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SCOR Global Life UK based in London has won three awards in the Redmayne Report on Reassurance 2007: “Redmayne Small Insurers’ Reinsurer of the Year 2007”, “Redmayne Irish Reassurer of the Year 2007” and “Redmayne Reassurance Personality of the Year 2007”, the latter award going to Roy Chappell, Head of Business Development at SCOR Global Life UK.
This report, published annually by Redmayne Consulting (which specialises in UK and Irish Life and Health protection business), is a premier commercial report in this field and is based on a survey of the key reinsurance buyers from the UK and Ireland. The survey takes into account value added by the reinsurer, the positive or negative impact of the reinsurer on the market, and the standard of support services offered by the reinsurer (including underwriting advice, paying claims, general understanding and quality of support, and pricing research).
SCOR Global Life UK is committed to providing reinsurance partnerships for the individual protection lines that are at the core of its business, namely Life and Critical Illness, and is extending its services to the field of Income Protection. SCOR Global Life UK is also well-positioned to provide cost-effective insurance solutions to the broader market.
These awards represent great feedback from the market and are a solid endorsement of the partnership model SCOR strives to offer. With a market-leading offering, the SCOR Global Life UK team is excellently placed to build on its strong position over the next three years, in line with the objectives of the “Dynamic Lift V2” plan.
Following the Asia Insurance Industry Awards 2007 in November, where SCOR won the title of “General Reinsurer of the Year”, the Redmayne awards reaffirm the Group’s global reach.