GENERAL INFORMATION ABOUT INNOVATION AWARD
- The PUMed organizes the Postal Innovation Contest to acknowledge the innovation efforts of its members and reward the most innovative proposal presented by one of its members.
- All active PUMed member countries are eligible to participate in EuroMed’s Postal Innovation Contest.
- Each PUMed member can submit one launched project in one of the categories which are Product innovation or Process innovation.
- Each PUMed member country can only submit 1 proposal for the EuroMed’s Postal Innovation Contest in one of the above-mentioned categories.
- At the closing of the submission process, the Secretariat shall officially announce the launching of the voting process to the PUMed members.
- The Secretary General shall propose on yearly basis a list of potential jury candidates to PUMed Board of Directors.
- The identity of the winner will be withheld until the PUMed Q4 event.
2022 INNOVATION AWARD
Last year winner is Spain, Correos with Supporting Rural Development.
- The target of Correos project is to develop circular, neutral and activist products that by promoting the local value, make life easier for people while taking care of the planet.
- 6,011 rural postmen equipped with new PDAs in 2021.
- More than 24,000 delivery staff with adapted PDAs in early 2023.
- ATMs installation in small towns and villages
2023 INNOVATION AWARD
2023 innovation award goes to Italy, Posteitaliane.
- The project objective is to promote economic, social and territorial cohesion in small municipalities and Italy’s inland areas, by contributing to their growth through a “Public Administration (PA) hub” easy to access and by means of the largest national co-working network.
- 250 Co-working Spaces serve the development of a national network for training and coworking. Innovative, capillary and easy to access to offer new working solutions and growth opportunities throughout the national territory.
- One place for all services to simplify citizens’ lives with access to services located in several locations and access to services from a single contact point.
2024 INNOVATION AWARD
Congratulation to Post Maroc (Morocco) for winning the innovation award for its project range of inclusive insurance products.
Highlighting range of micro-insurance products, providing an innovative response to the financial needs of beneficiaries facing unforeseen situations, such as the death of a loved one or hospitalization. This range of inclusive insurance products stands out for simplifying the claims process, tailored to the specific customs and practices of Moroccan society. It includes several insurances: the RAHMA Insurance to cover expenses related to the death of a loved one, the REDA Insurance that continues to provide assistance to parents in the event of a child’s death, the HIBA Insurance that offers support for children’s education in case of a parent’s death, and the SEHA Insurance to assist policy holders during hospitalization when there is a loss of income.
The range of inclusive insurance products offers numerous benefits for clients, the bank itself, and society. For clients, this range provides essential financial protection tailored to their specific needs, allowing them to cope with critical events such as the death of a loved one or hospitalization. Products like RAHMA Insurance and REDA Insurance guarantee quick access to funds in unforeseen circumstances, thereby reducing financial stress and promoting better management of family finances. For Al Barid Bank, the immediate payment of benefits, without lengthy procedures or delays, is a key commercial factor for this inclusive insurance, reinforcing Al Barid Bank’s commitment to the financial protection of its clients during difficult times.
Marketing this range represents a strategic opportunity to diversify its offerings, enabling the bank to attract a broader clientele, particularly populations often excluded from traditional insurance services. This strengthens customer loyalty and increases revenue from insurance premiums, while enhancing the bank’s image as a responsible player in the financial sector. On a societal level, these inclusive insurance products contribute to greater economic inclusion, providing coverage for vulnerable populations, which promotes financial security for families and helps them navigate difficult situations without resorting to over-indebtedness. By improving the well-being of individuals and families, this range supports the resilience of communities, thereby promoting a more supportive and equitable society and contributing to long-term economic and social stability.