Integrated consulting and risk transfer
Insurers do not think capital belongs in a silo but, rather, tie it to the risks the business is running. So they view risk management and capital management as joined.
A holistic view of risk and capital management offers important benefits such as capital efficiency and improved business performance. Traditional transactional approaches to reinsurance brokerage don’t fully achieve these advantages.
Towers Watson’s brokerage services are part of an integrated approach to risk and capital management that we call RiskCapital SolutionsSM. We evaluate your risk and risk appetite, and use reinsurance to help improve your risk profile with positive rating agency implications and the potential for better reinsurance rates. In turn, you can offer more competitive and profitable pricing and products to your customers.
Why Towers Watson?
Towers Watson offers a distinctive combination of reinsurance intermediary services, risk management expertise, industry knowledge and analytical rigor.
Our analytics apply actuarial and other risk management techniques within a corporate finance framework to help you manage cost, risk and return.
Towers Watson’s solutions help you improve your risk profile and accelerate value creation to:
- Better understand your risk profile and risk drivers
- Improve business performance with a more holistic view of risk
- Use capital more efficiently to maximize and match returns to risk appetite
- Respond to changing regulatory/rating agency and economic views of capital
- Improve positioning with rating agencies
- Improve execution and efficiency of reinsurance and other risk transfer transactions
- Reduce future reinsurance costs by better managing risk
Towers Watson’s Igloo financial modeling software is one of the industry’s leading modeling platforms, with approximately 750 licensees worldwide.