Swiss Re CEO Says AI Is Core to Group Strategy as Demand Grows
Swiss Re’s CEO, Andreas Berger, says rising insurance and reinsurance demand is increasing the need for both risk transfer and risk expertise, with AI positioned as a core group strategy. The firm applies data-driven rules and AI-enabled workflows to issue local policies faster than five days versus a 45-day industry average, aiming for greater consistency. Berger says over 80% of employees feel confident using the tools and about 14,000 of 15,000 work on a global data and technology platform.