Artificial intelligence supports a wide range of knowledge industries, enabling improved decision-making while boosting efficiency and productivity. With vast repositories of data and extensive risk modelling experience, insurers and reinsurers are well positioned to leverage AI to help detect, predict and mitigate risks – ideally before they materialise.
At Swiss Re, we are using AI to transform core insurance functions such as underwriting and claims, with a focus on unlocking the potential of unstructured data. Our technology teams have long recognised that building strong data foundations is essential to successfully scaling AI use cases for sustained long-term impact.
For AI initiatives to deliver on their promise, they must be informed by strong values, comply with regulatory and legal requirements, and build trust with key stakeholders. As a reliable risk partner for more than 160 years, Swiss Re is guided by the principles of Responsible AI, keeping humans central to decision-making as we pursue our purpose: making the world more resilient.
