Swiss Re Corporate Solutions appraised as a 5-Star Insurance Innovator

SINGAPORE - Nov. 26, 2021 - PRLog -- Swiss Re Corporate Solutions has achieved a 5-Star rating from Insurance Business Asia in this year's 5-Star Insurance Innovators awards.

"In a year of unprecedented change around the world, the insurance industry has been hard at work developing a slew of new innovations. From insurance products focused on airline bookings to AI-based underwriting capabilities and the use of drones to assess property damage, compa­nies across the industry have risen to the challenge of finding new ways to do business," says the Insurance Business Asia team.

"Starting in July, IB Asia invited insurers, brokerages, and service providers across the region to submit a nomination, detailing the steps they've taken to introduce new innovations to the insurance industry. Companies were encouraged to focus on initiatives introduced and results achieved in 2020. The 24 companies that made Insurance Business Asia's inaugural 5-Star Insurance Innovators list have all acknowledged the difficulties facing the insurance industry and created new ways to overcome them, often building their business as a result."

Swiss Re Corporate Solutions provides risk transfer solutions to large and mid-sized corporations around the world. Its innovative, highly customised products and standard insur­ance covers help to make businesses more resilient, while its industry-leading claims service provides additional peace of mind. Swiss Re Corporate Solutions serves clients from offices worldwide and is backed by the financial strength of the Swiss Re Group.

Swiss Re Corporate Solutions has stayed true to its mission of making the world more resilient with the launch of its Climate Risk Solutions for Corporates (CRS) service. CRS effectively addresses growing client demand to perform climate reporting, gain clarity over longer-term business strategy and tackle broader risk management concerns. The solution was developed in a lean and agile manner, leveraging a wide range of existing capabilities, from climate hazard expertise and industry knowl­edge to software developers, across the broader Swiss Re group. Partnership with clients further helped to ensure that Swiss Re's CRS service is fit for purpose.

To view the full report and to find out more about Swiss Re click HERE (https://www.insurancebusinessmag.com/asia/best-insurance/...).

-ENDS-

Insurance Business is the leading independent business magazine and website for insurance brokers and advice professionals. A key business resource, Insurance Business provides daily breaking news, cutting-edge opinion and in-depth analysis affecting the industry. Insurance Business also offers a series of industry reports that recognize the achievements of key individuals and businesses as well as providing the latest in business best practice in a continually evolving industry. Part of the global Insurance Business suite of publications, IB reaches a wide readership in Australia, New Zealand, Asia, USA, Canada and UK.