WTW

Overview

Graded on the Insurance Consulting and Technology division of the global broking and advisory group WTW, which licenses named software products to insurers rather than only selling consulting. That division has more than 1,700 colleagues across 35 markets and states that over 1,000 client companies use its insurance software on six continents, including most of the world's leading insurance groups, backed by roughly 30 years of investment in analytics. The pricing suite is the historical incumbent in actuarial pricing software. Radar Base is the modeling and reporting environment, Radar Dashboard distributes pricing management information, Radar Optimizer performs price optimization, and Radar Live delivers rates into production as a full rating engine replacement scalable to billions of quotes a day. Emblem, licensed alongside Radar Base, fits generalized linear models and a range of machine learning and predictive models to large and complex datasets, and Classifier categorizes and assesses risk by geography. Radar 4 added gradient boosting machines and classification models built directly inside the decision support environment without programming. Radar 5, launched October 2025 under senior director Chris Halliday and global insurance technology leader Duncan Anderson, added generative capability applied to unstructured data in claims and underwriting, augmented underwriting technology, and enhanced hosted delivery, and was described by the company as the first of many planned releases across its insurance software. The environment supports joint deployment of customer written Python models alongside its own, with stated governance requirements for deploying open source code and retention of historic models for policy adjustments and regulatory purposes. Named users include Manitoba Public Insurance, which adopted Radar and Emblem for generalized linear model ratemaking.

Details

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