Swiss Re Ag · SIX:SREN
Swiss Re — Investor Presentation (July 2023)
26 slides from Swiss Re's investor presentation, July 2023
Slide 1: Ruschlikon Anniversary Event
Ruschlikon Anniversary Event
Slide 2: Founding members
Founding members 2
Slide 3: Celebrating 15 years around the globe
Celebrating 15 years around the globe Our digital journey continues Progressing together in standardisation, digitisation and automation 3
Slide 4: Agenda
Agenda 09.30 – 09.45 Welcome and opening remarks 09.45 – 10.30 Asia celebration and a reflection on 15 years of Ruschlikon 10.30 – 11.15 Keynote: Leadership in a Digital World Experience with Ruschlikon - What is needed for the long term 11.15 – 11.45 Coffee break 11.45 – 12.30 Keynote: The data ana
Slide 5: Nicola Parton, Nicole Kellenberger and other speakers
Nicola Parton Nicole Kellenberger COO P&C Re Global System & eAdmin Lead Swiss Re Swiss Re Theo Bachmann Stephan Lämmle Head UW Excellence Senior Consultant Swiss Re Munich Re 5
Slide 6: Steering Committee
Better information, higher efficiency, faster cash Our vision: Connect the (re)insurance industry using the ACORD Global Reinsurance and Large Commercial (GRLC) Standard Steering Committee ✓ Cost Reductions This means a common language✓ Increased Effectiveness processes in and compatible ✓ Process A
Slide 7: Key benefits along the digital journey
Key benefits along the digital journey • Streamlined operations – fewer queries • Supports Solvency II and regulatory • Effective industry collaboration requirements • Enables faster cycle times • Consistent cross referencing Standardisation • Improved cash flow • Basis for system integrations • Aut
Slide 8: Why the Ruschlikon initiatives matter for the (re)insurance industry
Why the Ruschlikon initiatives matter for the (re)insurance industry Significant changes over the last 5 Changing demographics Evolving technology Evolving work practice years Resulting in changes for Change in nature of insurance products, services and risks the (Re)insurance industry Still lagging
Slide 9: Ruschlikon and ACORD – 15 years of collaboration
Ruschlikon and ACORD – 15 years of collaboration 2013 Implementation of eMessaging capabilities that allow fully-automated processing and validation of eMessages 2021 Blueprint Two committing to use Ruschlikon / 2008 ACORD standards 2019 Formal launch of Formal launch of Ruschlikon ePlacing Ruschlik
Slide 10: Ruschlikon Message Volumes 2017 - 2022
Ruschlikon Message Volumes 2017 - 2022 8’540’081 9000000 7’695’742 8000000 7000000 5’474’165 6000000 5000000 3’769’763 4’420’674 x 4.75 4000000 Message volume 3000000 almost quintupled 1’798’002 2000000 since 2017 1000000 0 2017 2018 2019 2020 2021 2022 Check out the Ruschlikon Adoption Directory (R
Slide 11: Ruschlikon Regional highlights @ 15th June 2023
Ruschlikon Regional highlights @ 15th June 2023 North America (RNAIG) Series of educational sessions. Target audience: new RNAIG members. RNAIG community supporting implementations of additional entities/partners UK (RUKIG) Spain (RIGS) • RUKIG Marketing strategy 2023 defined and under execution. •
Slide 12: Ruschlikon Structure / Organisation
Ruschlikon Structure / Organisation Ruschlikon Initiative Industry Group SteerCo SteerCo eAccounting ePlacing* & Claims Marketing group Business Implementation Groups (BIG) coordination & organisation Technical standards, ePlacing* eAccounting & Claims ACORD Tech Providers Regional Implementation Gr
Slide 13: Ruschlikon ePlacing – Context in the end-to-end value chain
Ruschlikon ePlacing – Context in the end-to-end value chain Overall Ruschlikon mission Reshaping the (re)insurance industry, through the design and implementation of processes that reduce operational cost and enhance client service. Ruschlikon ePlacing ePlacing Post-Placement eAccounting and Claims
Slide 14: Industry partners currently testing Ruschlikon ePlacing
Industry partners currently testing Ruschlikon ePlacing Brokers Reinsurers Submission Quote Request Line Request Signed Line Advice Quote Line Response By June 2023 over 200 test messages exchanged www.ruschlikon.com 14
Slide 15: Stephan Laemmle’s first 100 days as chair ePlacing BIG
Stephan Laemmle’s first 100 days as chair ePlacing BIG Project assignment of the ePlacing BIG Motivation to join the ePlacing community and/or the ePBIG development of • Standardise the generic data attributes used in the various phases of placing Implementation Standards • Agree and formalise proce
Slide 16: Achievements and outlook ePlacing
Achievements and outlook ePlacing 2023 • Post-Placement (PPM) implementation guide published • Kicked-off activities for facultative & large commercial insurance messaging 2022 • Best practice guides v 1.2 for reinsurance treaty published • ACORD test harness opened 2019 2024+ • Official kick off •
Slide 17: The data analytics journey at Munich Re
The data analytics journey at Munich Re Keynote Fabian Winter, Group Chief Data Officer Munich Re 17
Slide 18: Digitisation and automation
Digitisation and automation Experience sharing across industries Panel discussion 18
Slide 19: Panel discussion speakers
Sabrina Storck Louise Day Chief Operation Officer Chief Operating Officer SAP Switzerland IUA Fabian Winter Patrick Vogler Group Chief Data Officer Former CEO Grand Hotel Bad Munich Re Ragaz Ltd., Board Member Biolytica Ltd 19
Slide 20: Europe/America celebration and outlook
Europe/America celebration and outlook 20
Slide 21: Key take aways Zurich session
Key take aways Zurich session Community spirit Leadership in a Tools, people, Experience sharing digital world (data) standards across industries www.ruschlikon.com 21
Slide 22: Ruschlikon certificates
@ Swiss Re Ruschliken wom CORD Ruschlikon certificates
Slide 23: Ruschlikon 2025 – Why it is important
Ruschlikon 2025 – Why it is important Adopt to future needs Grow the community Digital companies perform better / change to the workforce www.ruschlikon.com 23
Slide 24: Ruschlikon 2025 – How will we be successful
Ruschlikon 2025 – How will we be successful Leverage business strategies & eco-systems Collaborate across the industry One process for London and international business www.ruschlikon.com 24
Slide 25: Ruschlikon 2025 – What needs to be tackled
Ruschlikon 2025 – What needs to be tackled Deeper integration of standards across the value chain in our ecosystem Encourage clients and suppliers to shift to a digital model Ensure holistic understanding of the benefits within your own corporation www.ruschlikon.com 25
Slide 26: Legal notice
Legal notice ©2023 Swiss Re. All rights reserved. You may use this presentation for private or internal purposes but note that any copyright or other proprietary notices must not be removed. You are not permitted to create any modifications or derivative works of this presentation, or to use it for