Zurich Insurance Group

Client Story

Zurich Insurance's Investment Management transforms data management with SimCorp

Zurich Insurance Group’s Investment Management unit, recognized the need to optimize their approach to managing market and reference data. With a complex, on-premise setup hindering efficiency, they turned to SimCorp to streamline operations and empower their team to focus on strategic initiatives.

In this video, Ruchir Verma, who leads the back office operations for Group Investment Management, shares how SimCorp enabled Zurich Insurance to simplify their internal processes and redirect resources to high-value tasks.

We see that the outcome of working with a trusted vendor means that we can relax a little bit. We don't have to double check all the answers, all the outcomes. So the team is quite relaxed and the quality has gone up
Ruchir Verma
Head of Global Services, Investment Management, Zurich Insurance

With SimCorp we can now focus on business interpretation of changes and the outcome that we receive from the vendor
Ruchir Verma
Head of Global Services, Investment Management, Zurich Insurance

The first and foremost impact was simplification of our internal teams. These highly valued resources were tied up doing tasks that were manual and repetitive. These tasks went away, which means we had capacity to do something good. That capacity meant we upskilled our people, we deployed them on higher value tasks such as analytics and reporting
Ruchir Verma
Head of Global Services, Investment Management, Zurich Insurance

Quick Facts
AUM: USD 170 billion (as of end 2023)
Headquarters: Zürich, Switzerland
Employees: 60,000
Website: https://www.zurich.com/

About Zurich Insurance Group
Zurich is a leading multi-line insurer serving people and businesses in more than 200 countries and territories. Founded 150 years ago, Zurich is transforming insurance. In addition to providing insurance protection, Zurich is increasingly offering prevention services such as those that promote wellbeing and enhance climate resilience.