To address the evolving needs of its clients in a rapidly changing risk ecosystem, P&C Underwriting Solutions, a global technical and expertise center, facilitates business development as well as synergies between underwriting teams. Its dedicated decision-making committee provides rapid responses, promotes consistency and provides clear pathways for innovative ideas. It aims to globally cover new and challenging areas, for which it acts as a provider of solutions to reinforce SCOR’s positions in its selected markets and with its targeted clients.
Alternative Solutions
Alternative Solutions focuses on the development of customized, non-traditional, and new products/solutions. Leveraging SCOR’s diversified capital and the risk knowledge of its underwriters, the Alternative Solutions team provides insurance and corporate clients with structured solutions for Capital Optimization, Earnings and Cash Flow Volatility management, Protection Gap cover and Special Situation needs. Alternative Solutions helps the Reinsurance and Specialty Insurance deal teams to create tailor-made solutions for their key clients, thus reinforcing SCOR Property & Casualty’s Tier 1 position.
Mobility Solutions
In a transformed Motor risk landscape, the Mobility Solutions team works with international data and tech companies to build sustainable partnerships able to offer advanced solutions to our insurance customers. It deepens and spreads knowledge on current trends, such as ACES – Autonomous, Connected, Electric and Shared vehicles – to Reinsurance and Specialty Insurance clients, increasing awareness and studying new covers. This rapidly evolving market requires close monitoring of consumer trends, including ACES, and of the evolution from traditional distribution channels to leasing or OEM distribution. Collaborating with Digital Solutions’ exclusive marketing network through its Global Consumer Study is key in this regard.
Product & Innovation Solutions
We offer products and services designed to help clients balance their growth, efficiency and profitability. Our cedents can find solutions that can help them realize their ambitions and maximize impact supported by four pillars: Insurance Expertise & Marketing, Data Analytics & Digital Capabilities, Product & Innovation Capabilities and Capital Solutions.
In addition to reinsurance capacity, SCOR can provide technical and tactical support during every stage of the innovation journey: ideation, proof of concept, project management and go-to-market.
Ventures
SCOR Ventures invests in early-stage Insurtech companies, forming long-term partnerships with digital-first insurers and MGAs. Our focus is on fostering industry innovation and supporting SCOR’s global business by leveraging expertise and networks to optimize collaboration between Insurtech and business partners.
