SCOR : Global Life launches SCOR Life & Health Ventures and announces the venture’s first strategic investment in and partnership with iBeat

SCOR Global Life launches SCOR Life & Health Ventures

In launching 'SCOR Life & Health Ventures', SCOR accelerates its focus on innovation and will pursue targeted strategic partnerships and investments in companies that can bring a complementary offering to its Life & Health business. The creation of SCOR Life & Health Ventures supports SCOR Global Life's innovation strategy as part of the current 'Vision in Action' plan and long-term goals.

The venture's mission is to create a community of trusted partners that will bring value to SCOR Global Life's clients by offering cutting-edge technology in this continuously-evolving Life insurance environment. These strategic partnerships and investments will further enable SCOR Global Life and its clients to develop innovative offerings for existing and future policyholders.

For more information, visit https://www.scor.com/en/scor-lh-ventures

SCOR Life & Health Ventures invests in and partners with iBeat

Located in the heart of San Francisco, iBeat is a health and wellness company empowering people to live longer. The team is bringing the iBeat Heart Watch to market - a breakthrough cellular smartwatch that continually monitors users' 24-7 heart activity. In a life-threatening emergency, iBeat will instantly alert the user, their loved ones, and emergency responders in real-time, helping ensure immediate care and potentially saving the user's life. The watch also has an emergency help button that can be pressed at any time to get users aid.

By partnering with iBeat, SCOR Life & Health Ventures supports SCOR Global Life's value proposition of improved health outcomes for policyholders. Combining its leading risk expertise with iBeat's wellness product and service, SCOR Global Life enables its clients to provide new products and solutions to the consumer.

This partnership reflects SCOR Global Life's active role in the life (re)insurance industry to work with our Life insurance clients in offering policyholder benefits that promote healthy lifestyle choices and help manage medical conditions. Partnering with insurtech companies broadens the Life insurance value proposition and deepens the connection of Life insurers to policyholders.

For more information visit: https://www.ibeat.com/