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SCOR makes strategic appointments to its Executive Committee – Reinsurance News



SCOR has announced strategic appointments in senior positions. SCOR has announced the appointment of Claudia Dill as the Group’s Chief Operating Officer. Simultaneously, Redmond Murphy has been appointed as the Deputy Chief Executive Officer of SCOR Life & Health. Both will serve as members of the Executive Committee.

Thierry Léger, Chief Executive Officer of SCOR, commented, “I am very pleased to welcome Claudia and Redmond to the Executive Committee. Claudia brings with her more than 25 years of executive and board experience in banking and insurance, working in finance, operations and technology as well as business roles. She has all the qualities needed to progress the Group’s transformation to a data and tech-enabled company.

“Redmond knows our Life & Health business inside out, having spent seven years successfully managing numerous L&H projects before joining the Group Finance department where he has been instrumental in implementing the new IFRS 17 accounting framework. In his new role, Redmond will continue to strengthen our L&H leadership role in North America. I wish both of them every success in their new roles and all the members of the Executive Committee look forward to working alongside them.”

Dill’s remit in the role will be being responsible for defining and implementing the Group’s strategy in terms of operational efficiency, automation and digitization as well as effectiveness and resilience, in line with the targets set out in SCOR’s new three-year strategic plan, Forward 2026. Along with serving as the COO, she will join the Executive Committee in charge of Technology, Transformation, Global Real Estate and Regional Services Platforms. She will be based in Zurich, and report to SCOR CEO Thierry Léger. Her appointment will take effect on 1st November 2023.

Dill is a market veteran who from 1999 to 2020, worked for the Zurich Insurance Group in a range of managerial positions in Zurich, New York and São Paulo, including as CFO for internal reinsurance and the reinsurance run-off unit, CFO for the European business and COO for the property and casualty business globally.

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Most recently, she served as the CEO of the Latin American business, also acting as a member of the Group Executive Committee. Prior to that, she held a variety of specialist and management functions at Credit Suisse, Deutsche Bank, Commerzbank, and Coopers and Lybrand. In the last few years, Claudia focused on non-executive mandates in publicly listed and private companies in banking and insurance.

Murphy’s remit in the new role will include oversight of the Life & Health business in North America, key markets for the Group making a strong contribution to SCOR’s new three-year strategic plan, Forward 2026. He will be based in Dublin, and report to Frieder Knüpling, CEO of SCOR Life & Health. His appointment will take effect on 1st November 2023.

Murphy joined SCOR in 2014 as the CFO of SCOR Global Life Reinsurance Ireland, holding a number of senior roles within SCOR for Life & Health and Finance. Most recently, he served as the Deputy Group CFO and Group Head of Business Performance, responsible for the Group’s financial planning and analysis, for capital, liquidity and performance management, and for the management of SCOR’s activities in Ireland.

Prior to that, Murphy was an integral part of the Life & Health Leadership Team, in charge of Business Performance, including Business Acceptance, Finance and Actuarial and oversight of SCOR’s Irish operations.

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