WTW

Insurance technology software and advisory for global insurers and risk managers.

Underwriting & Risk Enterprise Public

Overview

WTW (Willis Towers Watson) is an insurance pricing, underwriting analytics, and consulting software provider for carriers and reinsurers worldwide. Operating under the Insurance Consulting and Technology division, the company delivers software platforms and advisory services that help insurers make data-driven decisions across pricing, underwriting, and claims. WTW is publicly traded on NASDAQ (WLTW) with approximately 48,900 employees and 2024 revenue of USD 9.93 billion.

The company's flagship offering is the Radar suite, a rating and analytics platform used by over 500 insurers to optimize pricing models, deploy underwriting rules, and analyze claims performance. Radar 5, released in 2025, added generative AI capabilities and native integrations with Databricks and Snowflake. In February 2025, WTW introduced an accelerator integration between Radar and Guidewire PolicyCenter, enabling market price updates in minutes rather than weeks.

WTW's Insurance Consulting and Technology division counts 23 of the 25 largest global insurance groups among its clients, representing a broad base across personal lines, commercial lines, and specialty. The division has posted consistent organic revenue growth driven by software sales and expanded use of analytics platforms across existing accounts.

Products & Services

Radar Suite

Radar is WTW's core rating, analytics, and model deployment platform for insurers. It supports pricing optimization, underwriting decision-making, and claims analytics across personal and commercial lines.

Key Features

Real-time risk analytics and pricing optimization across personal and commercial lines
Generative AI for automated experience monitoring (Radar 5, 2025)
Native integrations with Databricks and Snowflake for cloud data workflows
High-scale architecture processing billions of quotes per day
Auditable model governance and transparency tools

Target Users: Pricing actuaries, underwriters, and analytics teams at carriers and reinsurers

Radar Fusion

Launched December 2025, Radar Fusion automates commercial underwriting by triaging, routing, and prioritizing incoming risks. It handles straightforward submissions automatically while escalating complex risks to underwriters.

Key Features

Automated triage and routing for commercial submissions
Risk prioritization algorithms to reduce manual underwriter workload
Integration with existing Radar analytics models

Target Users: Commercial lines underwriters and operations teams

Radar Pricing and Underwriting Accelerator for Guidewire

Announced February 2025, this integration connects Radar to Guidewire PolicyCenter, reducing market price update cycles from weeks to minutes.

Key Features

Direct bridge between Radar pricing models and Guidewire PolicyCenter
Accelerated speed-to-market for pricing changes
Reduces IT dependency for routine pricing updates

Target Users: Carriers running Guidewire PolicyCenter

Insurance Consulting and Advisory

WTW provides outsourced actuarial functions, digital transformation services, and risk consulting for carriers across commercial and specialty lines.

Key Features

Fully outsourced actuarial function for mid-market insurers
Digital transformation program design and delivery
Risk consulting for commercial and specialty lines portfolios

Target Users: CFOs, Chief Actuaries, and operations executives at carriers

At a Glance

Founded: 1828
Headquarters: London, United Kingdom
Employees: 1000+
Funding: Public

Category & Focus

Category: Underwriting & Risk
Subcategories: Pricing Analytics Underwriting Automation Actuarial Tools Claims Analytics
Insurance Verticals: P&C Personal P&C Commercial Specialty/E&S Reinsurance
Target Customers: Carriers, Reinsurers, MGAs/MGUs