Swiss Re Ag · SIX:SREN
Swiss Re — KBW European Insurance Technology Conference 2016
12 slides from Swiss Re's conference presentation, Mar 3, 2016
Slide 1: Digital analytics and the impact of technology
Digital analytics and the impact of technology Daniel Ryan, Head R&D – Life & Health and Big Data KBW European Insurance Technology Conference, London, 3 March 2016
Slide 2: Swiss Re Group at a glance
Swiss Re Group at a glance Swiss Re is a leading and highly diversified global reinsurer, founded in Zurich (Switzerland) in 1863 The Group offers traditional reinsurance products and related services for property and casualty, as well as for life and health businesses The Group also offers commerci
Slide 3: Swiss Re adopts smart analytics and cognitive computing to further extend its competitive positioning
Swiss Re adopts smart analytics and cognitive computing to further extend its competitive positioning… Selected examples from over 200 delivered cases Transparent For China, we have built a sophisticated model predicting motor motor China accident frequencies leveraging a wide range of data sources
Slide 4: …and builds smart analytics capabilities globally at scale
…and builds smart analytics capabilities globally at scale Zurich Bratislava & Folkestone Hub EMEA & global centre Operations & engineering End-to-end smart analytics Smart analytics IT service services operations Armonk & Kansas Hub Americas End-to-end smart analytics services Bangalore Singapore R
Slide 5: Global motor risk map – Market Risk Estimation Globally
Global motor risk map – Market Risk Estimation Globally • As the Chinese regulator removed the motor tariff in August 2014, Swiss Re's Chinese clients now need to develop more sophisticated pricing, risk and strategy models • This is especially challenging for R&N clients who have difficulties copin
Slide 6: From global motor risk map to "insurance" severity
From global motor risk map to “insurance” severity • The success of the usage of non- insurance data in order to get an independent view of the market risk for frequency motor accidents indicated that this could be done for severity too Number of Number of Property Deaths Injured Damage • Swiss Re d
Slide 7: Swiss Re & IBM Watson Centre of Competence in Cognitive Computing
Swiss Re & IBM Watson Centre of Competence in Cognitive Computing KBW European Insurance Technology | Daniel Ryan | 3 March 2016 7
Slide 8: Swiss Re Centre of Competence in C2 Watson Treaty Intelligence
Swiss Re Centre of Competence in C2 Watson Treaty Intelligence A global treaty application, that provides search and insights on the entire Swiss Re treaty portfolio, and which integrates our Contract Intelligence index KBW European Insurance Technology | Daniel Ryan | 3 March 2016 8
Slide 9: Technology transforming our understanding of health
Technology transforming our understanding of health Next generations of wearable devices Sophisticated, easy to use, Complex stationary medical Simple portable medical Simple wearable wearable, accurate, motion monitors monitors consumer monitors tolerant multiple vital signs monitor Full range of v
Slide 10: Technology transforming our understanding of behaviour
Technology transforming our understanding of behaviour Social physics & Living Labs • How flow of ideas and information translates into changes in behaviour • Promoting the development and sharing of social interactions from Living Labs Source: Big Data comes to the Office, The New Yorker Source: 20
Slide 11: Behavioural research @ Swiss Re
Behavioural research @ Swiss Re Interventions at every stage on the customer journey Underwriting Claims Agents Sales Retention How to How to How to nudge How to How to encourage increase brokers increase improve more accuracy & (sales, interest and lapse/renewal accurate speed in the product, take-
Slide 12: Cautionary note on forward-looking statements
Cautionary note on forward-looking statements Certain statements and illustrations contained herein are forward-looking. These statements (including as to plans objectives, targets and trends) and illustrations provide current expectations of future events based on certain assumptions and include an
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