Innovation in Retail Life Insurance

This award will honour an organisation which has demonstrated an outstanding commitment to innovation in retail life insurance through the launch of a product or service.  

  • Nominated organisation must be a member of the Financial Services Council. 
  • The product or service being nominated must have been launched post 1 May 2019. 
Judging Criteria: 
  • Is the innovation bringing something new to the retail insurance market for consumers? How? 
  • Has the innovation been developed taking into consideration consumer needs and expectations? How? 
  • Will the innovation improve consumer attitudes to insurance? How? 
  • Is the application supported by evidence of commercial success (statistics etc)? 

The product or service being nominated should be innovative in a way that benefits customers rather than purely for financial gain.

Please limit each of your answers to 300 words maximum.

Closing Date

30 October 2020 at 5.30pm. 

Question Title

* 1. Details of person submitting the application.

Question Title

* 2. Details of nominated product or service.

Question Title

* 3. Give an overview of the organisation being nominated - include company boilerplate text.

Question Title

* 4. Give an overview of the specific product or service including how it is innovative, why it was designed that way and how it affects the Retail Life Insurance industry.

Question Title

* 5. Supply links to supporting evidence that highlights or promotes the nominated product or service. Include media releases, media clippings and links to any relevant websites