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Guild Insurance awarded as Australian & New Zealand’s 31st most innovative company

Guild Insurance has been recognised as the 31st most innovative company in Australia & New Zealand as part of the Australian Financial Review’s 2017 most innovative companies list. The list, judged and compiled by innovation consultancy Inventium, attracted more than 1000 nominations.

The rigorous assessment process organisations went through consisted of three parts.

  • First, entrants had to describe two innovations they have implemented in the past 12 months.
  • Second, entrants had to submit responses to several open-ended questions about how they have integrated and embedded innovation into their organisation &
  • Finally, organisations received Inventium's Innovation Maturity Index, an online survey completed by a representative sample of employees to assess performance on a range of innovation drivers.

This award is no mean achievement and is a moment of pride and a stepping stone to develop more innovative ideas and stake a claim for top gong next year.

The theme for 2017 was innovation which was broadly defined as "change that adds value". And true to that, our Fitbip Innovation Portal won for both its creativity and ability to deliver results in equal measure. Fitbip, is a digital portal where minimal inputs results in a choice of four packaged offerings where you choose one to get a quote price to then select to proceed to buy.

Winning the award is not just an outcome for one year’s work; it’s the culmination of a hugely successful business transformation to build on our long history in the Australian specialist insurance market.

This year, there was a particular focus on innovation and transformation, with so many businesses realigning their role in the industry and how they can change themselves to best serve their customers.

Innovation has become fundamental to our growth and success, and it is this dynamism and ingenuity that keeps us going for the future.