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2025 Global Innovation Awards Celebrate Advances in Data Analytics, AI Claims Processing, and Risk Intelligence

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2025 Global Innovation Awards Celebrate Advances in Data Analytics, AI Claims Processing, and Risk Intelligence
News

News

2025 Global Innovation Awards Celebrate Advances in Data Analytics, AI Claims Processing, and Risk Intelligence

2025-10-31 02:31 Last Updated At:02:40

NEW YORK--(BUSINESS WIRE)--Oct 30, 2025--

The International Insurance Society (IIS), Insurance Thought Leadership (ITL), and Lloyd’s are proud to announce the winners of the 2025 Global Innovation Awards, recognizing organizations that are pioneering transformative solutions to key challenges in insurance and risk management. Winners were honored during an awards ceremony on Oct. 27 at the Swiss Re Centre for Global Dialogue in Rüschlikon, Switzerland, a highlight of the Global Insurance Forum.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251030378907/en/

2025 Global Innovation Awards Winners

Property & Casualty Innovator of the Year

Gallagher’s Global Data & Technology Capabilities

The platform transforms how complex industry data is accessed and understood. By integrating rates, losses, and limits into a single, long-term analytics ecosystem, the platform delivers real-time, holistic insights that empower clients, brokers, and partners to make confident, informed decisions and unlock new opportunities for growth.

Life | Health | Retirement Innovator of the Year

Irish Life’s CARA (Claims AI Reasoning Assistant)

The groundbreaking multimodal AI solution revolutionizes the claims management process. Combining Document AI, generative AI powered by GPT models, and advanced machine learning, CARA addresses long-standing challenges in claims processing — reducing turnaround times, improving accuracy, and elevating the customer experience during life’s most critical moments.

Predict & Prevent Innovator of the Year and “Viewer’s Choice”

AXA Digital Commercial Platform

The AI-powered, one-stop ecosystem is designed to help organizations anticipate and manage today’s interconnected risks. Integrating real-time catastrophe intelligence, cyber defense, risk tools, and training, the platform empowers businesses to predict, prevent, and respond more effectively to global crises and foster resilience in an era of complexity.

During a special session at the Global Insurance Forum, Dawn Miller of Lloyd’s explored the impact of these innovations with Steve Rhee of Gallagher, Martin Donovan of Irish Life, and Pierre du Rostu of AXA Digital Commercial Platform.

About International Insurance Society (IIS)

IIS is a non-profit organization that brings together insurance and risk management professionals from around the world. Insurance helps businesses thrive, communities grow, and people overcome hardship. The mission is simple: by providing education, recognizing excellence, and supporting career growth, the IIS works to foster a global community that can protect and empower society for generations to come. IIS is an affiliate of The Institutes®.

About Insurance Thought Leadership (ITL)

ITL is a global network of thought leaders and decision makers transforming the insurance and risk management marketplace through knowledge sharing, big ideas, innovative technology, and real-world applications. ITL positions readers to be smarter about the forces shaping the insurance industry and connects members in ways that lead to innovation and strategic advantage. ITL is an affiliate of The Institutes.

About The Institutes

The Institutes are a global not-for-profit comprised of diverse affiliates that educate, elevate, and connect people in the essential disciplines of risk management and insurance. Through products and services offered by The Institutes’ 20 affiliated business units, individuals and organizations are empowered to help those in need with a focus on understanding, predicting, and preventing losses to create a more resilient world.

About Lloyd’s

Lloyd's is the world’s leading marketplace for insurance and reinsurance. The Lloyd’s market offers the resources, capability, and insight to develop new and innovative products for customers in any industry, on any scale, in more than 200 territories.

Lloyd’s Insurance Company S.A. (LIC) is your gateway to specialist insurance across Europe. Regulated in Belgium and backed by the strength of the Lloyd’s brand, LIC delivers expert solutions in Property, Liability, Marine, Cyber, and more — tailored to the unique needs of the EEA market.

