Re/insurance broker Willis Towers Watson (WTW) has announced that CDL, a specialist technology provider, will be joining WTW’s Radar Live Collaboration programme.
Radar Live is an insurance rating and rules programme that builds on WTW’s analytical software Emblem, Classifier, Radar Base and Radar Optimiser.
The programme has been designed to help equip users with system scalability and stability to support the provision of hundreds of millions of quotes per year.
CDL has identified that its involvement with the Radar Live Collaboration programme is an opportunity to help clients benefit from its service.
Nigel Phillips, CDL CEO commented: “CDL and Willis Towers Watson have a successful track record in developing efficient and cost-effective propositions. This latest collaboration will enable CDL to integrate its systems with Radar Live, further enhancing our offerings in the industry by providing customers with fast and easy access to a highly sophisticated price optimisation tool.”
Tony Dixon, Head of Home Underwriting, Integra Insurance Solutions said: “Using Radar Live with CDL’s Insurer Hosted Pricing solution, Proteus, allows us to be far more responsive to competitors, giving our pricing team the ability to change prices in a quick yet controlled way, including adding new pricing factors easily, without the need for a large IT project. We are excited about the additional ability this will give us to grow our market position.”
Andrew Harley, Senior Director, Insurance Consulting and Technology, Willis Towers Watson added: “We are delighted that CDL is joining our global Radar Live collaboration programme. CDL has a strong track record as an insurtech with extensive experience in deploying hub technologies at scale, combined with globally recognised cloud capabilities.
“By establishing connectivity with CDL, access to Radar Live is made even faster for insurers and brokers, offering whole-of-market access and reducing the time and cost associated with separate integrations.”