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Swiss Re ReImagine Challenge 2022: All that you need to know about

All that you need to know about Swiss Re ReImagine Challenge

Swiss Re ReImagine Challenge is a thought leadership challenge by Swiss Re for students who are ready to rediscover, rethink, and reimagine the status quo. Through this challenge, Swiss Re aims to understand diverse & unique perspectives and approaches toward scenario-building/problem-solving from some of the brilliant minds of the country.

Swiss Re “ReImagine” is a unique reverse ideation program where the to-be-graduates generate new ideas that can solve different business problems, create a workable solution (prototype), get mentored throughout by Swiss Re experts from different domains, and build a winning pitch. The finalists, under the guidance of Swiss Re leadership, will think through the problems and present their solutions.

Eligibility Criteria:

  • Engineering Colleges: B.Tech/B.E. students currently in their pre-final and final year, M.Tech/M.E. students in their first and final year, and Dual Degree students currently in their 3rd, 4th and 5th years are eligible to participate
  • B-Schools: First-year and Final-year students from full-time 2-Year MBA/PGDM programs and full-time 1-Year MBA programs are eligible to participate
  • Insurance Colleges: Students in their pre-final and final years are eligible to participate

Team Rules:

  • Students must register in a team of 1-3
  • All members of a team should be from the same institute
  • A student cannot be a part of more than one team
  • There is no restriction on the number of teams from an institute
  • Once the registration closes, the teams won’t be able to change their team members

Competition Structure:

Launch Event: Interact with Business Leaders and learn everything you need to know to ace the ReImagine Challenge! Save the date and mark the time for Friday, 19th August 2022 from 4:00 PM to 5:00 PM! You can attend the session by clicking on the Join button at the time of the event post registration.

First Preliminary Round – Online Assessment:

  • All registered teams need to take a 30-minute online quiz with 30 MCQs
  • Every team will get only one opportunity to take the assessment; If you have taken it once anytime during the assessment window, then you won’t be allowed to re-take it
  • Participants will be assessed based on questions on Critical Reasoning, Logical Ability, and Analytics
  • Teams will be scored on all the questions equally

Idea Elevator Video Pitch and Executive Summary Submission:

  • All shortlisted teams will be informed about the challenge statements on 23rd August 2022
  • Teams will be required to submit a 1-slider PPT of their proposed solution
  • Teams are also required to submit a 60-90 seconds video describing their idea along with the PPT
  • The last day of submission of entries will be 5th September 2022
  • All the teams are requested to submit their entries a few hours before the deadline to avoid any last-minute hassle
  • Besides, the teams would be able to view and change their submissions anytime before the submission deadline
  • Some Guidelines for Video –
  • If you face any issue while uploading the submission try uploading it in incognito mode
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Detailed Presentation Submission:

  • Only shortlisted teams will get access to the case post 12th September 2022
  • Each team will have to submit a PPT with not more than 7 slides
  • The submission should ideally include an analysis or deliverables to the problem
  • Any supporting Excel sheet(s) etc. should be embedded in the PPT itself – The appendix can be put beyond these 7 slides as the 8th and/or 9th slide
  • Due credits should be given to any references taken

Grand Finale:

  • All the shortlisted national finalists will be participating in the Grand Finale virtually
  • They will get a chance to present in front of the Swiss Re leadership team
  • Details of the grand finale will be shared with the teams closer to the event date

Rewards and Prizes:

  • The Winning Team will get a cash prize of INR 75,000
  • The Runner-Up Team will win a cash prize of INR 50,000
  • The Finalists will get an opportunity to be interviewed for internships* with Swiss Re
    *Final selection of interns will be at Swiss Re’s absolute discretion and subject to T&C laid down by the organization.

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