BPM Summit 2013 – Session 6b – Business impact through technology & Big Data – Alok Kumar
Business impact through
technology & big data
Case-study on portfolio visualization for better
underwriting decision making @ Swiss Re.
Swiss Re – a brief introduction
– Swiss Re Bangalore’s impact on business decision making through use of
technology & big data.
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
Developed a unique “GEO” platform using
big data & GIS technology
3rd party data
Allowing portfolio visualization along with
key risk characteristics
Enabling business with smarter decision
Almost the only source of information for very local loss potential like wild fire in California.
Helping with alternative view of risk &
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
Its not always about scale!