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The Smart Factory Allianz（智能工厂安联）
The Smart Factory – Risk Management
Perspectives
December 2015
CRO Forum – October 2015 1
The CRO Forum’s Emerging Risk Initiative
The Emerging Risk Initiative (ERI) was launched in 2005 to raise awareness of major emerging risks
relevant to society and the re/insurance industry.
The ERI pursues the following goals:
■ Raising awareness and promoting stakeholder dialogue.
■ Developing best practice solutions
■ Standardising disclosure and sharing knowledge of key emerging risks
CRO Forum – October 2015 2
Table of Contents
1 Executive Summary 4
1.1 A fourth industrial revolution 4
1.2 Revolutionary developments 4
1.3 Risk Management Implications 5
1.4 Role of the insurance sector and interest in the Smart Factory 5
1.5 Purpose of this paper 5
2 WHAT IS THE SMART FACTORY? 6
2.1 Features 6
2.2 Automation, robotics and autonomous mobility 6
2.3 Machine-to- Machine communication 7
2.4 Big Data 7
2.5 Optimising industrial processes 8
2.6 Augmented reality 8
2.7 Additive manufacturing and supply chain changes 9
2.8 Bringing It All Together
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