Our passion for innovation is truly driven by employees, and we’re committed to giving our teams the time, resources and skills they need to develop the next generation of risk and insurance tools.
At the heart of our commitment is our Innovation Challenge – a bi-annual ideas summit that gives employees at all levels an opportunity to produce big ideas that will reshape our business and our industry. Each team is empowered by the knowledge that their ideas can have real impact on our company and our clients.
This year, 28 employees across eight teams participated in the 2023 Insurance & Risk Management Innovation Challenge. Our judges were truly impressed by the level of talent displayed. The presentations focused on new products, services, and technology applications that are highly relevant to our business with the potential to drive growth.
Here is a recap of the ideas presented by the three winning teams and the impact they will have on our clients.
1st Place: WORKWELL Rx
Team members: Jill Ambrose, RN, Jennifer Conicella, Melissa Csercsevits and Sean Rafferty
This team provided a solution that leverages buying power and relationships across our Property & Casualty and Employee Benefits departments. It incorporates an integrated approach across both programs, specifically with workers’ compensation coverage and pharmacy benefits at the forefront. This solution would provide our clients with more control over their pharmacy benefits, reduce inconsistencies in costs across coverages and geographies, and ultimately improve their bottom line.
2nd Place: DeepDive – Risk Financing Made Easy
Team members: Michael Helfrich, Nicholas Nocero, Eamonn O’Toole, Tim Svoboda
This team collaborated with The Actuarial Advantage, our trusted actuarial consulting partners, to develop a sophisticated, yet easy-to-use analytical tool that will aid in strategic discussions on risk financing. Combining our industry expertise with automation and relevant data sources, the team was able to create this tool to assist our clients in better understanding loss scenarios, evaluating risk financing options and improving program design.
3rd Place: Empowering Efficiency & Unifying Data
Team members: Gregory Fanelli, Tamara Malone, Maggie Mauer and Geoffrey Rendina
This team conducted an in-depth analysis of our core data systems and presented a strategic approach to enhance our data infrastructure. They identified opportunities across departments for improved data management under a unified structure to further bolster Conner Strong & Buckelew’s exceptional capabilities in servicing our clients.
Stay tuned for more updates!
