Willis Towers Watson launches property loss modeling platform
Willis Towers Watson Public Limited Company - Ordinary Shares (WLTW)
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Source: GlobeNewswire
ARLINGTON, Va., Sept. 19, 2018 (GLOBE NEWSWIRE) -- Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, today announced Property Quantified, a first-of-its-kind technology platform to help organizations analyze potential property losses across a global portfolio with the aim of optimizing risk transfer and insurance strategies. The company will introduce the product at the RIMS Canada 2018 Conference on September 23 in St. John’s, Canada. Unlike single-peril models, Property Quantified models multiple perils in a single platform, including both catastrophe risks such as earthquake and hurricane and all other loss types such as fire and vandalism for organizations with physical locations anywhere in the world. The tool leverages Willis Towers Watson’s proprietary algorithms and industry-leading vendor models to deliver loss projections and assess insurance strategies in financial terms. The web-based, interactive platform allows users to m
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