SCOR Live Blog


Combining Science & Technology to Enhance Insurability and Spur Innovation

SCOR’s Annual Conference took a deep dive into the current challenge faced by (re) insurers to grow the sphere of insured risks.

The risk universe is growing - the changes in the macro-economy environment, technology and data are contributing to the expansion of the sphere of insurable risk, resulting in a shift of the insurability frontier.

Click here to read the publication


Insurers and (re) insurers are tasked with understanding complex risks and developing solutions to manage risks and transfer them to capital - whether capital be their own, borrowed or from a third party.


Many major risk solutions will require private/public partnerships (PPPs) and will revolve around five key elements, featured in Figure 3 which will each be rapidly evolving thanks to new technologies and data:

  • Risk awareness: without risk awareness there can be no development of solutions;
  • Risk knowledge: awareness of risk must be complemented with the ability to measure, to quantify or qualify risk in order to design solutions, which (re)insurance can only be a part of;
  • Risk management, risk transfer & risk financing: most solutions will come as integrating and blending these three ingredients.


This latest Focus, based on SCOR’s Annual Conference, examines more than a dozen hot topics facing (re)insurers today, including:


  • Technology, Insurance and Insurability – Denis Kessler, Chairman and CEO, SCOR SE
  • A South African Initiative on the Principles for Sustainable Insurance (PSI) with the United Nation – Ian Kirk, CEO, Sanlam
  • Extending Insurance Coverage to an Additional 400 Million People by 2020 – Joan Lamm-Tennant, PhD, Chief Executive Officer and Founder, Blue Marble Micro, Limited
  • Defining Risk Finance in Developing Countries: (Re-)Defining the Role of the Private Sector – Olivier Mahul, Global Lead, Disaster Risk Finance, and Programme Manager, Disaster Risk Financing and Insurance Programme, World Bank
  • Flood Insurance in the US: Building Political Coalitions to Expand Private Markets – Ray J. Lehmann, Director, Finance, Insurance & Trade Policy, R Street Institute
  • Learning from Successful Partnering Approaches from other Industries – Nicolas Colin, Co-founder and Director of The Family
  • Oasis Loss Modelling Framework: Where are we on this Open Source Initiative? – Paul Nunn, Head of Catastrophe Risk Modelling – SCOR Global P&C
  • B3i, the Blockchain Insurance Industry Initiative: Coming Soon Near You – Paul Meeusen, CEO, B3i