SCOR Global P&C Appoints Gavazzi, Rousseau in Treaty Underwriting Area

SCOR announced it has made two underwriting appointments at its SCOR Global P&C unit.

First, it appointed Umberto Gavazzi as chief underwriting officer for the Worldwide Treaty P&C operations of SCOR Global P&C, reporting to Victor Peignet, CEO of SCOR Global P&C.

With effect from July 1, 2015, Gavazzi will succeed Yvan Besnard, who is retiring. Besnard has played an important role in the recovery and the reconstruction of SCOR, as well as in its repositioning as a top-tier global reinsurer, SCOR said in an announcement.

In addition, Laurent Rousseau has been appointed chief underwriting officer EMEA Treaty P&C operations, succeeding Umberto Gavazzi with effect from July 1, 2015. Rousseau is currently head of Strategy, Marketing & Development at SCOR Global P&C.

The biographies of the executives are detailed below:

Umberto Gavazzi has more than 30 years of insurance and reinsurance experience, having started his career back in 1984, first as a broker and then as a property underwriter with an Italian insurer. He moved into reinsurance in 1987 when he joined LVR, a reinsurance company belonging to the TORO Group, later acquired by SCOR. As a treaty underwriter, Gavazzi has been in charge of various European markets, first Germany and Austria, then the UK and Switzerland and eventually Italy. In 1993 Gavazzi joined SCOR Canada in Toronto, where he held various corporate functions and was in charge of developing new business opportunities. In 1995 he moved to the Paris headquarters, becoming the group’s financial controller. He moved to Milan in 1998 to become the CEO of the local subsidiary of SCOR. Since 2005, Gavazzi has headed the EMEA region within the treaty unit of SCOR Global P&C.

Laurent Rousseau started his career as an equity analyst at Credit Suisse First Boston covering European insurers and reinsurers. In 2005, he joined JPMorgan in the insurance investment banking team, executing M&A, capital raising and restructuring transactions for European insurers and reinsurers. He joined SCOR in 2010 as adviser to the CEO, and became head of SCOR Global P&C’s Strategy, Marketing and Business Development in 2012. In this role, Rousseau was a member of the SCOR Global P&C management committee, in charge of underwriting and strategic plans, marketing, and broker relations for P&C business.

Source: SCOR Group

Topics Europe Underwriting Reinsurance Property Casualty