Open named 'Champion' at 2024 Pause Awards, taking home three major awards
9 December 2024 — Sydney, Australia — Open, a leader in innovative insurtech solutions, has been recognised as a standout winner at the 7th annual Pause Awards, celebrating Australia’s boldest innovators and entrepreneurial breakthroughs. Open received three prestigious awards and was named as a ‘Champion’ and ‘Best in Growth’ overall, cementing its position as a driving force in reshaping the insurance industry.
The Pause Awards spotlight the nation’s most ambitious and impactful companies, and this year, Open’s accomplishments earned them recognition across three key categories:
- Defiant Ones – Recognising Open’s bold approach to innovation and its commitment to challenging the status quo in insurance.
- Collab – Highlighting Open’s seamless partnership with Bupa Australia, where Open’s innovative solutions transformed Bupa’s general insurance offerings, establishing Open as Bupa’s largest portfolio partner.
- Next Level – Celebrating Open’s ability to redefine what’s possible in the world of insurtech, pushing boundaries and delivering exceptional outcomes for customers and partners.
George Hedon, Founder and CEO of Pause Awards, praised the calibre of winners this year:
“Amidst funding challenges and the rapid rise of AI, this year’s winners have demonstrated a relentless focus on customer needs, proving that great ideas can break through adversity. Open exemplifies the forward-thinking ambition that defines success in today’s rapidly evolving business landscape.”
Open’s Co-CEO Jonathan Buck reflected on the achievement:
“This recognition is a testament to the incredible work of our team, our innovative partnerships, and the trust our customers place in us. Winning three awards at the Pause Awards validates our mission to make insurance effortless and empowers us to keep pushing boundaries in insurtech.”
A milestone for Open and insurtech innovation
The Pause Awards are a benchmark for Australian business excellence. Among 34 winners from 29 finalists, Open stood out as one of the top 10 champions defining this year’s awards. This milestone reflects not only Open’s growth but also its dedication to delivering meaningful impact through innovation.
About Pause Awards
Australia's benchmark for business excellence, the Pause Awards recognise and celebrate the most ambitious and effective companies and individuals in the country. Established in 2018, the awards showcase trailblazers who are shaping the future of business and creativity in Australia. With rigorous evaluation by over 40 independent industry experts, the Pause Awards continue to celebrate genuine innovation and redefine success in the Australian business ecosystem.
For more information, visit https://www.pauseawards.com/winners/open-insurance/
