Not if, but how
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#MRDataThon - A DataThon by Munich Re
Munich, Nov 17 - 19, 2017
About Munich Re
Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The corporate group consists of the reinsurance and ERGO business segments, together with the capital investment company, MEAG. The Group operates in all lines of insurance. Ever since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its particularly sound financial position. It also offers its clients financial protection when faced with extraordinarily high levels of damage – from the 1906 earthquake in San Francisco right through to the series of Atlantic hurricanes that occurred in 2017. Munich Re possesses outstanding innovative strength, which enables it to also provide cover for extraordinary risks such as rocket launches, renewable energies, cyber attacks or pandemics. The company is playing a key role in driving forward the digital transformation within its industry and in doing so is increasing its ability to assess risks and expanding upon the range of services that it offers. Its tailor-made solutions and close proximity to its clients make Munich Re one of the world’s most sought-after risk partners for the economy, institutions and private individuals.

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#MRDataThon - A DataThon by Munich Re

      

Data and young talent – Inaugural Datathon held at Munich Re

43 data scientists from around the world, 8 teams, 48 hours, and 1 challenge: to immerse yourself in the Munich Re data lake and assess hurricane risks in the North Atlantic. This was the first Datathon at Munich Re – an unusual kind of challenge.

The teams made use of the creative environment in the Munich Re LAB and the data lake information, and showed a huge amount of team spirit as they worked with the analysis tools and strategies to solve the task at hand. At the end of the event, the eight teams presented their solutions and analysis strategies to a panel of experts and demonstrated strong skills in handling data and addressing complex issues. The jury was impressed by how they familiarised themselves with the topics in a very short time, and made use of the data to create new tools for graphical representations and presentations.

Stay tuned for the next datathon to come.

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