Everything you need to know to enter the 2018 Awards
Who organises the Asia-Pacific Risk Management Awards?
StrategicRISK hosts and organises the StrategicRisk Asia-Pacific Risk Management Awards 2018. Risk managers, insurers, brokers and other service providers can enter 16 award categories (see below), with the winners announced at a special ceremony in May next year. The Awards will be held in Singapore immediately following StrategicRISK’s annual conference, Strategic Risk Forum 2018.
Is there a charge to enter?
No, entry is free of charge
How can I enter?
Entries are made on our dedicated Awards website. Click here to access the site and set up an account
What is the entry deadline?
Entrants must set up an account on our dedicated Awards site by 31 December 2017
Once you have set up an account you have until 12.00am SGT on Saturday 27 January 2018 to finalise and submit your entry
When is the finallist shortlist announced?
We will publish a list of finallists on our website in mid March 2018. Finallists will also be informed by email.
When are the winners announced?
The winners will be revealed at a gala reception in Singapore in early May 2018
What are the conditions of entry?
- Individual, team and company entries can be submitted free of charge from September 2017 until Saturday 27 January 2018.
- All entries must be in English and submitted through StrategicRISK’s awards website
- The main effort of your entry must have taken place in 2017
- Entrants must ensure they have obtained the necessary authority from their organisation to enter the awards.
- The information contained within entries will remain confidential to StrategicRISK and the judging panel. However, entrants should ensure that they do not include information that might be deemed confidential by their company.
- Entries are limited to 1,000 words. A single PDF or Word document (maximum four pages) of supporting material such as diagrams and illustrations may accompany the entry.
- Entries must be received by 12.00am SGT on Saturday 27 January 2018. In exceptional circumstances, the deadline for submission may be extended. Entries received after midnight on the last day of entry can only be accepted when best efforts to deliver on time can be proven.
Which Awards can I enter?
There are two award categories. Category 1 Awards are open to risk and insurance professionals working within a corporate with operations in the Asia-Pacific. Entrants can be based outside of Asia-Pacific as long as their organisation has operations in the region. Category 2 Awards are open to risk/insurance managers AND service providers including but not limited to insurers, brokers, technology providers and advisors.
My client is a risk manager, can I enter a Category 1 Award on their behalf?
Yes, service providers can enter a category 1 award on behalf of their client as long as the focus of the entry is on the client’s work and the entry is submitted by the client.
How many awards can I enter?
There is no limit on the number of awards you can enter but remember, preparing an effective entry takes a lot of time and effort so chosing the right category to enter is important. Read the requirements carefully and ensure your entry meets as many of the criteria as possible.
Is there detailed entry criteria for each award?
Yes, we have developed a detailed set of criteria for each award to help guide your submission. This will also be used to judge your entry. You can view the criteria by setting up an account on our Awards website. Click here to access the site and set up an account
Who judges the awards?
Entries made for the awards are reviewed by an independent panel of judges. Knowledge of a nominated candidate does not preclude an individual from participating in the judging process, however, a service or business interest, present or recent past, will constitute a conflict of interest and will preclude a judge from voting in the relevant category. Judges who work for service providers (i.e. insurers, brokers, consultants) are only permitted to judge Category 1 awards and are precluded from judging awards if they have a service or business interest, present or recent past. A judge must have extensive, in-depth and international experience of risk management.
What is the judging process?
The judging process is confidential and based solely on the material submitted by entrants. The main effort must have taken place in 2017. There are two stages to the judging process. In stage one, each entry will be independently reviewed by four judges using an online platform. Each entry will be scored out of 100, based on the weighted criteria for each category. The scores from all judges are then collated and ranked with the highest scorers creating the finalist shortlist. The second judging stage is a conference call.
Judges will review and discuss all shortlisted entries and select a winner. Judges may also award an entry highly commended. The chair has the casting vote in case of a tie. The winner of each category and any highly commended entries will remain confidential until the awards ceremony. The judges reserve the right not to issue a shortlist or make an award if entries don’t meet the required standard. The decision of the judging panel is final and no correspondence will be entered into by StrategicRISK.
Do you have any tips on writing a successful entry?
- Preparing an effective entry takes a lot of time and effort so chosing the right category to enter is important. Read the requirements carefully and ensure your entry meets as many of the criteria as possible.
- Remember when preparing your entry that the main effort/initiative must have taken place in 2017.
- Feel free to use bullet points, diagrams and charts to emphasise key elements within your submission.
- Make your entry clear and concise. Think about creating subheadings for each criteria to help judges navigate your entry when scoring.
- Pay attention to the weighting of criteria. Consider this carefully when deciding what to focus on in your submission.
- Judges have a lot of entries to consider. Think carefully about what will make your entry stand out from others.
- Back up your claims with examples and data. Include testimonials from your senior management, your peers, suppliers or clients.
- Ask a colleague to proof read your submission before you enter.
Who won the 2017 Awards?
Click here to see the 2017 shortlist and winners
Category 1 Awards
The StrategicRISK Award
For risk management to become truly effective it must evolve from being operationally focused to become a tool that supports individuals and companies make better strategic decisions. The StrategicRISK Award recognises efforts in this area. The award is open to any individual or team that has made significant steps to embed risk into the decision-making fabric of their organisation in 2017.
