Swiss Re Global Business Solutions (GBS) India has announced plans to launch a new centre in Hyderabad in September this year.

Swiss Re GBS India is the analytical and innovation hub of the Swiss Re.

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The new centre will be used by the reinsurer to bolster its digital, data and technology capabilities.

Currently, Swiss Re GBS India operates a centre in Bangalore, which was established in 2001.

Swiss Re expects both the Indian centres to drive global business impact in the reinsurance space and support the group’s operations to achieve better results.

Swiss Re group chief digital & technology officer Pravina Ladva said: “By strengthening our data and digital capabilities, employing our modelling expertise, and developing new data-driven services, we can predict and mitigate risk before an event even happens.

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“Swiss Re is already well-positioned in India and expanding our presence with Hyderabad as a new location will provide an opportunity to onboard expertise in key digital roles, which will enable our business and help our clients succeed.”

Swiss Re head of global business solutions centre India Amit Kalra said: “Swiss Re GBS India’s capabilities enable the company to deliver quality re/insurance services and solutions. With its significant data, digital and tech talent pool, Hyderabad creates new opportunities that complement our existing hub in Bangalore.”

Currently, Swiss Re GBS India is hiring for roles across engineering, and data science among other domains.

Swiss Re reinsurance solutions CEO Russell Higginbotham said: “Investment into technology goes hand in hand with building stable, sustainable teams comprising skills, services and knowledge that create value for our business. We feel Hyderabad is an excellent new location for Swiss Re to provide this platform.”