SCOR launches SCOR Digital Solutions, its L&H digital solutions platform
As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance solutions and services to control and manage risk. SCOR is pleased to add to this offering with the launch of SCOR Digital Solutions, its new Life & Health digital solutions platform, regrouping and focusing SCOR Life & Health’s core digital assets under one roof. Applying “The Art & Science of Risk”, SCOR Digital Solutions uses the Group’s industry-recognized expertise and data capabilities, enabled by a SaaS-based tech platform, to provide clients with seamless access to Underwriting and Claims services, co-developed with clients and creating shared value.
The recent advancements and acceleration in Artificial Intelligence promise to rapidly improve capabilities with regard to the speed and quality of decision making in the Underwriting and Claims processes. The formation of SCOR Digital Solutions is a response to these trends and shows SCOR’s commitment to its clients’ success in a rapidly changing and increasingly digital world.
David Sütterle, CEO of SCOR Digital Solutions, comments: “With SCOR Digital Solutions, we aim to be the preferred innovation partner to navigate through and maximize the value of data for the future of underwriting and claims. We strive to offer our clients the best possible experience throughout the entire L&H value chain to help accelerate their businesses, harness new sources of data and analytics, and improve and automate risk selection and decision making through deeper business insights. This strategic move underscores SCOR's commitment to data and technology, which are key drivers in shaping the reinsurer of tomorrow and supporting our clients on their digital journey.”
SCOR Digital Solutions is a globally scalable, adaptable and modular underwriting and claims technology platform combining SCOR Life & Health’s core digital assets, including:
- Velogica, our state-of-the-art automated underwriting suite, helping insurers accelerate their business growth in a risk-controlled way.
- VClaims, our award-winning advanced claims automation solution, simplifying both the claims experience and claims operations, while forming a powerful in-force management tool.
- HealthTech, such as our Biological Age Model (BAM) / Good Life, helping policyholders to maintain a healthy lifestyle, enhancing engagement and improving long-term portfolio experience.
- BeeTech, our advanced predictive model solution, putting data at the core of underwriting and claims processes.