WTW, an advisory, broking, and solutions firm, has announced a major upgrade to its International Property facility in the London market, further advancing the capabilities of its digital trading platform, Neuron.
This enhancement, which aligns with the facility’s renewal on May 1, 2025, includes increased market support and expanded capacity.
The move represents the latest step in WTW’s broader digital strategy, as Neuron continues to gain traction in the market.
Most recently, Liberty Specialty Markets (LSM) began using the platform to conduct live trading of Directors & Officers (D&O) and Cyber risks.
The platform replaces traditional manual placement with advanced algorithmic technology, enabling the digital trading of complex specialty risks with greater speed and efficiency.
Neuron significantly accelerates the quoting process—returning quotes in minutes rather than days—while also allowing insurers to monitor facility performance in real time.
This digital follow-placement capability enables underwriters to focus on more intricate risks and new business opportunities, enhancing both client service and underwriting effectiveness.
Ed Day, Head of International & North America Property GB, WTW, added: “Neuron provides cutting edge solutions to our clients by connecting brokers and insurers in real time, simplifying and accelerating the trading of commercial insurance digitally. Neuron continues to set the standard for connected ecosystems built on transparency and consistency.”
Neuron’s API functionality allows insurers to link the platform directly to their internal data systems, supporting enhanced analytics and smoother downstream processes.
Its streamlined placement features enable quicker scaling of facilities, more efficient onboarding of new markets, and simplified implementation of changes to file agreements.
In addition to operational benefits, Neuron also strengthens governance. The platform digitally enforces file agreement terms using insurer-specific decision algorithms that process each risk. This automation eliminates the need for manual agreement checks and significantly reduces the potential for errors or omissions.
Tom Maleczek, Neuron Head of Strategy and Planning, WTW, said: “Intense competition and evolving client needs are driving brokers to adapt and increasingly turn to creating facilities that offer pre-agreed terms with the best insurers at competitive rates. Neuron significantly enhances this capability by making it easier, quicker and more transparent to trade risks at scale.”
