WTW accelerates pricing analysis for insurers

WTW has launched a new connector linking its Radar insurance pricing platform with cloud data platform, Databricks, allowing insurers to move data between the two systems without manual transfers.

The Radar Connector for Databricks enables users to select Databricks as a data source within Radar, pull data directly from the Databricks Data Intelligence Platform, and push analysis results back into Databricks in a single step. The process can also be automated.

The connector also allows Radar users to deploy Databricks machine learning models as part of their analysis, combining pricing models with data managed in Databricks.

Chris Halliday, senior director in WTW’s insurance consulting and technology practice, said: “The integration of Radar with Databricks gives a more efficient experience for insurers. Combining this with Radar’s existing capability to deploy Databricks machine learning models means Radar users can benefit from Databricks’ data and AI infrastructure capabilities.”

Marcela Granados, global head of insurance at Databricks, added: “With Databricks, insurers can unify all their data – structured or unstructured – into a single, governed environment ready for Radar analysis. This integration turns that data into immediate, actionable insights by connecting Radar’s advanced pricing models directly to Databricks Agent Bricks with unified governance powered by Unity Catalog. The result is faster decisions, stronger compliance and the agility to innovate confidently in a highly regulated industry.”



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