Chubb Engages Willis Towers Watson for Advanced Pricing Delivery Software

Shot of a group of programmers working together on a computer code at night

Willis Towers Watson’s Insurance Consulting and Technology business today announced that Chubb, the world’s largest publicly traded P&C insurer, has licensed Radar Live, Willis Towers Watson’s advanced pricing delivery software. Radar Live’s pricing technology and capability to seamlessly integrate across multiple channels gives commercial insurers increased pace and agility to generate and benefit from ever… Continue reading Chubb Engages Willis Towers Watson for Advanced Pricing Delivery Software

Commercial P&C Marketplace Remains Hard, But Better Times Ahead for Buyers

Best rankings on net premiums

North American commercial property & casualty (P&C) insurance buyers can expect an ever-so-slight turn for the better and a less difficult marketplace in the months ahead, according to Willis Towers Watson’s 2021 Insurance Marketplace Realities report. However, the global advisory, broking and solutions company says buyers will continue to face upward pressure on pricing across… Continue reading Commercial P&C Marketplace Remains Hard, But Better Times Ahead for Buyers

Willis Towers Watson Commits to Net Zero

CO2 and carbon footprint against a cloudy sky formation

Willis Towers Watson, a leading global advisory, broking and solutions company, today announced its commitment to delivering net zero greenhouse gas emissions — in alignment with the Science Based Targets Initiative — by 2050 at the latest, with at least a 50% reduction by 2030, across the company’s business operations. This includes a commitment to… Continue reading Willis Towers Watson Commits to Net Zero

New Collaboration Between WTW and Pega Drives Digital Transformation in Insurance Pricing

Young beautiful businesswoman working on her computer in the office. The view is through glass.

Willis Towers Watson, a leading global advisory, broking and solutions company, today announced that Pegasystems, a software company, is to become the latest vendor to join Willis Towers Watson’s global Radar Live Collaboration program. The program has been developed so insurers can realize the benefits of faster and smoother integrations with Radar Live, the price… Continue reading New Collaboration Between WTW and Pega Drives Digital Transformation in Insurance Pricing

Businesses Increasingly Concerned About Reputational Risk: WTW

Businessman touching and drawing face emoticon smile on the tablet, service mind. blue background. Customer service concept.

In its 2020 Reputational Risk Survey published late last year, Willis Towers Watson, a leading global advisory, broking and solutions company, revealed that 86 percent of clients are concerned about loss of income and a reduced customer base due to reputational risk. In a world where social media allows views and opinions to be shared… Continue reading Businesses Increasingly Concerned About Reputational Risk: WTW

U.S. Employees: We Want Greater Benefits Security and Reduced Costs

Motivated international multi-ethnic company members aged and young corporate team photographing posing for camera, successful staff portrait concept of growth in career leadership and racial equality

Roughly half of U.S. employees want more help from their employers to save for retirement, balance their work and life issues, and get the most value from their employee benefits, according to research from the Global Benefits Attitudes Survey by Willis Towers Watson, a leading global advisory, broking and solutions company. “The pandemic and its… Continue reading U.S. Employees: We Want Greater Benefits Security and Reduced Costs

4 in 5 Companies to Change ESG Measures in Executive Pay Plans over Next 3 Years: WTW

D&O insurance rates not sustainable

Global events such as the pandemic, economic uncertainties, and social and racial injustice are sparking companies around the world to maintain or accelerate changes to their environmental, social and governance (ESG) priorities, according to a new survey of boards of directors by Willis Towers Watson, a leading global advisory, broking and solutions company. “With institutional… Continue reading 4 in 5 Companies to Change ESG Measures in Executive Pay Plans over Next 3 Years: WTW

WTW Acquires Acclimatise to Strengthen Its Climate Resilience Leadership

climate change and higher insurance rates

Willis Towers Watson, a leading global advisory, broking and solutions company, today announced the acquisition of Acclimatise, the market leader in climate change adaptation advisory and analytics services, to meet growing demands from corporates, Governments and financial institutions. Willis Towers Watson’s Climate and Resilience Hub (CRH) has expanded its scope to help clients address the… Continue reading WTW Acquires Acclimatise to Strengthen Its Climate Resilience Leadership

Willis Towers Watson Launches Real Estate Differentiated Broking Solutions

Willis Towers Watson, a leading global advisory, broking and solutions company, today announced the launch of its Real Estate Differentiated Broking Solutions (RE DBS). This solution further expands the existing DBS programs, including General Industry DBS and Financial Institutions DBS. The RE DBS will serve clients in several industries, including real estate holding and other… Continue reading Willis Towers Watson Launches Real Estate Differentiated Broking Solutions

2019 InsurTech Investment Reaches All-Time High at $6.37B

Human resources concept on tablet with hologram

Total new worldwide funding commitments to the InsurTech sector in 2019 were $6.37 billion, 33.9% of the historical total, following a record-breaking $1.99 billion of investment in 75 projects during Q4 2019, according to the new Quarterly InsurTech Briefing from Willis Towers Watson, a leading global advisory, broking and solutions company. During the year, eight… Continue reading 2019 InsurTech Investment Reaches All-Time High at $6.37B