Swiss Re collaborates with Microsoft in insurance innovation push

Swiss Re has launched its Digital Market Center as part of the reinsurer’s “strategic alliance” with Microsoft. Aimed at further advancing insurance innovation and extending financial protection to more people globally, the partnership features the new center which will help develop what were described as “next-generation, large-scale” tools designed to transform the way risks are predicted and managed. Leveraging Swiss Re’s risk knowledge and Microsoft’s technological capabilities, the center will also focus on how the insurance industry creates tangible products.  In addition, the tie-up will see Swiss Re move its internal operating platform to the Azure cloud.