Willis Towers Watson

Willis Towers Watson | September 20, 2018

The total of 71 insurtech funding transactions in the second quarter of 2018 is an all-time high, according to a Willis Towers Watson report. However, the total amount of money invested actually declined from the previous quarter. Investors poured in US$579 million into insurtech companies in the second quarter or 20% less than the first quarter, Willis Towers Watson’s Quarterly InsurTech Briefing revealed. Furthermore, the second quarter set the new record for the volume of incumbent part...

CB Insights | June 04, 2018

Insurtech investment deals reached a new high in the 2018 first quarter, with older insurers and reinsurers increasingly committing financing right along with traditional venture capitalists, Willis Towers Watson found. There were 66 insurtech investment deals during the quarter at an investment volume of $724 million. That’s up 155 percent from the 2017 first quarter and 16 percent from Q4’s collective deal value of $624 million, Willis Towers Watson noted in its new quarterly insur...

Willis Towers Watson | July 11, 2018

Willis Towers Watson has announced the launch of an updated version of its Radar pricing software. The update, Radar 4.1, uses the latest technology to improve the sophistication in commercial lines pricing and underwriting, the company said. Radar 4.1 represents sophisticated coverages more easily than before, allowing greater efficiency and accuracy of rate deployment, Willis Towers Watson said. Radar Live implementations are also more transparent and quicker to deploy....

Willis Towers Watson | July 09, 2018

Insurers are increasingly buying reinsurance as protection for their earnings, guided by “risk appetite statements” which optimize capital management and profitability targets, a survey by Willis Towers Watson has revealed. According to the Global Reinsurance and Risk Appetite Survey Report 2017/2018, 80% of insurers consider their risk appetite statements when defining their reinsurance strategies. This is due to pressure from investors, which make insurers less tolerant of missed e...