Asia-Pacific Risk Manager of the Year
This category is open to any individual who currently has responsibility for corporate risk and/or insurance management, and whose work during 2017 has made a significant difference to his or her organisation or the wider risk management community. The judges are looking for evidence of the individual’s strategic and operational thinking, effective leadership and planning, excellent communication skills and demonstrable results. The contribution and result should preferably be innovative as well as excellent.
Risk Management New Starter of the Year
This category is open to individuals at the beginning of their career in corporate risk and/or insurance management. The entrant must have worked in a corporate risk or insurance related role for five or less years on 31 December 2017. Judges are looking for an entrant that can demonstrate that they have contributed to the measurement, management and/or mitigation of risk at their firm. Organisation and planning skills, negotiating and influencing skills and excellent communication are all important attributes of an aspiring risk manager. Successful entrants will be able to provide evidence of one or more of these.
Asia-Pacific Risk Management Team of the Year
This category is open to risk/insurance management teams, consisting of at least two individuals, who achieved demonstrable success with one or more initiatives in 2017. Judges will look for evidence of team collaboration, effective communication and the use of clear planning to address a specific risk management challenge.
Enterprise Risk Programme of the Year
This category is open to any individual or organisation that has introduced or enhanced an enterprise risk management approach in 2017. Judges will look for evidence of how the ERM programme has met the changing needs of your business, how it was effectively embedded within the organisation, and the business benefits of its implementation.
Risk Management in the Public Sector
This category is open to any individual, team or organisation in the public sector that has introduced or enhanced a risk management approach in 2017. Judges will look for evidence of how the risk management approach addresses the specific challenges facing public sector companies, how it was effectively embedded within the organisation, and the benefits of its implementation.
Insurance Initiative of the Year
This category is open to any individual, team or organisation that has implemented an innovative corporate insurance/risk financing programme in 2017. This could include the establishment of a captive or the use of an innovative insurance structure. It could also include firms that have restructured their insurance programme to improve coverage or firms that have successfully aligned the risk and insurance function. Judges will look for evidence of how the strategies employed helped your firm to better manage and mitigate risk.
Category 2 Awards
Asia-Pacific Insurance Innovation Award (Company)
This award is open to regional and global insurers that can demonstrate that they have developed an innovative risk and/or insurance product, solution or intiative that has significantly benefited one or more of their Asia-Pacific clients. Judges will look for evidence of how this product and/or service goes the extra mile to meet the specific needs of companies in Asia-Pacific. Measurable results and testimonials to support claims are important.
Asia-Pacific Broker Innovation Award (Company)
This award is open to regional and global brokers who can demonstrate that they have developed and implemented an innovative risk and/or insurance management product, solution or intiative that has significantly benefited one or more of their Asia-Pacific clients. Judges will look for evidence of how this product and/or service goes the extra mile to meet the specific risk or insurance needs of one or more of your clients. Measurable results and testimonials to support claims are important.
Asia-Pacific Corporate Broker of the Year (Individual)
This award is open to individuals at regional and global broking firms who can demonstrate that their work has substantially benefited one or more of their Asia-Pacific clients. Judges will look for individuals that have gone the extra mile to understand and meet the specific risk or insurance needs of their clients and developed innovative solutions to help them better manage risk. Measurable results and testimonials to support claims are important.
Asia-Pacific Corporate Insurer of the Year (Individual)
This award is open to any individual working at regional or global corporate insurer whose work has substantially benefited one or more of their Asia-Pacific clients. Individuals could work in relationship management, underwriting, claims, risk engineering or management roles. Judges will look for individuals that have gone the extra mile to understand and meet the specific risk or insurance needs of their clients and developed innovative solutions to help them better manage risk. Measurable results and testimonials to support claims are important.
Technology Innovation Award
This award is open to any organisation that has used to technology or developed a technology-based solution to support better risk management decision making. This includes but is not limited to risk and insurance management solutions. Judges will look for evidence of how your innovation meets the specific needs of your company or clients. Measurable results and testimonials to support claims are important.
Risk Advisor of the Year
This award is for individuals, teams or organisations that provide risk management advisory/consultancy services. Judges are looking for entrants that can demonstrate that they have supported Asia-Pacific clients overcome a specific risk management challenge through excellent creative thinking, problem solving and innovative strategies. Evidence of consultation with all stakeholders, strong communication and influencing skills, and the application of risk management best practice are essential.
Risk Management Product of the Year
This award is open to any organisation that has developed or improved a risk management product in 2017 which includes but is not limited to: OHS related products, insurance related products and advisory/decision-making tools. Judges will look for evidence of how your product meets the specific needs of risk/insurance managers in Asia-Pacific. Measurable results and testimonials to support claims are important.
Best Risk Training Programme of the Year
This category is open to individuals, teams, companies or specialist training providers that have initiated a new programme or improved upon an existing initiative in 2017. Judges are looking for entries that can demonstrate they understand the risk training requirements of their organisation or their clients and have developed an innovative and effective solution. Evidence of how you’ve considered and measured the engagement of the individuals/groups you train, the performance outcomes of training and the business impact over time are also important.
Lifetime Achievment Award (by nomination)