Category Archives: Reinsurance

Small business insurance offers fertile ground for InsurTech

As InsurTech continues to scythe a modernizing path through the insurance industry and disrupt traditional value chains, the $100 billion small business insurance sector is shaping up as one of the most promising for investment. Rarely out of the specialist … Continue reading →

Doctor’s conviction throws multiple patient injuries back into spotlight

In late April, UK breast surgeon Dr. Ian Paterson was found guilty of 17 counts of “wounding with intent,” throwing a spotlight on the topic of multiple patient injuries and how they affect insurers and health care providers. One bad … Continue reading →

Marketplace Realities 2017 Spring Update: The search for growth

All eyes on Washington (From the publication’s introduction by Joseph C. Peiser, Senior Editor and Head of Broking for North America) It’s like the two-minute warning in football, overtime in basketball, extra innings in baseball or, if you’re not a … Continue reading →

2017 trading conditions: The “new normal” for the energy and insurance industries?

Willis Towers Watson has just launched our 2017 Energy Market Review.  Despite an encouraging uplift during the last 12 months, the energy industry is still beset by some significant challenges, including  low oil prices, cost control pressures, workforce layoffs, onerous … Continue reading →

Unlocking resilience: The four ERM keys

“I found that just surviving was a noble fight” – Billy Joel Most companies want to do much better than “just surviving.” But the world is a dangerous and complex place. Surviving itself may be difficult, but the focus is … Continue reading →

Insurers: Is your IT ready for usage-based insurance?

Usage-based motor insurance (UBI) is generating a huge amount of interest at the moment. But are insurers’ IT infrastructure ready for it? In the space of around 15 years, 6 to 7 million American drivers have agreed to have their … Continue reading →

Managing severe thunderstorm risk: Looking beyond the weather forecast

As we reach the middle of Spring, the U.S. hail and tornado season is in full swing. March is a changeable month, in weather-terms. There’s an old saying that goes something like this: “March comes in like a lion, goes … Continue reading →

Blockchain: What risk managers need to know

There is no perhaps greater risk to our global economy in the coming years than a large-scale cyber event.  Blockchain may represent the best hope for preventing or limiting such an incident in the future.  For this, and other reasons, … Continue reading →

Changing modelers’ view of U.S. earthquake risk

What do we know and what can we expect? Those questions are ones that modelers tackle daily. Let’s start with what we know: The 2014 National Seismic Hazard Maps (NSHM) and the 2015 Uniform California Earthquake Rupture Forecast (UCERF3) describe … Continue reading →

A world on edge: Political risk in 2017

Two words capture the political climate in much of the world today: uncertainty and disruption. This is the kind of volatility that political risk insurance addresses. Continue reading →