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Swiss Re adopts Palantir AI for new strategy

AI from Palantir to drive Swiss Re’s data-led strategy.
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Swiss Re utilised its year-end management dialogue to signal that artificial intelligence now sits at the centre of its new “Built to Lead” strategy, with the group aiming to convert its extensive data holdings into actionable insights through a market-leading AI platform developed in collaboration with long-term partner Palantir.

swiss-re-logoThe firm said it already employs AI to augment day-to-day knowledge work, improve coding through AI-assisted tools, and support insurance-specific functions such as intelligent document processing.

But beyond 2025, Swiss Re plans to shift from incremental use cases to a more structural transformation, redesigning core processes and end-to-end workflows using agentic AI that blends predictive and generative capabilities.

The management dialogue presentation outlined a four-pillar framework that moves from data to decision-making.

As per Swiss Re, it begins with integrating structured and unstructured data through a modern architecture capable of handling large and diverse datasets.

Above this sits Swiss Re’s Palantir-powered platform, which brings together automation, ontologies, vector management, simulation, application building and central governance.

The firm has positioned it as the engine that enables business users to interact with models, orchestrate workflows and operationalise insights.

Driving adoption is also presented as critical, with Swiss Re aiming to build AI fluency across the organisation through targeted upskilling and structured change management, positioning operational decision-makers across underwriting, claims and other functions as the primary beneficiaries.

The firm stated that the platform will provide clearer insights, more consistent processes, and stronger analytical capabilities.

Swiss Re also highlighted the need for robust, cross-functional governance to manage model risks, ensure responsible deployment and maintain consistency as AI becomes embedded in day-to-day operations.

Alongside the technology push, Swiss Re reiterated that people and data remain its “most important assets” as it accelerates its transformation agenda.

The group said it is seeing strong internal momentum, with employee engagement above 80%, more than 70% of staff aligned with its target culture, and over 85% adopting new technologies, around 30 percentage points above the industry average.

Building on this foundation, Swiss Re noted it is strengthening technical capabilities through data-driven analytics and sharpening leadership skills in response to a more dynamic workforce environment.

“Our ambition is to make the world more resilient, be ready to advance our industry by shaping its future and creating lasting value,” the company concluded.

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