Social Good Category: Best Mobile Innovation for Emerging Markets
The Global Mobile Awards, promoted by GSMA, are considered the Oscars of the Mobile Industry. ‘Creating a better future’ is the overarching theme for MWC18, so GSMA wants to award and recognise the companies who are dedicated to innovating for the communities which are most in need. The GSMA is committed to connecting everyone and everything to a #BetterFuture.
Innovation has fuelled the drive to ‘connect the unconnected’, bringing affordable mobile voice and data communications to people for the very first time, as well as services and initiatives that have had a proven effect on the empowerment of people, as well as their social and economic well-being.
This award recognises genuine innovation in mobile initiatives, programmes, products, apps, services and devices that are having a tangible effect on the inclusion, accessibility and vitality of emerging markets and their digital economies.
Digital Disruptor of the Year AWARD 2017
BIMA has scooped the Digital Disruptor of the Year Award at the inaugural International Data Corporation (IDC) Digital Transformation Awards in the Philippines.
The awards honour the achievements of those organisations that have successfully planned and executed the digital transformation (DX) of one or multiple areas of their business through the use of digital and disruptive technologies within Asia/Pacific.
The win highlights BIMA’s contribution to digital innovation in Asia as it harnesses mobile technology to bring affordable and accessible insurance to low-income and unbanked individuals in the Philippines.
WSJ Financial Inclusion Award 2017
BIMA has won the Wall Street Journal and Met Life Financial Inclusion Award in recognition of its role bringing insurance to the underserved at scale. BIMA was named Overall Winner and took home the People's Choice Award, receiving the most votes by the public.
The Award showcases solutions to the problems of financial access for the poor in the Asia-Pacific region. The judging criteria looked for innovative, sustainable, scalable and impactful strategies that increase access to individuals who have not had access to such programs, products and services historically.
Best Mature Stage Startup 2017
BIMA has claimed another flagship industry award, taking home the title of 'Best Mature Stage Start Up' in the global Fintech Finals 2017. The award, created by Next Money and sponsored by Visa, saw 1000s of startups from around the world compete in regional heats, with the Top 24 proceeding onto Hong Kong to battle it out in the final round. Winners were judged on the strength of their business model, scale, disruptive potential or impact, customer experience and growth opportunity.
Mondato LATAM Digital Finance Social Impact 2016
The judges recognised BIMA for offering an innovative solution that has had a demonstrable impact on both the insurance landscape and the lives of customers in the region.
FInance Monthly Gamechanger Award 2017
The Finance Monthly Game Changer Awards is dedicated to the visionaries who have helped to shape and transform the corporate landscape across the business world. A Game Changer introduces new ways of working and new methodologies which can revolutionise business and transform the customer experience. Game Changers lead from the front and are often found driving new ideas forward and inspiring others to support and nurture their new vision. Finance Monthly is proud to recognise a group of true individuals who are at the very top of their game – the Game Changers…
Top 10 Winner
Female Future Leaders 2016
Deputy CEO, Mathilda Ström, was ranked #9 in Sweden's prestigious Female Future Leaders Poll.
Best training and eductaion initiative 2016
This title recognises BIMA for building the world’s largest force of dedicated microinsurance agents who have successfully brought the power of insurance to 24 million subscribers who have never had access to insurance before.
The Judging panel recognised that BIMA’s training program is the key to the success of its agent force, which is central to its business model.
Insurance Technology Firm of the Year (Sweden) 2016
The Finance Monthly Fintech Awards recognises the true innovators who help drive the Fintech sector forward and help make the sector what it is today.
The Fintech Awards acknowledge and reward the individuals, firms, start-ups and banks who are recognised as leaders and thought leaders in their area of expertise. Award nominations are open to those that devise and design new financial technology, those that implement systems, and those who adopt new systems and technology - which in turn enhances customer experience. In addition, key categories include; Payment Innovation, Customer Experience, Data, Trading, Cyber Security and Lending to name but a few.
Veckans Affäerer Supertalent 2016
BIMA CEO, Gustaf Argartson has been recognised in the Super Talent 101 by Sweden’s Veckans Affärer magzinie. Gustaf was ranked #1 in the Sustainability category for his role in growing BIMA into a leading player in innovation and inclusion.
