EMC Insurance Companies was named a 2022 winner of the Insurance Technology Impact Awards by Aite-Novarica Group, in the category of Data Initiatives. This was the 11th annual Insurance Technology Impact Awards, which recognizes insurers for their projects and programs that delivered real business impact through technology.
“It is such an honor to receive this award from Aite-Novarica Group for our ongoing enterprise data modernization efforts,” said Laks Krishnamoorthy, vice president – enterprise data management. “This work requires a high-level of commitment and collaboration from our teams, and I could not be prouder to work alongside them.”
Aite-Novarica Group is an advisory firm providing mission-critical insights on technology, regulations, strategy and operations to hundreds of banks, insurers, payments providers and investment firms. The group plans to host a series of moderated panel discussions with representatives from all winning organizations in the months of July and August.
“The Impact Awards are designed to help recognize the ways insurers are using technology to better understand and manage risk, to sell policies more quickly and effectively, and to streamline processes and improve operational efficiency,” said Harry Huberty, head of CIO research at Aite-Novarica Group. “This year’s submissions were among the most impressive I have ever seen, and I’ve heard from a number of voters that they were extremely impressed by the quality of this year’s competition.”