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"Zurich Uses External Lidar Data To Deliver More Transparent Policy Pricing And Meaningful Underwriting Insights"

Zurich Insurance uses Snowflake's AI Data Cloud to process 300 billion UK lidar data points, improving risk assessment & pricing transparency. With Snowpark's Python, Zurich develops algorithms that turn data into insights, automating underwriting & ensuring fair pricing. Discover how this saves time and enhances customer experiences.

Zurich Insurance Group used Snowflake's AI Data Cloud to convert UK government lidar data into insights for underwriting. Processing 300 billion data points across 10 TB in 100 hours, Zurich achieved:

• Improved risk assessment for buildings, including precise height and environmental risks
• Transparent, fair pricing for customers
• Streamlined underwriting, replacing manual assessments with instant data access
• Ability to attract new customers with accurate risk classification

Access this case study to discover how similar data transformation can revolutionize insurance underwriting.

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