and remain competitive for over 190 years.
Innovation also plays a key role in Generali’s current strategic plan ‘Lifetime Partner 24: Driving Growth’, which includes a total of € 1.1 billion in investments in digital and technology during the plan horizon (a 60% increase on the last strategic cycle), a new € 250 million insurtech venture fund to harness high-potential opportunities, and an increasingly important role for the Generali Innovation Fund, aiming to accelerate innovation within the Group by stimulating and developing innovative ideas at a global level. The goal is to focus on customers, agents and employees to offer them the best possible experience and to improve internal processes.
This new achievement in Generali’s innovation journey sees the Company continuing to position itself at the frontier of innovation, confirming that the innovative spirit that has distinguished Generali through the years is here to stay.