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.

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

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.

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The 2025 Global Innovation Awards recognize organizations that are pioneering transformative solutions to key challenges in insurance and risk management.