Vancouver-born insurtech APOLLO Exchange took home the trophy for Digital Innovator of the Year at the 4th annual Insurance Business Canada Awards last week, beating out eleven other contenders for the top prize.
The Digital Innovator of the Year was given to the organization that had best harnessed technology and digital solutions to improve their business, aid their staff, and leverage overall client experience over the past 12 months.
Winners were selected by a panel of industry experts and revealed at the black-tie awards gala, which welcomed over 600 industry professionals to the Liberty Grand in Toronto.
APOLLO officially launched in April of 2019, and has partnered with multiple insurance companies to digitize products, as well as over 70 brokerages to distribute those products via the Exchange.
“It’s an absolute honour for the APOLLO team to be recognized in this way,” said APOLLO CEO Jeff McCann. “We’re proud of what we’ve been able to accomplish with our partners in such a short period of time, and this recognition means a lot to our young company. We look forward to what 2020 will bring.”
With APOLLO, brokers are able to log in to the Exchange, and search, apply for, and purchase insurance in a completely digital environment, enabling them to offer significantly higher service standards than outdated paper processes, which are still common in the insurance industry.