SAINT-HYACINTHE, QC, Dec. 7, 2017 /CNW Telbec/ - After winning the PME Award at Gala des Octas 2017 in Montréal and the Digital Transformation Award for its HuGO platform at the Digital Transformation and Awards Ceremony on June 14, in Toronto, Humania Assurance received a third honour with the Innovation PME Award at the 27th ADRIQ Gala des Prix Innovation which took place in Montreal on November 30, 2017.
"The ADRIQ Gala des Prix Innovation aims to recognize the ambitious projects of Quebec Tech, which, with new products and services, will improve tomorrow's daily life through research and innovation, "says Stéphane Rochon, President and CEO of Humania Assurance. "We are very proud to have been able to win this award, as this demonstrates that our HuGO platform goes beyond the traditional boundaries of technological innovation. HuGO is a major success across Canada. We are now recognized for turning innovation into progress. It is the ambition of Humania Assurance to make insurance more accessible everywhere and for all," states Stéphane Rochon.
In face of industry Goliaths, the small mutual insurance company from Saint-Hyacinthe who looks like David 3.0, builds its success on digital positioning. HuGO is a web platform that uses predictive analytics to instantly issue a complex and customizable life insurance policy based on the client's risk profile. This innovation, developed by Humania Assurance in collaboration with its Fintech, Survitech, revolutionizes the way to sell a life insurance product. With HuGO, Humania Assurance became the first insurance company in Canada to use predictive analytics to make a final decision and not just stratify the risk.
Whereas it once took 30 days to issue a life insurance policy, now Humania Assurance can do it in a matter hours.
About Humania Asssurance
Humania is a mutual insurance company that has been developing insurance solutions focused on the needs of Canadians for more than 75 years. It develops innovative web-based insurance coverage to simplify and speed up the process at a competitive price.
SOURCE Humania Assurance
For further information: Stéphane Rochon, President and CEO, Humania Assurance Inc., Telephone: 1-800-363-1334 ext. 274, email: [email protected]