Reinsurance News

WTW’s broking platform now enables digital trading

24th April 2023 - Author: Saumya Jain

WTW a global advisory, broking and solutions company, has announced that the WTW broking platform is now enabling digital trading with Zurich as part of its ongoing evolution.

The aim of WTW’s integration with Zurich Commercial UK is to further strengthen WTW as a leader in digital broking by developing the market of the future.

Hugo Wegbrans, the Global Head of Broking at WTW, said: “WTW is proud to be the first broker providing a successful digital submission to Zurich Commercial UK through our unique Broking Platform. This milestone in our digital transformation journey represents our commitment to providing our clients with the most advanced and efficient services possible.”

This will streamline the process to a real-time transaction for both WTW and Zurich, representing a major step forward in modernising the industry.

The company’s belief is that this digital process will benefit both carriers and the insured.

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With the Broking Platform, WTW will be able to structure risks and placement data at scale and turn it into valuable insight that makes the WTW Broking Platform unique.

Sierra Signorelli, CEO of Zurich Commercial Insurance, said: “We are delighted to have achieved this significant milestone with WTW. Our ambition at Zurich is to leverage digital technologies to enhance our customer, broker and employee experience. The ability for us to exchange information quickly, efficiently and in an automated way with WTW, for even our most complex business, is a great example of the progress being made.”

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