CONTRIBUTOR INTERVIEW SOFIA KYRIAKOPOULOU Chief Data & Analytics Officer WHY IS DATA SO IMPORTANT FOR REINSURERS? S.K. In reinsurance, data is the backbone of every key decision—from client submissions to pricing, underwriting, claims, reserving, and finance. The ability to harness data effectively is no longer optional; it’s critical to remaining relevant in a rapidly evolving industry. Standing still is not an option—others will move ahead. But we don’t just see this as a challenge. We see it as a strategic opportunity. With our deep technical expertise and agility, we are uniquely positioned to turn data and AI into a true competitive edge. HOW IS DATA KEY TO INNOVATION AT SCOR? S.K. Data is a powerful catalyst for innovation. It enables us to reimagine core user journeys—such as underwriting and claims—by delivering proactive, real-time insights that augment human expertise. Through advanced analytics and AI, we synthesize fragmented information and enrich it with our internal knowledge (e.g. underwriting guidelines), revealing new insights and opportunities. These capabilities empower superior risk selection, smarter portfolio diversification, and faster, more informed decisions. Crucially, we don’t just use these insights internally—we also bring them to our clients. Through SCOR Digital Solutions, we help our partners navigate increasing risk complexity and interdependencies, enabling them to anticipate challenges and act with greater confidence. HOW DOES SCOR EVALUATE WHICH TECHNOLOGIES TO ADOPT? S.K. We operate in an environment where technological advancements—particularly in AI—are evolving at an unprecedented pace. As experts in this space, we stay abreast of these trends, ensuring we understand what’s emerging, what’s maturing, and what truly matters. That said, we approach adoption with rigor and intention. We apply strong governance to evaluate how new technologies align with our strategic priorities, their ability to scale, and their potential to solve real-world business challenges more effectively than current solutions. It’s not about chasing trends or being first—it’s about being discerning, placing smart bets, and focusing our efforts where we can deliver meaningful, long-term value for both the business and our clients. “In reinsurance, data is the backbone of every key decision – from client submissions to pricing, underwriting, claims, reserving, and finance.” S.K. TRANSFORMING TOMORROW WITH OUR VISION 35
RkJQdWJsaXNoZXIy NTkwMzk=