IT Tech & Innovation Awards 2020. CMS is a finalist in four awards categories.
CMS is incredibly pleased and proud to have been shortlisted as a finalist in all four of the categories it entered in the Insurance Times Tech & Innovation Awards 2020
About the IT Tech & Innovation Awards 2020
“The IT Tech & Innovation Awards 2020 celebrate the very finest in UK general insurance technology and innovation – those outstanding initiatives, individuals and teams embracing emerging opportunities and leading the charge for a better customer experience in a rapidly changing space.”
– Insurance Times Tech & Innovation Awards website
Entries had to be in by 16 June and the finalists were announced on 6 July.
The awards ceremony itself, is planned to be held at the Royal Lancaster London hotel, which overlooks Hyde Park, on Thursday 17 September.
Obviously this will be subject to the advice on gatherings, because of the COVID pandemic.
In all, there were fourteen awards categories, that could be entered;
- Best Broker Software Management House
- Best Insurer Extranet
- Best Use of AI
- Best Use of Technology for Customer Experience
- Best Use of Technology for Customer Experience – General
- Best Use of Technology for Customer Experience – Claims (General)
- Best Use of Technology for Customer Experience – Claims (Supplier)
- Data Analytics Excellence Awards
- Fraud Technology Solution of the Year
- Insurance Start-up – B2B
- Investor/Corporate Innovator of the Year
- Risk-Modelling Technology of the Year
- Technology Innovation of the Year
- Technology Partner of the Year
Which IT Tech & Innovation Awards 2020 are we finalists in?
Best us of AI
This category is about how artificial intelligence has been used to enhance customer service, drive marketing initiatives, develop new product and/or achieve improvements within the entrants organisation.
Best Use of Technology for Customer Experience – Claims (supplier)
The category is all about recognising those organisations that have embraced new technology. To make a difference to their customers’ claims experiences.
Data Analytics Excellence Award
Adding value via data analytics, is what this award category is all about. It’s a sister award to the AI award. And is about how data analytics have been used to enhance customer service, drive marketing initiatives and/or deliver business operational improvements.
Risk Modelling Technology of the Year
This category recognises the value of creative thinking and innovation, in the risk-modelling world. It includes those companies which have modelled a new risk or developed a new way of helping customers gain a deeper understanding of their risks.
What is the next step?
Due to the current circumstances, Insurance Times won’t be running the normal Stage Two judging day. That is face to face presentations to the judging panel.
Instead, finalists have been asked to provide an evidence-based written submission in the form of a 500 word ‘elevator pitch’, by July 30.
This will be reviewed by the expert panel of judges, meeting remotely themselves. On Thursday 13th August. To decide on this year’s category and award winners.
What happens after that?
As mentioned above, the awards ceremony is planned to be held at the Royal Lancaster London hotel. On Thursday 17 September. With a Black-Tie drinks reception, gala-dinner, and party evening
Photos from last year’s event can be found on the IT Tech & Innovation awards website. Hopefully a similar evening will be possible, in the UK, by mid-September.
What does it mean to CMS?
Obviously, all of us at CMS are very pleased and extremely proud to have been shortlisted for not one, but four IT Tech & Innovation Awards 2020
Our CEO and founder, Charles Smith, summed it up, saying
“This is great news for Collision Management Systems, and testament to the hard work of everyone in the company.
CMS is all about enabling a safer world. And we do that in three steps, which the IT Tech & Innovation Awards 2020 recognise the value of;
Simplifying data: CMS makes the complex world of telematics and connected vehicle data simple, clear and actionable
Empowering action: We enable organisations to make greater use of their data to manage risk better, act quicker and keep people safe.
Delivering trust: We are trusted by our customers because of our reliability, discretion and above all, our shared commonality of purpose: a safer world
It has been fantastic to be able to present these commitments and values, to the IT Tech & Innovation Awards 2020 judges, and to have them recognised as worthy enough to be shortlisted.
We are all now very much looking forward to the awards evening itself.
While we hope to be winners, we also want to acknowledge and recognise the work of our fellow finalists. Plus, the recognition and profile that these awards have in the Insurtech community.
And, of course, may the best organisation win on the night.“
About Collision Management Systems
Based in Central Milton Keynes, CMS is a world leading telematics data aggregation specialist.
Collecting data from connected vehicles and other data sources, CMS powers risk management solutions for the fleet, insurance, technology, and mobility industries, across the globe.
With this, we are very much about, enabling a safer world.