Data governance model in reinsurance

Design and implementation of a data governance model.

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Process and guidelines for implemented data governance model

Definition of roles and responsibilities for the central data governance organisation and the specialist departments

Creating a basis for data-driven digital services and applications

Challenge

A globally active reinsurer wants to implement its digitalisation strategy on the basis of available data sources. The basis is to be formed by existing, but also new data sources of both internal and external origin. For the establishment of a stringent group-wide data
Data governance, clear structures, responsibilities and processes must be defined.

Solution

A concept for a central data governance organisation is jointly developed. This includes, among other things, the definition of roles and responsibilities for cooperation with the specialised departments and other central and staff units. The necessary processes and guidelines for data architecture, quality and maintenance as well as integration into existing infrastructures, communication and marketing are developed and defined.

Result

There is a centrally established data governance organisation with clear roles, responsibilities, processes and structures. Data governance thus serves as a driver for the digital transformation of the company and the digital participation of its employees.

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