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Ethical procurement idea wins ANZIIF award

Insurance House Claims Manager Tracey Hind has been crowned the 2019 winner of the Bright Light Award for her ‘Ethics and Procurement’ competition entry.

Now in its second year, the Australian and New Zealand Institute of Insurance and Finance’s (ANZIIF’s) Bright Light Award gives individuals and teams an opportunity to pitch an innovative idea to a panel of insurance industry leaders.

Ms Hind, who won $5000 cash and $1500 to spend on coaching and professional development, submitted a video presentation outlining the environmental impact of claims.

Her ideas to solve this challenge, which will be further developed alongside award sponsor TurksLegal and ANZIIF, include a tiered approach of increasing rates of repair over replacement, increasing use of ethical supply chains and improving salvage rights and participation by insurers in recycling.

The runner-up prize was awarded to Sedgwick adjusters Andrew Walsh and Christopher McAuliffe for their ‘Claim Time’ idea, which focused on providing video format loss adjuster’s reports to insurers.

Applications for the 2020 Bright Light Award open in September next year. Entries can either be a short video, an 800-word essay or a PowerPoint or voiceover image presentation.