Business impact through technology & big dataCase-study on portfolio visualization for better underwriting decision making @ Swiss Re.
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Swiss Re – a brief introduction
Case-study: – Swiss Re Bangalore's impact on business decision making through use
of technology & big data.
Agenda
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Giga-bytes of client data; global locations Business need: to properly quantify risks & take decisions on risks we are
taking, mostly by people sitting far away for locations of risks!
Common business scenario
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Developed a unique "GEO" platform using big data & GIS technology
GEO
SR NatCat
Insurance &
Economics
SR GeoData
Natural Hazards
Recent Events
Global Loss
Events
Demography
Proprietary data
3rd party data
Public information
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Allowing portfolio visualization along with key risk characteristics
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Enabling business with smarter decision makingAlmost the only source of information for very local loss potential like wild fire in California.
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Helping with alternative view of risk & impact!
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Domain knowledge combined with technology & big data is already making a big impact.
Focus on solution based approach with an ambition to move up the value chain.
Its not always about scale!
Key take-aways
Thank you