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20 March 2019Insurance

SCOR unveils round of promotions as Blanc and Conoscente take new roles

SCOR has made five appointments including CEO posts, as part of a senior reshuffle that will start coming into effective from 1 April 2019.

The company said the new appointments at SCOR Global P&C “confirm the depth of the group’s talent pool”.

Michel Blanc has been promoted to CEO of Reinsurance, following Jean-Paul Conoscente’s move to CEO of SCOR Global P&C with effect from 1 April 2019. Blanc currently serves as CEO of the Asia-Pacific region (APAC).
Christoph Spichtig has been appointed CEO of APAC and Eric Jenck has been given the role of regional chief underwriting officer of reinsurance for APAC.

Stuart McMurdo has been appointed CEO of SCOR Specialty Insurance EMEA operations to come into effect from 1 September 2019. He will be responsible for Business Solutions EMEA, as well as the Channel Syndicate. McMurdo will retain his role of CEO of SCOR UK and of the Channel Syndicate.
And Fabio Pinho has been appointed CEO of SCOR Specialty Insurance Latam operations, effective from 1 September 2019. His remit will include SCOR Business Solutions Latam, as well as the Brazilian insurance company, Essor, of which he remains CEO.

Pierre Favennec is promoted to head of strategy and development and will report directly to Jean-Paul Conoscente. While Adrian Jones, deputy CEO of P&C Partners and former head of strategy and development will focus on growing the P&C Ventures business, with an expanded team.

“Following the organizational changes announced in September 2018, SCOR Global P&C continues to adapt its structure to serve its strategy and be more client-centric,” said Jean-Paul Conoscente, CEO of SCOR Global P&C. “Today’s announcements confirm the depth of our talent pool and our desire to promote the personal and professional development of our existing teams.”

Laurent Rousseau, deputy CEO of SCOR Global P&C and CEO of the Specialty Insurance unit, said: “The establishment of the Specialty Insurance business unit in September 2018 marked a key change in SCOR Global P&C’s organizational structure, by bringing together insurance business platforms built separately over the years. SCOR Specialty Insurance goes one step further today by creating synergies between our various Specialty Insurance entities, both from a business point of view - by focusing on a client-centric approach – and from an internal perspective, by making more efficient use of our resources.”

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16 April 2019   French reinsurer SCOR has expanded its SCOR Global P&C ventures team that forms partnerships with entrepreneurs and innovators to develop new technology-driven insurance and risk management solutions.
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28 February 2019   French reinsurer SCOR's international life and health subsidiary SCOR Global Life has made a series of promotions across its global markets, finance, and research and development (R&D) units.
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6 November 2018   While insurance-linked securities (ILS) are now estimated to be providing around 15 percent of total reinsurance capacity, SCOR CEO Denis Kessler believes that it could grow to 25 percent or a maximum of 30 percent.