DIGITAL INSURANCE AGENDA DIAMOND AWARD
This prestigious award is given to an InsureTech company with the greatest strategic impact as voted for by the industry. BIMA took home this award in acknowledgement of the proven success of their model which has revolutionised the insurance landscape in Emerging Markets.
GSMA Best mobile innovation for emerging markets (Asia)
This category recognises genuine innovation in mobile initiatives, programmes, products, apps, services and devices that are having a tangible effect on the inclusion, accessibility and vitality of emerging markets and their digital economies.
Mondato Africa Awards: Digital Finance and Social Impact 2015
The Mondato Awards were created to recognize excellence and innovation in Mobile Finance and Commerce and Digital Finance. The winners represent some of the most innovative solutions from emerging startups, as well as established companies paving new paths in the industry. BIMA was shortlisted for the strength of its operations across Africa and the transformational impact its products have delivered to over 5 million families in the region.
Asia Communication Award: Best Social Impact Initiative 2012
BIMA and partner Robi Axiata were also shortlisted for the Social Contribution Awar for their work in Bangladesh. The innovative mobile micorinsurance product, Robi Life Insurance is transforming the lives of low-income families.
GSMA Award: Best Product for Underserved Segments 2012
The GSMA’s Global Mobile Awards, are the industry’s leading stage for innovation, excellence and achievement. This category recognises innovation in mobile initiatives, programmes, products, apps, services and devices that are having a tangible effect on the inclusion, accessibility and vitality of emerging markets and their digital economies.
Private Equity Awards Africa: Best Portfolio Company 2014
The Private Equity Africa Awards celebrate the achievements in the market, focusing solely on the best-in-class achievements of investors and advisors in the industry.
Asia Communication Award: Best Emerging Market Initiative 2013
BIMA, together with partner Robi Axiata, was awarded the Best Emerging Market Initiative for its BIMA Life Insurance, product in Bangladesh. BIMA Life Insurance was recognised for its innovation as well as its impact on the underserved segment.
FT / IFC Transformational Business Awards 'Winner of Winners' 2014
BIMA took home the Award for Excellence in Transformational Business, what the FT/IFC called the ‘Winner of the Winners’ award.beating over 237 entries from 214 institutions around the globe.
The FT/IFC Transformational Business Awards, an expansion of the FT/IFC Sustainable Finance Awards, highlighted innovative, commercially viable, and replicable products and services that can create long-term, transformative solutions to development needs in areas such as infrastructure, energy, food and water, affordable housing and health. The awards also recognised the use of technology to empower the poor, initiatives to reverse environmental and social degradation, and efforts to promote gender diversity
FT & IFC Transformational Business Awards for ICT 2014
This award recognises ground-breaking transactions, programmes and initiatives that harness the power of ICT to address basic needs at the Base of the Pyramid (BOP) — the more than 4 billion people with income below $8 per day in purchasing power parity or who lack access to basic goods, services, livelihoods and income-generating opportunities — and have the potential to transform communities and their aspirations in the long term.
MasterCard Foundation Global Award for "Clients at the Centre' 2015
The award recognizes recognizes a single company that is truly pushing the boundaries of innovation and inclusion. BIMA was selected winner for its client centric approach, which has resulted in delivering impact on an unrivalled scale, reaching over 20 million customers across Africa, Asia and Latin America in just five years. The prize money of $150, 000 will be invested in further developing BIMA’s customer insight capabilities, positioning BIMA as the industry leader in client centricity.
Ann Miles, Director of Programs, Financial Inclusion & Youth Livelihoods at The MasterCard Foundation. “We’ve seen significant progress recently but the world can only achieve universal financial inclusion if financial service providers truly understand the unique context and needs of poor people. BIMA is doing just that and stands as a model of what can be done.”
Mondato Asia: Digital Finance and Social Impact Award 2015
The award recognizes BIMA’s success in the region, where it has used disruptive mobile technology to bring insurance to over 9 million people, up to 95% of who have previously been excluded from financial services. BIMA’s unique model demonstrates that it is possible to drive adoption of affordable microinsurance at scale.
African Business Awards: Insurance Company or Initiative of the year 2015
The award recognizes the impact that BIMA has had upon the insurance landscape in Africa, from pioneering the disruptive mobile-delivered insurance model to innovations in product and distribution that have opened up access to vital services on a scale never seen before.