Reinsurance News
WTW
WTW is a leading broker, consultancy and advisory for the insurance and reinsurance sector. One of the largest insurance brokers in the world and with a new reinsurance broking venture underway, WTW is a key player in the market.
Liberty Specialty Markets joins WTW’s Neuron platform for live cyber and D&O trading
10th April 2025
WTW, an advisory, broking, and solutions firm, has announced the next step in the rollout of its digital trading platform, Neuron. Liberty Specialty Markets (LSM) is now live on the platform, bringing real-time trading capability for Cyber and Directors & Officers (D&O) risks. LSM’s capacity became active on Neuron as of 31 ... Read the full article
Willis launches new Professional Indemnity solution with CCY40m capacity
8th April 2025
Willis, a WTW business, has launched ProXS, a new Professional Indemnity solution with a CCY40m capacity, designed to provide enhanced and cost-effective coverage for professional companies. The ProXS solution includes competing panels from Lloyds and company markets. Clients will be able to benefit from pre-agreed discount premiums that guarantee the best ... Read the full article
Willis expands CyXS cyber facility
4th April 2025
WTW's Willis business has expanded its CyXS facility, offering USD/GBP/EUR 115m of capacity through Lloyd's syndicates and up to USD/GBP/EUR 40m from outside of the Lloyd's marketplace. The Willis CyXS facility now includes the new CyXS Plus and CyXS Company offerings, each offering a further USD/GBP/EUR40m of capacity. CyXS Company facilitates the ... Read the full article
Jody Yee to lead WTW’s Alternative Risk Transfer Solutions team in the Americas
3rd April 2025
Global advisory, broking, and solutions firm WTW has announced the appointment of Jody Yee as Head of Alternative Risk Transfer Solutions in the Americas. Yee will leverage his significant industry experience and a focus on developing innovative and tailored risk management solutions to deliver WTW clients tailored alternative risk transfer (ART) ... Read the full article
Willis’ new wildfire resilience insurance to focus on risk mitigation
2nd April 2025
Willis, a business of WTW, and The Nature Conservancy (TNC) have launched a new $2.5 million wildfire resilience insurance for the Tahoe Donner Association in Truckee, California. Described as "first-of-its-kind," this policy directly links insurance costs to proactive wildfire risk mitigation efforts. Developed in partnership with UC Berkeley's Center for Law, Energy ... Read the full article
WTW acquires Global Commercial Credit
1st April 2025
Global advisory, broking, and solutions firm WTW has announced the acquisition of Global Commercial Credit, LLC (GCC) into Willis, a WTW business. The move significantly bolsters WTW's capabilities in trade credit and political risk insurance, particularly targeting growth in North America. The acquisition directly supports WTW's strategy to expand into specialized, high-growth ... Read the full article
Willis launches insurance solution for marketing & advertising production in US
27th March 2025
Willis, a WTW business, has launched AdWrap, a master-controlled insurance program designed to streamline production insurance for businesses and their contracted vendors. AdWrap offers a cost-effective and transparent solution for companies producing marketing, advertising, and promotional content in the U.S. The program simplifies production insurance for in-house teams, third-party vendors, and social ... Read the full article
WTW appoints Munich Re’s Massimo Cavadini to newly created role
13th March 2025
Global advisory, broking, and solutions firm WTW has appointed Massimo Cavadini as Head of Product, Pricing, Claims and Underwriting for Continental Europe, a newly created role aimed at strengthening the firm’s leadership in insurance analytics. In this position, Cavadini will oversee the expansion of WTW’s consulting and software solutions in claims ... Read the full article
LSM joins WTW’s Neuron platform to enhance digital risk trading
11th March 2025
Global advisory, broking, and solutions firm WTW has announced that Liberty Specialty Markets (LSM) will be an early adopter of Neuron, its digital trading platform. WTW reportedly developed Neuron to modernise specialty risk placement by connecting brokers and insurers in real time, streamlining complex risk trading, and enhancing efficiency across the ... Read the full article
U.S. commercial insurance rates moderate to 5.6% in Q4’24: WTW
10th March 2025
WTW's Commercial Lines Insurance Pricing Survey (CLIPS) has revealed that U.S. commercial insurance rates continued to rise in the fourth quarter of 2024, albeit at a more moderate pace. As per WTW's CLIPS, carriers reported an aggregate price increase of 5.6% in the fourth quarter of 2024, down from the rate ... Read the full article
WTW partners with KIT and NASA to enhance hail risk modelling
6th March 2025
WTW, an advisory, broking, and solutions company, has announced the continuation of its long-standing collaboration with the Karlsruhe Institute of Technology (KIT), alongside NASA’s Disasters Program and the NASA Langley Research Center. The partnership will focus on advancing the understanding and modelling of hail risk, leveraging more than a decade of ... Read the full article
WTW unveils new AI-driven monitoring tool for insurers
5th March 2025
International broker WTW has launched Radar Vision, an AI-driven performance monitoring tool custom-built for insurers. The global insurance industry is facing a period of rapid change and uncertainty, driven by significant inflation, demographic shifts, and a volatile market. To succeed in this environment, WTW highlights, insurers must be able to quickly understand ... Read the full article
WTW teams with Cornell University to address global drought risks
19th February 2025
WTW, a global advisory, broking, and solutions company, has formed a new partnership with Cornell University to analyse the risks posed by severe and extended droughts worldwide. This collaboration will offer a deeper understanding of global vulnerability to drought risks and explore the potential effects of water scarcity on business operations. Around ... Read the full article
Willis and Global Parametrics announce first payout of parametric policy for coffee farmers in Vietnam
17th February 2025
Willis, a WTW business, and Global Parametrics have delivered a new parametric solution to coffee farmers in Vietnam, backed by the Natural Disaster Fund (NDF) and in partnership with Bao Minh Insurance Corporation, providing timely relief to coffee growers affected by drought. The solution was placed in early 2024 and was ... Read the full article
WTW names Guy Donahue as Cross Industry Midwest Property Broking Leader
14th February 2025
WTW, a global advisory, broking, and solutions company, has announced the appointment of Guy Donahue as the new Cross Industry Midwest Property Broking Leader within Corporate Risk and Broking North America (CRB NA). In this role, Donahue will oversee strategic initiatives, build and maintain client relationships, and lead property broking activities ... Read the full article
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