Enterprise Tech Ecosystem Series: Swiss Re

Enterprise Tech Ecosystem Series: Swiss Re

Summary

Swiss Re provides wholesale reinsurance, insurance, and risk transfer solutions. The company provides reinsurance products for casualty, property, aviation, agriculture, trade credit, surety, political risk, life and health, engineering, and marine. It offers commercial insurance solutions such as accident and health insurance, cyber insurance, financial and professional liability insurance, and property and business interruption insurance. Swiss Re also acquires and manages open and closed life and health insurance businesses. The company serves insurance companies, mid- to large-sized corporations, policyholders, and the public sector. It operates through a network of brokers and offices across the Americas, Asia, the Middle East and Africa, and Europe.

This report provides insight into Swiss Re's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budgets, and its major ICT contracts.

Scope

• Swiss Re is actively supporting insurtech startups across India and Europe, both by launching independent accelerator programs and by establishing partnerships with other accelerators. Swiss Re has so far accelerated more than 35 insurtech startups through accelerator programs.
• Swiss Re is tapping into the power of technologies including AI, blockchain, data analytics, machine learning, wearable tech, and big data to achieve operational efficiencies, as well as to improve its underwriting and claims management procedures.
• Swiss Re has been moving its traditional IT infrastructure to the cloud. It aims to take 95% of its legacy systems off-premises by 2020.

Reasons to Buy

• Learn about Swiss Re's fintech operations, including investments, product launches, partnerships, and acquisitions.
• Gain insight into its fintech strategies and innovation initiatives.
• Discover which technology themes are under the group's focus.