Due to Lugano Convention [0] / Budapest Convention [1] / Hague Convention etc, I don't see how Switzerland is any more insulated than, say, Norway is (both these countries are part of EFTA & signatories to various UN/EU/EFTA treaties). Per this article [2], Switzerland ranks below Ireland, Portugal, Denmark, France in Data privacy laws (in fact, it ranks the same as the UK).
If I am being honest, at this point, "based in Switzerland" (or Cyprus or Sweden or Gibraltar) comes across as marketing gimmick VPN companies are notorious for.
[0] EU civil & commercial law enforcement in Switzerland: https://www.legal500.com/guides/chapter/switzerland-enforcem...
[1] Mutual Legal Assistance Treaty (MLAT) is bypassed: https://rm.coe.int/16802e726c
[2] https://www.comparitech.com/blog/vpn-privacy/surveillance-st...