Willis Towers Watson News

Survey: Claims, Customer Service and Underwriting Main Focus of Insurer Data Analytics

Three frontrunners lead US property & casualty (P&C) insurers’ priorities for data and advanced analytics: customer experience; claims management; and telematics data for pricing, customer selection and product design. This finding, and the growing range of data sources that insurers …

Business News: AIG, Willis Towers Watson, Betterview

AIG Introduces Blackboard, New Brand for Data Enabled, Digital Subsidiary American International Group, Inc. introduced Blackboard, the new brand name and logo for its technology-focused subsidiary, formerly operating under the Hamilton USA brand. AIG completed the acquisition of Hamilton USA …

Business News: CCC, Willis Towers Watson, Startupbootcamp

CCC Announces New Platform Connecting OEMS to Insurers CCC Information Services Inc. and its affiliates (CCC) announced the general availability of the CCC ONE Platform for OEMs, a hyperscale platform that creates a single connection between Original Equipment Manufacturers (OEMs) …

Majority of U.S. Firms Confident of Cyber Protection Despite Naive Employees

Nearly three-quarters of U.S. businesses believe their organizations are highly protected from attempts by outsiders to gain access to their systems and data, according to a survey by global advisory, broking and solutions company Willis Towers Watson. A similar proportion …

Business News: Smooth Waters, Swiss Re Capital Markets, Willis Towers Watson

RSG Underwriting Managers (RSGUM) announced the formation of Smooth Waters, LLC, an independent marine insurance consultancy and claims adjusting company and part of RSGUM’s growing Marine Practice. Smooth Waters, LLC serves as a consulting and claims adjusting company for the …

People News: CNA, Willis Towers Watson, NCCI, RMS

Robusto To Assume Role Of CNA’s Chairman And CEO CNA Financial Corporation announced that Dino E. Robusto will assume the role of chairman and chief executive officer on November 21, 2016, succeeding Thomas F. Motamed, who is retiring after eight …

Lack of New Employee Training Can Impact Businesses’ Cyber Risk

Organizations experiencing data breaches are judged by their employees as lacking a learning culture and failing to put the customer at the center of business activity, according to a new analysis from global advisory, broking and solutions company Willis Towers …

Survey Finds Uptick in Use of Predictive Analytics by P/C Carriers

Over the next two years, many property/casualty insurers expect to advance their use of predictive analytics to both improve business performance and leverage big data, according to Willis Towers Watson, a global advisory, broking and solutions company. This seemingly makes …