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Some real-world examples

These and many more references fill us with pride! Customer testimonials are the real proof of our customer centric approach, our experience and our expertise. This is what we work for, day in, day out: building long-lasting relationships with satisfied customers and go far beyond the ordinary.

By using Azure Platform-as-a-Service and relying on best practices we can easily translate this innovative insurance microservice to other scenarios and deploy it worldwide, using parametric insurance models and the power of the cloud.

Alan Wales, Senior Solution Architect for Property and Casualty, Swiss Re

Swiss Re

Founded in 1863, with offices in more than 25 countries and a revenue of US$ 33 billion in 2016, the Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing directly and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations and public sector clients.

http://www.swissre.com/

PROJECT

In recent years Swiss Re has looked for ways to diversify its offerings. As Swiss Re has a strategic partnership with FlightStats, a global provider of real-time flight data, this seemed like a good place to start.

A new offering was built on a fully automated digital insurance platform. Passengers can now purchase a flight and an inexpensive insurance at the same time. If the flight is delayed, cancelled, or diverted, the insured is automatically compensated, often within the hour in contrary to the classic insurance procedure where passengers need to file a claim to be compensated. 

Swiss Re opted for Microsoft and its Azure platform as-a-service (PaaS) to guarantee the realization.

DOWNLOADS

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