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Data + AI World Tour Munich

Thank you for a great Data + AI World Tour - we look forward to seeing you next year! If you missed the event, you can attend our virtual event on 12 December.

07 November 2024 | Eisbach Studios

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Databricks in Insurance (Non-Life Reserving) @ Helvetia: From Legacy to Leading Edge

This talk will explore Helvetia's exciting migration journey of its non-life reserving process from a fragmented legacy system to a cutting-edge, streamlined environment using Databricks. This transformation is driven by the challenges of efficiency, scalability, maintainability, and long-term auditability that arose after modifying the former IFRS 4 file-based workflow architecture to meet new IFRS 17 requirements.

The discussion will cover how a range of Databricks features is utilized to enhance workflows, from standard Notebook jobs to SQL Warehouses and Databricks Connect for PowerBI and Plotly Dash integration. Among other things, the new productive solution has already accelerated Helvetia’s closing timeline by improving data processing and visualization capabilities and has therefore been well-received by end-users. As such, Helvetia's transformation journey to a cutting-edge non-life reserving system is well under way.

  • Thursday, Nov 72:40 PM - 3:00 PM CET
    Studio 2
Type: Breakout
Track: Data Warehousing, Analytics and BI
Level: Beginner
Industry: Financial Services
Technologies: SQL Analytics / BI / Visualizations

Speakers

Matthias Koch

Teamlead Group Actuarial Non-Life Processes and Systems, Helvetia Versicherung

Dr. Alexander Fulst

Senior Consultant, synvert

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