SCOR: internal life reinsurance system

With 31 offices worldwide and active in more than 150
countries, SCOR is France’s largest reinsurance company and one of the largest
in the world. Thanks to its technical innovations and high-quality service,
SCOR boasts a balances business portfolio of damage, personal and special
reinsurance. 

The Challenge
In order to centralize policy and holder information,
produce quarterly and annual retrocession accounts in the United States and
France, and compile statistics for monitoring portfolios, SCOR initiated the
LIRAS (Life Individual Reinsurance Administration System) project and
accompanying system. The new system had to be centralized and integrated into
SCOR’s existing information system. It also had to include the Powerbuilder
development tools used by SCOR.

How CGI Helped
In order to get the project off to a quick start, CGI
began by focusing on the specification and technical architecture analysis.
Once this phase of the project was completed, CGI expanded its role and focuses
on data recovery, and establishing and developing specifications and content for
SCOR’s new data center.

The Results
The new LIRAS Project system allows for SCOR to produce
its retrocession accounts much more rapidly. The global database also allows
SCOR to more efficiently monitor its obligations and, in doing so, reduce its
risk.

The bottom line: The LIRAS project is yet another
example of the constructive and effective collaboration between SCOR and CGI,
which has since been extended to application maintenance.


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