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Continuous innovation is one of the reasons why Swiss Re is one of the world leaders in reinsurance. People in Bratislava engage in a large number of these innovative initiatives. In the last month the company won four awards in Slovakia and in the CEE region. Currently, more than employees work in the Swiss Re office in Bratislava. Which of the overall Swiss Re portfolio operations and services are the Bratislava employees responsible for? Bratislava is the second largest site among the 26 countries in which we currently operate.
We co-design products and services for our customers around the globe but also provide a combination of analytical, operational and administrative services for three Business Units in Swiss Re — Reinsurance, Corporate Solutions and Life Capital. Within the last 13 years, Swiss Re Slovakia has experienced enormous development in both employee growth and role complexity. From a shared service center in into Swiss Re Slovakia today.
Swiss Re is a strong brand with more than a year history. How do you keep up with innovation all around — and what does it mean to you personally? It lies with people. The more freedom we give them, the more capacity and power to innovate we develop. What are some of the Swiss Re innovations that Bratislava employees have been involved in? One example of the client-facing solutions can be the parametric flight delay insurance.
It provides a fully automated service from price calculation to final claim settlement. The pricing model recalculating prediction for approximately 20 million flights every night was developed in cooperation between our data science hubs in Bratislava and Zurich. When it comes to internal services, we have implemented robotic solutions that enable us to automate repetitive work.