Swiss Re, in partnership with IBM, have announced its plan
to host India’s first innovation hackathon event exclusively for the
reinsurance industry. The two day event, scheduled on January 30-31, 2016 at
Workbench Projects, Bangalore, aims to provide participants with an opportunity
to develop user-based apps, utilizing data science, and harnessing cognitive
technology from IBM Bluemix suite to address the growing needs of the insurance
industry.
Themed "My Personal Risk Advisor", the purpose
of the challenge is to enable individuals or small business owners to assess
their total risk profile and learn about various product offerings. The
hackathon is open to students and developer community – all those who aspire to
design technology and aims to encourage developers to create innovative
applications that can be integrated with digital solutions.
“The world, today, is rapidly changing and to keep pace
with the risk landscape, we need to continually innovate around how we offer
risk protection products,” said Alok Kumar, Managing Director, Swiss Re
Bangalore. “Through this hackathon, we are creating an innovation platform that
reinforces our long-standing commitment to bring out new and improved solutions
that directly addresses real-world business challenges for the insurance
industry,” he added.
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