Willis Towers Watson has partnered with CodeEast to develop a digital transformation solution for insurance companies and MGAs.
Combining WTW’s Radar Live with CodeEast's ONEview, the new tool is designed to maximise profit margins through real-time risk assessment, and reduce operational costs with the latest distribution technology.
Andrew Harley (pictured), senior director, insurance consulting and technology, Willis Towers Watson, said: "We are delighted to announce that CodeEast is a global partner within Willis Towers Watson’s Radar Live partner programme. We are very confident the combination of the ONEview and Radar Live systems will help expedite the important journey our respective clients may have towards digital excellence".
Aidan Brogan, chief commercial officer of CodeEast, said: "We are excited to sign a global partnership with Willis Towers Watson. CodeEast has customers in the USA, UK and Ireland, and we look forward to expanding our market presence with this partnership. The fundamentals of the insurance industry remain the same: assess risk and present a premium to cover that risk. The challenge for insurance companies is to compete in this new world of high staff costs, distribution overheads and ever-growing volumes of data needed to assess risk. Ultimately, this partnership is about giving insurance companies the best digital tools and services to win in this fast changing world".
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