As of September 2016, SCOR started a series of tests using the new Blockchain technology. Blockchain is a secure data storage and transmission base, shared by all users without any intermediary. It contains the history of all exchanges between its users since its creation. The feasibility study initiated by the SCOR group [4] has given satisfactory results and proved that Blockchain is a flexible technology that can be rapidly carried out. In addition to simplifying and accelerating transactions among its members, it can also help to significantly reduce costs.
SCOR is a member of the Blockchain Insurance Industry Initiative (B3i), along with other leading global insurance and reinsurance companies: Allianz, Hannover Re, Munich Re, Tokio Marine Holdings, ...