As part of a new event named “Innovation Days” a total of 50 employees in Scalepoint recently worked around the clock for two full days developing innovative business ideas with the potential to make a difference for customers in the insurance industry.

Employees branched out into seven teams each working with an idea that they believe can create substantial business value for an insurance company, particularly in the field of claims management. Working under time-pressure each team developed a compelling presentation of their idea including a description of how it can be realised. Following this presentations were held towards a jury consisting of Scalepoint’s management team members along with representatives from two large insurance companies.

The jury elected two winner projects based on their core value not only for insurance companies, but also the customers they serve. Moreover, the uniqueness of the idea was evaluated along with expected time to market and likelihood of market success. The winner projects that were selected included a proposal to integrate third party data into Scalepoints existing solutions and a ‘chatbot’ solution that supports customers who have questions related to their claims.