SCOR makes leadership moves; boosts tech drive with ex-Zurich C-suite hire

Global reinsurer  SCOR has unveiled key senior appointments, notably bringing on board a former Zurich C-suite executive, to drive the company’s new strategy focused on operational efficiency, automation, and digitisation.

The company has hired Claudia Dill as group chief operating officer and member of the executive committee in charge of technology, transformation, global real estate and regional services platforms.

Dill will be responsible for defining and implementing the group’s strategy in terms of operational efficiency, automation and digitisation as well as effectiveness and resilience, in line with the targets set out in SCOR’s new three-year strategic plan, Forward 2026.

Based in Zurich, Dill will report to SCOR CEO Thierry Léger. Her appointment will take effect on November 1, 2023.

Dill worked at Zurich Insurance Group for more than 21 years in a range of managerial positions in Zurich, New York and São Paulo, including as CFO for internal reinsurance and the reinsurance run-off unit, CFO for the European business and COO for the property and casualty business globally. Most recently, she was the CEO for the Latin American business, also acting as a member of the Group Executive Committee.

Before Zurich, she held a variety of specialist and management functions at Credit Suisse, Deutsche Bank, Commerzbank, and Coopers and Lybrand. In the last few years Claudia focused on non-executive mandates in publicly listed and private companies in banking and insurance.

Redmond Murphy, previously deputy group chief financial officer and group head of business performance, is appointed deputy CEO of SCOR Life & Health and member of the executive committee. His new role will include oversight of the life & health business in North America, key markets for the group, also supporting SCOR’s new three-year strategic plan Forward 2026.

Based in Dublin, Murphy will report to Frieder Knüpling, CEO of SCOR Life & Health. He will take up his position on November 1, 2023.

Léger, CEO of SCOR, said: “I am very pleased to welcome Claudia and Redmond to the Executive Committee. Claudia brings with her more than 25 years of executive and board experience in banking and insurance, working in finance, operations and technology as well as business roles. She has all the qualities needed to progress the Group’s transformation to a data and tech enabled company.”

He added: “Redmond knows our Life & Health business inside out, having spent seven years successfully managing numerous L&H projects before joining the Group Finance department where he has been instrumental in implementing the new IFRS 17 accounting framework. In his new role, Redmond will continue to strengthen our L&H leadership role in North America.

“I wish both of them every success in their new roles and all the members of the Executive Committee look forward to working alongside them.”