Contributed on October 3, 2013

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BPM Summit 2013 – Session 6b – Business impact through technology & Big Data – Alok Kumar

Transcript

Business impact through
technology & big data
Case-study on portfolio visualization for better
underwriting decision making @ Swiss Re.
 Swiss Re – a brief introduction
 Case-study:
– Swiss Re Bangalore’s impact on business decision making through use of
technology & big data.
2
Agenda
 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!
3
Common business scenario
4
Developed a unique “GEO” platform using
big data & GIS technology
GEOSR NatCat
Insurance &
Economics
SR GeoData
Natural
Hazards
Recent
Events
Global Loss
Events
Demography
Proprietary data
3rd party data
Public information
5
Allowing portfolio visualization along with
key risk characteristics
6
Enabling business with smarter decision
making
Almost the only source of information for very local loss potential like wild fire in California.
7
Helping with alternative view of risk &
impact!
 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!
8
Key take-aways
Thank you