SCOR
Client story
SCOR relies on SimCorp for IFRS 9 compliance
SCOR, a leading global reinsurer, has been relying on SimCorp Dimension since 2007 to manage the middle and back-office activities and to handle multiple frameworks in different accounting schemes.
In this short video, Laurent Guéraud, IT Division Manager for SGI, reflects on the company’s journey to IFRS 9 as part of a wider IT transformation project and how the close collaboration with SimCorp has been key in the project’s success.
In this short video, Laurent Guéraud, IT Division Manager for SGI, reflects on the company’s journey to IFRS 9 as part of a wider IT transformation project and how the close collaboration with SimCorp has been key in the project’s success.
How we support SCOR
Laurent Guéraud, IT Division Manager for SGI, reflects on the company’s journey to IFRS 9 as part of a wider IT transformation project.
“We now operate fully on a dedicated IFRS 9 platform with a new closing process onboarding all IFRS 9 specificities”
Quick facts
Name: SCOR
Headquarters: Paris, France
Industry: Reinsurance
Gross written premiums: EUR 17.6 billion (as of December 31, 2021)
Established: 1970
Website: https://www.scor.com
About SCOR
SCOR, a leading global reinsurer, offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society.