Cohort: Cohort 8, 2022
Focus in insurance value chain/workflow: Point of Underwriting
Specific lines of business supported: Corporate
Founded: 1863
Status: Operating, still in insurance
Company type: Reinsurer, Insurer, Data Models, Data Provider
Head office: Europe
Main global offices: Switzerland
Locations served: Global
Employee count: 1001+
The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer. In 2023 the company launched Swiss Re Reinsurance Solutions, offering a range of services from bespoke consulting to software solutions and advanced data and insight capabilities.
Primary way aimed to improve insurance processes and tools whilst in the Accelerator: New sources of Risk Insight - data or models, Data, Product & Service Consolidator.
Swiss Re created a prototype of an Underwriting Data Platform targeting the initial problem of collecting ESG data on private companies and developing usable underwriting insights. The prototype uses three different data sources and collection methodologies in order to provide a more comprehensive view of ESG information than what is currently readily available. It returns raw data, and it allows users to combine it to create their own view of risk. The Lab also offered great visibility and access to Swiss Re’s newly created Reinsurance Solutions division.
"The Lloyd's Lab forced us to deliver at speed with a constant focus on clients' needs and feedback. It was an invaluable experience to bring an innovative idea from the concept to the prototype in a completely different environment and to quickly test commercial opportunities."Anna Bordon, Senior New Propositions and Partnerships Lead
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Swiss Re website 
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