Swiss Re, IBM to Host Hackathon for SMBs

Swiss Re Hackathon to enable SMBs assess their risk profile

Swiss Re, in partnership with IBM, plans to host India’s first innovation hackathon event exclusively for the reinsurance industry.

The two day event, scheduled on 30 – 31 January, 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.

An entry free competition, the hackathon is a team-based event. The participating teams will go through a shortlisting and selection process. Teams can register on the Swiss Re registration site and submit their idea, post which organizing team will notify the shortlisted entries. The last date for online registration is 20 January, 2016. The winners will be rewarded with exciting cash prizes and also be considered for an exciting career placement at Swiss Re Bangalore office.

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