Through its innovative post-Brexit model, LIC partners with Managing Agents and local brokers to place complex risks efficiently. At the heart of its innovation strategy is the Lloyd’s Lab — Europe’s #1 insurance startup hub (Financial Times) — where 86 European startups have already transformed the market with cutting-edge solutions in AI, parametrics, blockchain, and Nat-Cat resilience.

The Global Innovation Awards were presented at the Global Insurance Forum on Oct. 27, 2025 in Rüschlikon, Switzerland

The Global Innovation Awards were presented at the Global Insurance Forum on Oct. 27, 2025 in Rüschlikon, Switzerland

GUATIRE, Venezuela (AP) — Relatives of jailed opposition figures, activists and journalists waited outside Venezuelan prisons as the government began releasing a small number of detainees nearly a week after former President Nicolás Maduro was captured by U.S. forces.

President Donald Trump said the releases came at Washington’s request and praised the government of acting President Delcy Rodríguez.

This is a photo gallery curated by AP photo editors.

Relatives and friends of political prisoners hold banners and candles calling for their loved ones to be set free outside the Rodeo I prison in Guatire, Venezuela, Friday, Jan. 9, 2026 after the government announced prisoners would be released. (AP Photo/Matias Delacroix)

Relatives and friends of political prisoners hold banners and candles calling for their loved ones to be set free outside the Rodeo I prison in Guatire, Venezuela, Friday, Jan. 9, 2026 after the government announced prisoners would be released. (AP Photo/Matias Delacroix)

Mariana Gonzalez, the daughter of former presidential candidate Edmundo Gonzalez, stands outside the Rodeo I prison where her husband is detained, in Guatire, Venezuela, Thursday, Jan. 8, 2025, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners. (AP Photo/Matias Delacroix)

Mariana Gonzalez, the daughter of former presidential candidate Edmundo Gonzalez, stands outside the Rodeo I prison where her husband is detained, in Guatire, Venezuela, Thursday, Jan. 8, 2025, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners. (AP Photo/Matias Delacroix)

Relatives and friends of political prisoners light candles calling for their loved ones to be set free outside El Helicoide, the headquarters of Venezuela's intelligence service and detention center, in Caracas, Venezuela, Friday, Jan. 9, 2026 after the government announced prisoners would be released.(AP Photo/Ariana Cubillos)

Relatives and friends of political prisoners light candles calling for their loved ones to be set free outside El Helicoide, the headquarters of Venezuela's intelligence service and detention center, in Caracas, Venezuela, Friday, Jan. 9, 2026 after the government announced prisoners would be released.(AP Photo/Ariana Cubillos)

Francy Fernandez lights a candle during a vigil calling for her husband, Carlos Julio Rojas, to be set free outside El Helicoide, the headquarters of Venezuela's intelligence service and detention center, in Caracas, Venezuela, Friday, Jan. 9, 2026 after the government announced prisoners would be released.(AP Photo/Ariana Cubillos)

Francy Fernandez lights a candle during a vigil calling for her husband, Carlos Julio Rojas, to be set free outside El Helicoide, the headquarters of Venezuela's intelligence service and detention center, in Caracas, Venezuela, Friday, Jan. 9, 2026 after the government announced prisoners would be released.(AP Photo/Ariana Cubillos)

Shakira Ibarreto leaves the Rodeo I prison after visiting her father, Miguel Ibarreto, in Guatire, Venezuela, Friday, Jan. 9, 2026, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners (AP Photo/Matias Delacroix)

Shakira Ibarreto leaves the Rodeo I prison after visiting her father, Miguel Ibarreto, in Guatire, Venezuela, Friday, Jan. 9, 2026, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners (AP Photo/Matias Delacroix)

Relatives of detainee Yosnars Baduel embrace outside the Rodeo I prison in Guatire, Venezuela, Thursday, Jan. 8, 2026, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners. (AP Photo/Matias Delacroix)

