WTW launches cloud-based capital modelling tool

Willis Towers Watson has launched a cloud based extension of its capital modelling platform. ts Igloo Cloud offers access to unlimited and flexible computing resources and power within Azure, and managed by WTW.

Rob Collinson, global proposition leader for P/C business at Willis Towers Watson, said: “Igloo Cloud offers transformational opportunities for all insurers that rely upon Igloo for capital and business modelling. Whilst the technology is clearly crucial, it’s the value that Igloo Cloud unlocks that matters. Igloo Cloud is designed to allow insurers to focus resources – people, time and money – away from administration and instead leverage models to more effectively understand and influence their business, improving performance and gaining competitive advantage.”

WTW says new tool requires no material installation tasks for IT teams, whilst modelling users can be up and running within minutes of the system becoming available and with very little need for training.

    Share Story:

Recent Stories

Financial institutions were early adopters of cyber security and insurance. Are they still on top of the game?
Managing huge amounts of sensitive data online makes financial institutions a prime target for hackers. As such, the sector was an early cohort for insurers in creating cyber cover. Since then, the market has evolved almost beyond recognition. It continues to challenge itself to this day, complying with rigorous regulatory demands and implementing avant-garde enhancements to keep abreast of the ever-changing risks. Published June 2021

Manufacturing: An industry at risk amid great technological change
Of the many sectors of business, manufacturing companies are among the most at risk from cyber threats. How has the sector evolved to make it so vulnerable and what does the task of managing cyber exposure in a manufacturing company look like? CIR’s latest podcast with Tokio Marine HCC sought to answer all these questions and more. Published April 2021