WTW integrates COVID-19 data into global peril diagnostics tool

Willis Towers Watson has launched an tool that provides real-time information on confirmed global COVID-19 cases alongside clients’ property total insured values by location. Part of its Global Peril Diagnostic modelling tool, the new feature enables clients to easily track developments of the pandemic set against their property assets around the world.

The tool’s underlying technology can also be used for charting an employer’s head count or payroll by office location. The data and information supplied to the new feature cover China, the US, Canada and Australia at province/state levels and the rest of the world at country level, represented by either a country’s geographical central point or capital.

“The economic impact of COVID-19 will clearly be significant, and organisations are under pressure to quickly identify and better understand their business interruption and workers compensation exposures triggered by this pandemic,” said Ben Fidlow, global head of Core Analytics, Corporate Risk and Broking, Willis Towers Watson. “Our new data- and analytics-driven feature will help clients through these efforts and enable them to enhance the practice of their proactive resiliency risk and business continuity decision making.”

China data are automatically updating at least once per hour, and non-China data are updating manually.

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