Climate variability, the increased frequency and severity of certain extreme events, and the growing vulnerability of modern societies to natural hazards have thrown down the gauntlet, challenging us to adapt to climate change. Tackling and addressing the associated risks is a global and shared responsibility.
At SCOR we are working on model interpretability because we believe that we have a duty to provide every applicant with transparent risk assessments that provide them with a path forward to understand an outcome.
In the last few weeks, we’ve seen a massive shift in our industry as clients and partners have worked tirelessly to support life insurance applicants and distributors, since traditional fluid-based underwriting protocols have been severely disrupted. As an organization, SCOR has been committed to reinventing the underwriting process through our Underwriting Reimagined strategy.