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​Swiss Re

Key facts

Cohort: 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+ 

Overview

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. 

Lab activity

Primary way aimed to improve insurance processes and tools whilst in the Accelerator: New sources of risk insight - data or models I 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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Learn about all our alumni who have take part in the Lloyd’s Lab Accelerator programme.