Aerial view of highway at night

How will automation, AI and other technologies change the insurance industry as we know it? Two expert opinions

January — Alice Underwood and Dave Ovenden share how technology is impacting the insurance industry and what to expect in the years to come.

woman holding a smartphone

Volatility and profitability: the possible consequences of tax reform on insurers

February — The Tax Cuts and Jobs Act has introduced an element of volatility into the insurance industry. Learn about the possible consequences on insurers.

Aerial view of river

Variable annuities: Market pressures push the case for model sophistication

January — Our latest annuity pricing survey shows that — while model sophistication has generally advanced in recent years in areas such as the projection of hedging strategies, stochastic reserves and capital, and the use of predictive analytics for policyholder behavior — considerable variation in practices still exists among different organizations.

aerial view of country

Four key steps to business strategy for CROs

January — Enterprise risk management (ERM) strategy goes beyond planning and budgeting. Find out the four important stages of strategic ERM.

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Quarterly InsurTech Briefing Q3 2018: A new insurance paradigm —
event-based insurance

December — More than $1.3 billion of InsurTech funding was completed during Q3 2018, double the figure from the previous quarter. This in-depth report focuses on event-based, or “parametric,” insurance and explores whether it’s a niche product or a Trojan horse that can simplify and fundamentally change the industry.

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Editor's picks

Video: Next level data analytics

January — In an interview with A.M. BestTV, Katey Walker discusses how data and analytics are transforming the insurance industry. Also, she pinpoints some of the top analytics challenges for insurance companies.

Willis Re Summary of Catastrophe Events

January — The insured loss estimates from major natural catastrophes in 2018 of about $71.5 billion are one of the highest since the 2011 annual market losses of $120 billion. This report summarizes economic and insured losses from last year’s major natural disasters.

Podcast: Introduction to A Year in the Life of the Strategic CRO

January — Dave Ingram and Mike Wilkinson introduce their blogpost series, A Year in the Life of the Strategic CRO. Based on interview findings, they share how chief risk officers can become more strategic and successful.

Willis Re 1st View January 2019: Contrasting Realities

January — Reinsurance placements at January 1 highlight a pricing gap between accounts with peak peril exposures or poor loss records and the rest, with many reinsurers placing emphasis on the quality of client counterparties.

Commercial Lines Insurance Pricing Survey, Q3 2018

December — Commercial insurance prices increased by over 2% in the third quarter of 2018. Three lines — commercial auto, commercial property and excess/umbrella liability — showed price increases.

The P&C reinsurance landscape

December — Learn key terms and concepts associated with P&C reinsurance.

In the news

Latest release of Radar capable of fitting machine learning models six times faster

December 11 — Willis Towers Watson announced the launch of the latest version of its innovative Radar software. With the speed of change and disruption across markets and products accelerating, Radar 4.2 gives insurers a future-proofed solution designed to achieve agile, sophisticated pricing and a new level of market responsiveness and analytical sophistication.

Upcoming events

Meet our expert team:

ReFocus Conference 2019
March 10 – 13, Las Vegas, NV

American Council of Life Insurers (ACLI) Financial and Investment Roundtable
March 20 – 23, San Antonio, TX

2019 Ratemaking, Product and Modeling (RPM) Seminar, Booth #13 – 14
March 25 – 27, Boston, MA

InsurTech conference: Peril or opportunity — how prepared are you?
Thursday, May 9
Altman Building
135 W 18th Street, New York, NY
For more information, contact Kristin Scaringi.

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