The (Swiss cheese) data conundrum...
summary
Swiss Re Institute builds C.H.E.E.S.E. (Company Hierarchy End‑2‑End Structure Extraction) to join internal and purchased datasets, claiming unique company identifiers are the missing key and that sourcing can take months or years. The pipeline uses NLP standardization, TF‑IDF vectors, geocoding to lat/long, geocoding + bucketing for exact-match pruning and clustering to merge millions of records, outperforming simple fuzzy name matching and reducing duplicates to produce consolidated end‑to‑end risk views.
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chapters (6)
- 0:00Introduction
- 3:08Data as insurance lifeblood
- 6:41Data sourcing challenges
- 12:04Insurers' data maturity
- 14:38Company matching algorithm
- 21:56Conclusion and key takeaways
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