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Oct 2015 Swiss Re and IBM Watson are working together to make the best use of big data in the reinsurance sector. The Swiss reinsurer has announced that it will now use the cognitive abilities of the Watson program designed by the American company IBM. With Watson, Swiss Re aims to improve the calculation of price risk and facilitate decision making.
According to the leaders of the two companies involved, this collaboration is only the first step in a series of projects that should lead to the development of solutions for the entire industry.