Artemis ILS NYC 2019

Menu

Reinsurance News

SCOR restructures Business Solutions unit to enhance client focus

16th May 2018 - Author: Matt Sheehan

SCOR has restructured its large corporate risks insurance unit, SCOR Business Solutions, to align with its current strategic plan, ‘Vision in Action’, which aims to increase the firm’s client centricity.

SCOR logoThe new organisational structure promotes greater business leadership and client and broker relationship management at a local level, offering global Line of Business expertise and a wider range of products and solutions.

SCOR Business Solutions is now structured around three regions (EMEA, Asia-Pacific, Americas) and six global lines of business (Construction, Property, Energy, Casualty, Financial Lines and Marine & Transportation).

It also features a newly created Portfolio Underwriting unit and Chief Technical Officer role, which, combined with SCOR’s integration of technology and innovation into its underwriting practices, is expected to make the organisation more agile and scalable.

The unit continues to be led by Laurent Rousseau, who was appointed Deputy Chief Executive Officer of SCOR Global P&C in April 2018.

Rousseau commented: “The ongoing insurance sector transformation is creating opportunities, which we intend to seize with the development of our insurance platform and specialist approach.

“SCOR Business Solutions will be further building on its 40-year track record as a large corporate risks carrier, making the best possible use of all the potential synergies within the SCOR group.”

SCOR’s reorganisation of the unit attempted to build on its existing strengths, which include a sustained track record of profitability, a strong technical culture, and a flexible position in the re/insurance risk transfer chain.

Recent Reinsurance News

Recent Reinsurance News

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.

By submitting the form you are giving your consent to be emailed by us.

Read previous article:
Insurability of GDPR risks is limited, report Aon and DLA Piper

Aon and global law firm DLA Piper have reviewed the insurability of risks related to the European Union’s (EU) General...

Close