P&C Analytics – Translating data into insights
Plug and play analytics solutions and bespoke risk consulting services to help power your business with data-driven insights
92% of P&C insurers expect big data to generate significant improvements in their pricing, client experience, underwriting as well as claims management in the coming years. By 2025, worldwide data will grow by 27% from today’s levels to 175 zettabytes, a third of which will be real-time (see sigma 4/2019: Advanced analytics). Much of this digital data will be generated automatically, inexpensively and non-intrusively. Being able to access relevant data and to translate it into actionable insights in a timely manner has become highly relevant for business success.
WHAT WE DO Delivering data-driven insights that inspire business growth
With Swiss Re's more than 150 years of risk expertise, one of the largest risk and insurance data pools and proprietary models, Swiss Re P&C Analytics is your one-stop solution to help accelerate growth, optimise your portfolio, improve efficiency and increase customer engagement. Whatever your business needs are, we’ve got solutions that are designed to integrate into your existing ecosystem to power your decision-making with data-driven insights:
- With our plug and play applications and APIs, we harness data, technology, advanced analytics and risk expertise to help you quickly build your analytics capabilities.
- With our Risk Consulting services, we also offer a broad range of bespoke analytical tools and methods for more precise pricing, market growth strategies and assessment of your risk exposure.
Your one-stop-shop for risk insights – Swiss Re Impact+
Our analytics applications run on Impact+, our plug-and-play platform that is designed to provide a coherent, intuitive and smooth user experience. The platform gives access to one of the largest risk and insurance data pools worldwide and helps to translate data into powerful risk insights.
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Swiss Re Impact+ gives our clients access to an extensive insurance-relevant data landscape, composed of more than 200 individual data-sets, coupled with Swiss Re's risk expertise, risk models and advanced analytics, all in one place.
CEO Reinsurance Solutions
Impact+ hosts a wide range of analytics applications
Insights of our solutions property and casualty.
Portfolio insights
Insurers often carry underperforming portfolios where root causes of poor profitability and high volatility are unknown. Leveraging analytics can help investigate trends in underlying loss drivers, while data enrichment using external data can help refine segmentation and underwriting strategy. Our Portfolio Insights analytics application provides you with intuitive data representation and analytics power to assist in highlighting accumulation risk in your insurance portfolio.
Find out more about our Portfolio Insights solution.
Property Insights
We used our extensive risk experience and data to build a predictive model enabling property insurers to better understand property risk exposure based on non-traditional data sources and identify segments for profitable growth. Property Insights facilitate comprehensive portfolio analysis, market benchmarking and a detailed assessment of the concentration of an insurer's property risk.
Find out more about our Property Insights solution.
Commercial Insurance Insights
The global commercial insurance market has faced challenges over the last few years. These challenges have, however, come with ample opportunities to demonstrate the benefits of strong risk management and market insights. Pricing in the commercial insurance markets will likely continue to harden. Global insurance premiums are estimated to grow by more than 6% as the global economy has bounced back. With us you can be helped to navigate the fast-growing commercial insurance market with ease and identify growth potential that is line with your risk appetite. Swiss Re can accelerate the collection, integration, and analysis of real-time, location-based risk data and then process actionable information for Sales, Business Development, Underwriting and Risk Management review.
Find out more about our Commercial Insights solution.
Motor Insights
Our easy-to-use Motor Insights solution enhances your motor underwriting processes and helps you develop highly granular pricing. It facilitates effective business development by identifying the most attractive growth segments and retaining the best performing groups.
Find out more about our Motor Insights solution.
case studies Helping our clients achieve success
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It was very useful and fruitful collaboration working with Swiss Re on their go-to-market strategic consulting. They provided useful industry insights to help us understand our market potential and risk exposures in different industry segments. The team was very client focused and tailored their findings to align with our own distribution channels and customer strategies.
Chief Technical Underwriter, Aviva Canada
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Aurora augments the understanding of risk exposure by providing data enrichment and insight for the benefit of all stakeholders within the value chain. This partnership supports our ultimate aim of understanding the fair price of risk transfer, in its most granular form, for any SME risk profile.
Co-Founder and CEO of Aurora
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The collaboration with Swiss Re will allow us to double down on why we do what we do: reduce accidents, keep our roads safe and help save lives. In the evolving auto insurance industry, using technology and data to ensure and 'insure' our customers with added support will always remain a top priority on our agenda. We look forward to expanding our valued relationship with Swiss Re in this area.
CEO of Cover Whale
GET IN TOUCH Let's discuss how we can work together to boost your data and analytics
Arnold Löw
Rahul Phondke
