Case Study: AXA achieves 10% value premium uplift and scalable AI/ML with Snowflake

AXA Reaches New Heights With Its Smart Data Platform Powered By Snowflake’s Data Cloud

AXA Konzern AG, one of Germany’s largest insurers, faced growing data fragmentation from decades of legacy on‑premises systems and complex point‑to‑point integrations. To support terabytes of monthly data, enable sophisticated AI/ML use cases, and give hundreds of users a single source of truth while meeting strict internal governance and security standards, AXA needed a future‑proof, cloud‑based platform to remove silos and improve data quality and access.

AXA built its Smart Data Platform on Snowflake’s Data Cloud (on AWS), using a Snowflake data lake and Data Vault modeling to harmonize data, scale compute instantly, and require near‑zero maintenance. The move let data scientists migrate performance‑hungry ML and actuarial workloads to Snowflake in under a month, eliminated new silos, strengthened security and compliance, and delivered measurable business impact — including at least a 10% increase in value premium and reduced operational security effort.

AXA

Moritz Knorr

Head of Data and Analytics Platforms