Swiss Re is a leading and highly diversified global reinsurer, a pioneer in insurance-based capital market solutions that combine financial strength and unparalleled expertise for the benefit of global clients. Founded in 1863, the company has 150 years of experience in providing wholesale reinsurance and risk-management solutions, delivering both traditional and innovative offerings in property and casualty and life and health that meet clients’ needs. Swiss Re is the second-largest insurer/reinsurer in the world and has attained high grades from ratings agencies—such as the A1 rating granted by Moody’s.
In 2002, Swiss Re established a data warehouse for its client markets and products to gather reinsurance information across all organizational units into an integrated structure. The data warehouse provided the basis for reporting at the group level with drill-down capability to individual contracts, while facilitating application integration and data exchange by using common data standards. Initially focusing on property and casualty reinsurance information only, it now includes life and health reinsurance, insurance, and nonlife insurance information.
“We were operating a complete Oracle stack, including servers, storage area network, operating systems, and databases that was well optimized and delivered very good performance over an extended period of time. When a hardware replacement was scheduled for 2012, Oracle Exadata was a natural choice—and the performance increase was impressive. It enabled us to deliver analytics to our internal customers faster, without hiring more IT staff,” said Dr. Stephan Gutzwiller, head of data warehouse services, Swiss Re.