Digital business model & client impact
Digital technology has fuelled accelerating shifts in consumer demand and mounting competition from InsurTech players. In the face of so many disruptive forces, it’s important to see the huge opportunities they offer for insurers. Our client impact and business model competencies help you truly differentiate! The services include: digital strategy, from payer to risk solution provider, client centricity, client insights & targeted sales, digital customer experience, innovation & InsurTechs
In times of difficult markets, optimised, effective operations become a true competitive advantage: Not only can we help you establish a clear vision and tangible targets, we also have the right expertise and technologies at hand when it comes to implementation! Our services include: target operating model, operational excellence & process automation, operations performance & compliance, organisational structure, outsourcing, location footprint management & offshoring, admin cost management, information management, enterprise architecture
Transform with excellence and reap the benefits of your investments! PwC is your reliable partner for achieving precisely that! Our services include: IT transformation, post-merger integration, smart cost reduction, organisation restructuring, efficient and effective PPM, IT implementation (partnering with Guidewire, Salesfore, MS Dynamics, SAP, Tagetik and other leading software providers) and change management
PwC helps insurers to prepare themselves for the new IFRS insurance standard (IFRS 17) in order to meet the new requirements. We are able to support you during all phases of the implementation.
Risk & Regulation
The insurance industry continues to face a myriad of challenges both at the macro-economic and micro-prudential level, exacerbated by a plethora of new regulatory pressures.
The key challenge is how to incorporate these regulatory demands into each organisation and how to use the change process as a platform for improving governance, decision-making and ultimately adding value to the business.
PwC’s Insurance Risk and Regulatory team can help you along this journey whether it is dealing with ongoing regulatory changes and their implications or a need to get more added value out of the business from the Compliance, Risk and Regulatory functions.
Digitalisation and globalisation are making markets increasingly complex. This also increases the risk potential for organisations, because high complexity also makes it more difficult to keep track of everything. That's why effective risk management is now more important than ever, because you can only avoid the risks you can identify.
This requires a clear and unbiased picture of all the critical areas of your business – which is what PwC Risk Assurance can offer. We have the necessary experience and expertise for effective risk consultancy. So we can help you to establish company processes which are as reliable and low-risk as possible.
The 1,100 professionals on PwC's global actuarial services team help clients act decisively on their most important issues. We apply our risk and analytical skills to turn complex data into the predictive insights that inform practical business solutions.
Our Swiss practice consists of over 25 actuaries with capabilities in modelling and data analytics to better enable you to understand of your business and implications of your decisions. We have effective solutions developed for life, non-life and health insurer, reinsurance companies as well as regulators, captives, banks and agents and brokers. Our team works both with domestic as well as international companies.
Our Swiss practice is part of the innovative PwC Digital Services. Together we can provide insights and solutions for adapting to new technologies and how they could affect your business.
Helping you navigate regulatory complexity and strengthen trust and transparency
It’s hard to know how to steer your business with the pace and turbulence of shifting regulations, technology and competition. We can help you deliver a clear path to value through improved transparency with stakeholders, confidently protecting and reporting on information for your business. We bring new perspectives, harnessing specialised knowledge of your business, the insurance market and regulations to deliver deeper insights and advice across your organisation.
Our experience from a local and international tax perspective shows that global operations of insurance and reinsurance companies spanning multiple tax jurisdictions can increase the group’s tax exposure and ultimately its tax risk. This is particularly true these days where several tax systems undergo fundamental changes and where international tax transparency is high on the agenda everywhere. Hence, it is crucial that the resulting tax risks are properly and pro-actively managed. We have highly qualified resources and our team offers consistent and outstanding high-quality service.
A successful acquisition demands an effective strategy and a suitable takeover target. PwC’s expertise can guide you through the transaction process, and thanks to our global network, we will also be able to identify a number of potential acquisition targets. We can review and evaluate these and present the results for your consideration. This will leave you free to focus on your business in the meantime.