Relatives of detainee Yosnars Baduel embrace outside the Rodeo I prison in Guatire, Venezuela, Thursday, Jan. 8, 2026, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners. (AP Photo/Matias Delacroix)

Relatives of political prisoners gather outside the Rodeo I prison in Guatire, Venezuela, Thursday, Jan. 8, 2026, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners. (AP Photo/Matias Delacroix)

Relatives of political prisoners gather outside the Rodeo I prison in Guatire, Venezuela, Thursday, Jan. 8, 2026, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners. (AP Photo/Matias Delacroix)

El Helicoide, the headquarters of Venezuela's intelligence service and detention center, stands in Caracas, Venezuela, Friday, Jan. 9, 2026, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners. (AP Photo/Ariana Cubillos)

El Helicoide, the headquarters of Venezuela's intelligence service and detention center, stands in Caracas, Venezuela, Friday, Jan. 9, 2026, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners. (AP Photo/Ariana Cubillos)

Juliana Flores holds her son and a candle while calling for her parents to be set free outside El Helicoide, the headquarters of Venezuela's intelligence service and detention center, in Caracas, Venezuela, Friday, Jan. 9, 2026 after the government announced prisoners would be released.(AP Photo/Ariana Cubillos)

Juliana Flores holds her son and a candle while calling for her parents to be set free outside El Helicoide, the headquarters of Venezuela's intelligence service and detention center, in Caracas, Venezuela, Friday, Jan. 9, 2026 after the government announced prisoners would be released.(AP Photo/Ariana Cubillos)

Relatives of political prisoners gather outside the Rodeo I prison in Guatire, Venezuela, Thursday, Jan. 8, 2026, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners. (AP Photo/Matias Delacroix)

Relatives of political prisoners gather outside the Rodeo I prison in Guatire, Venezuela, Thursday, Jan. 8, 2026, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners. (AP Photo/Matias Delacroix)

Jacklin Ibarreto, whose father Miguel Ibarreto is detained, waits outside the Rodeo I prison in Guatire, Venezuela, Friday, Jan. 9, 2026, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners. (AP Photo/Matias Delacroix)

Jacklin Ibarreto, whose father Miguel Ibarreto is detained, waits outside the Rodeo I prison in Guatire, Venezuela, Friday, Jan. 9, 2026, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners. (AP Photo/Matias Delacroix)

Relatives and friends of political prisoners hold banners calling for their loved ones to be set free outside El Helicoide, the headquarters of Venezuela's intelligence service and detention center, in Caracas, Venezuela, Friday, Jan. 9, 2026 after the government announced prisoners would be released.(AP Photo/Ariana Cubillos)

Relatives and friends of political prisoners hold banners calling for their loved ones to be set free outside El Helicoide, the headquarters of Venezuela's intelligence service and detention center, in Caracas, Venezuela, Friday, Jan. 9, 2026 after the government announced prisoners would be released.(AP Photo/Ariana Cubillos)

Relatives of political prisoners gather outside the Rodeo I prison in Guatire, Venezuela, Thursday, Jan. 8, 2026, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners. (AP Photo/Matias Delacroix)

Relatives of political prisoners gather outside the Rodeo I prison in Guatire, Venezuela, Thursday, Jan. 8, 2026, after National Assembly President Jorge Rodriguez said the government would release Venezuelan and foreign prisoners. (AP Photo/Matias Delacroix)

Shakira Ibarreto, center, holds a candle calling for her father Miguel Ibarreto to be set free outside the Rodeo I prison in Guatire, Venezuela, Friday, Jan. 9, 2026 after the government announced prisoners would be released. (AP Photo/Matias Delacroix)

Shakira Ibarreto, center, holds a candle calling for her father Miguel Ibarreto to be set free outside the Rodeo I prison in Guatire, Venezuela, Friday, Jan. 9, 2026 after the government announced prisoners would be released. (AP Photo/Matias Delacroix)

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