First virtual AGM of a listed Swiss company
10. May 2023First Nimbus Conference: 24 October 2023
25. October 2023Swiss Re now uses NIMBUS ShApp for the company’s electronic communication with its shareholders
Swiss Re now uses all of the NIMBUS Solutions Suite’s subsystems: NIMBUS AR®, GV® and ShApp®
Swiss Re has been a Nimbus client since the 1990s. The company manages its share register with NIMBUS AR and uses NIMBUS GV for Annual General Meetings. Recently, the reinsurer has started using NIMBUS ShApp – the platform for digitalizing communication between the company and shareholders, as well as for granting powers of attorney and issuing instructions to the independent proxy.
A new user interface for a tried and tested platform
With the introduction of NIMBUS ShApp, Swiss Re simplified its AGM process by addressing the complex interface issues and now procures all its AGM services from a single source. However, Swiss Re wanted the user interface to be revised and therefore approached Daniel Stucki, Head of Development at Nimbus, with the relevant ideas. The IT service provider picked up the ball. In close cooperation, the “Swiss Re – Nimbus” team reviewed the platform and modernized its user interface. Jointly, their experts raised the solution to a state-of-the-art level that meets Swiss Re’s high standards. Markus Zwyssig, Director and Head of Share Register, on their collaboration: “This is what partnership in action looks like!”
As part of the simplification of the AGM process, procedures were also optimized, for example the processing of reply forms.
The first physical AGM after a three-year break HAD TO succeed!
After a three-year break and with a new platform, as well as optimized processes, it was all the more important for Markus Zwyssig to know that a trusted partner such as Nimbus was by his side: “Of course, we wanted nothing less than the perfectly executed AGM. With Nimbus on the team, I felt from the start that it would come off well.” And that’s precisely what it did: the 2023 General Assembly went smoothly and was a complete success!
The “Swiss Re – Nimbus” team is ready for the future
Markus Zwyssig knows that he can rely on his partner Nimbus: “Whenever we ask a question, it is answered within a very short time. If we have new ideas or requirements, Nimbus picks up the ball. If something should happen at an AGM, Nimbus has specialists on site who can react accordingly. Nimbus just has the right mindset, know-how, and product portfolio.” On this foundation of mutual trust, topics that are in discussion include virtual AGMs. Markus Zwyssig is confident: “Nimbus fulfils all the requirements to be able to position itself well in this developing segment. I look forward to continuing our journey together...”
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Hans-Peter Süess
Good to know:
Virtual AGM of a company listed on the Swiss stock exchange
An interview with Daniel Stucki, CTO
“We can look back on a successful AGM 2023, with processes that ran smoothly. I expected nothing less from Nimbus! Whatever the future may bring, I feel confident that with Nimbus at our side, we will be able to meet the challenges of share register management as well as master our future General Meetings.”
Markus Zwyssig
Director & Head of Share Register
Swiss Re