SCOR names new CEO for company dangers unit




SCOR names new CEO for company dangers unit | Insurance coverage Enterprise America















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SCOR names new CEO for corporate risks unit


Reinsurance

By
Kenneth Araullo

International reinsurer SCOR has named Claire McDonald as its new CEO for SCOR Enterprise Options (SBS), beforehand often known as SCOR Specialty Insurance coverage, the group’s giant company dangers insurance coverage unit.

As a part of this new position, McDonald will even be a part of the chief committee of the corporate. She steps into this position to bolster SBS’s stance as a technical specialty industrial insurer, aiming to form a balanced and resilient portfolio in keeping with SCOR’s strategic plan, Ahead 2026.

McDonald’s intensive profession spans a number of integral roles throughout the insurance coverage trade. Most not too long ago, she served as vice chairman on the Insurance coverage Institute of London and chair on the Worldwide Underwriting Affiliation of London.

McDonald’s background additionally contains vital stints at HDI International SE, the place she was an government board member and CUO for property, engineering, marine, and danger engineering. Moreover, she has held management positions at Allianz International Company & Specialty in varied capacities, starting from world head of operations to go of vitality on the chief underwriting workplace.

Jean-Paul Conoscente, CEO of SCOR P&C, below whom McDonald will report instantly beginning September 1, 2024, welcomed her addition to the worldwide reinsurer.

“With greater than 20 years of underwriting and senior management expertise, Claire is a superb addition to the P&C crew. Her deep experience, acquired in all areas of specialty insurance coverage all through her profession, will convey us even nearer to our purchasers,” Conoscente mentioned. “I stay up for working alongside her, as we proceed to leverage on favorable market situations.”

Thierry Léger, chief government officer of SCOR, additionally welcomed McDonald to her new pivotal place.

“Along with her intensive observe document, her acknowledged management qualities collectively along with her progressive and forward-thinking mindset can be a invaluable asset for SCOR,” Léger mentioned.

Predecessor to search for new alternatives

McDonald steps into the position changing Romain Launay, beforehand chief government for SCOR Specialty Insurance coverage, who has left to pursue new alternatives.

“I want to thank Romain Launay who has helped double the dimensions of our specialty insurance coverage enterprise throughout his time at SCOR P&C, and I want him all the very best in his future endeavors,” Conoscente mentioned.

“I lengthen my gratitude to Romain Launay, who’s leaving SCOR after 12 years,” Léger mentioned. “Throughout that point, he climbed the ladder to assist the corporate’s growth on the highest stage and contributed considerably to the Group’s success. I want him each success within the subsequent stage of his profession.”

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