AI and insurance companies: From hype to reality
How are Swiss insurance companies using artificial intelligence in practice? What cost savings are realistic? And how do you strike the right balance between digital innovation and personal advice?
Insurance
The insurance industry faces a changing environment in an increasingly complex economic and financial context. Regulatory and tax changes, the increase in catastrophic claims, shrinking margins and competition are all demanding major changes that the insurance sector must address. Similarly, the globalisation of the market, emerging needs or new technologies are all challenges for insurance companies.
Due to our size and specialisation, we are able to provide individual advice to our clients from the insurance industry through our experienced teams, most of whom work exclusively in this field, with a high degree of continuity, commitment and professional responsibility.
ISA / SO revision: Forvis Mazars health check
The revised Insurance Supervision Act (ISA) and Supervision Ordinance (SO) entered into force on 1 January 2024. The changes should therefore already have been implemented by this date (a few transitional periods are provided for). Have you already sufficiently addressed and implemented the focus topics in your company? Our Compliance health check provides you with valuable insights into the implementation...
Survey | Internal control system at Swiss insurers
Mazars and the Zurich University of Applied Sciences (ZHAW) have investigated the maturity of the internal control system (ICS) at Swiss insurers.
Survey: Maturity of compliance management systems
In cooperation with the Zurich University of Applied Sciences (ZHAW), Mazars conducted a survey in 2021/2022 regarding the maturity of compliance management systems at Swiss insurance companies.
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