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Risk Engineering

Get better insight, measurable improvements into your total cost of risk and stronger resilience from our data-enabled analytical team of global risk engineering specialists.

Manage your property portfolio risks more effectively and cost-efficiently with our advanced data analytics, regional expertise and global engineering platform that consolidates your property risk portfolio data in one place.

With data-driven evidence, we enable you to make more informed decisions and unlock capital for risk improvements, building more resilient and transparent operations. You can better identify potential risks and weaknesses and deliver the controls that deliver better resilience.

We transform our talent, tools and technology into a better return on your risk investment through:

Elevate your ability to identify potential risks and develop more targeted mitigation strategies.
Through our proprietary data and multidisciplinary expertise we can identify, assess and mitigate complex risks and deliver future-focused solutions.
Innovative technology that digitizes data from across your global footprint, providing visibility and actionable risk management insights.
Our risk engineers are local experts with a deep understanding of regional regulations, risk factors and insurance markets.

Join the large, complex and multinational businesses with extensive property portfolios already benefiting from our global risk engineering specialists.

Get a better view of your property risk portfolio

WTW's Global Risk Engineering platform digitizes all aspects of your property portfolio in one tool. Benchmark, risk score and identify locations that require additional investment to reduce risk.

Our technology helps alert you to issues and vulnerabilities, duplications, gaps and exposures. You can move beyond disparate systems, incomplete data sets and inefficient pdf reports and Excel spreadsheets to discover a seamless way to manage construction, occupancy, protection and exposure COPE information digitally.

It’s easier to unlock the resources you need for risk mitigation or risk transfer with robust, analytical insight on-demand. With our dynamic data dashboards, you can summarize key insights, drill down into richer detail and customize for your finance, treasury and Board member audiences.

How can you get better ROI on your capital expenditure allocations and risk spend?

Our Global Risk Engineering team builds our services around what your global business needs. We offer both single-site and portfolio-level assessments, either via on-site or desktop evaluations.

With nearly 200 risk engineers operating in 30 countries, across North America, Europe, Middle East and Africa, Asia Pacific and Latin America, we bring together global expertise with local specialization.

We unite property and casualty risk control expertise with data science, decision support tools, sector and industry-specific knowledge to optimize your risk management, improve resilience and maximize your return on investment.

We’re curious and focused on your future.

For example, we’re not only here to recommend the most effective fire suppression systems for each site or better ways of managing hazardous materials. We give an analytical view on potential future losses and emerging risks.

How can you get a better insurance outcome with WTW's global risk engineering?

Proactive engagement with our risk engineers supports reduced claims and could lead to lower premiums and more competitive coverage terms. Through data and insights from Willis’ risk engineering community, you will be more informed with data and insights you can leverage for more strategic risk management decisions.

By leading a specialized approach to deliver a more efficient capital allocation we leave you with a more focused resource allocation which may lead to greater competitive advantage. By optimizing your resource use we can drive you to a more strategic and aligned focus on the future of your organization.

We give you risk engineering resources and technical subject matter expertise and local know-how to present a compelling picture of your risk to insurers.

How can you discover better ROI with global risk engineering technology and analytics?

Risk and Analytics at Willis connects you to risk engineering specialists enabled by advanced digital capabilities and powerful risk analytics. This is about driving out inefficiencies, refining your risk management and generating a stronger return on investment.

Global Engineering Platform (GEP) lets you compose loss prevention survey reports and harvest important COPE and exposure data for each of your sites. The GEP tool is fully customizable with specific user prompts to provide consistent report format and technical and underwriting content.
Dynamic TCOR presents a holistic, concise view of your total cost of insurable risk (TCOR), capturing known costs and expected retained losses for all major coverages within your insurance portfolio. Our proprietary suite of risk-specific models simulate loss outcomes at the full range of likelihood levels, demonstrating potential TCOR volatility and enabling you to better evaluate the most efficient risk transfer strategies.
Global Peril Diagnostic is our geospatial risk tool designed to help you identify and proactively manage risks across your global asset footprint. You can go beyond static catastrophe risk analytics to evaluate 12 natural perils, terrorism and pandemic perils that put your business at risk dynamically and in real time.
Climate Diagnostic is our dynamic model allowing you to evaluate an entire global geographic footprint against climate change scenarios. By looking into the impact of acute hazards, such as extreme wind and flood, we can show you how these changes may affect your property portfolio, your business and your supply chain.
Property Quantified quantifies global property loss potential from both catastrophe-driven and non-catastrophe perils, facilitating insurance optimization by evaluating risk transfer strategies.

To generate more value from your property risk and insurance spend with our global team of analytically enabled risk engineering specialists, get in touch.

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Related Risk Engineering solutions

Risk and Analytics
Climate Risk
Claims

Products related to Risk Engineering

SoftwareGlobal Peril Diagnostic
Global Peril DiagnosticManage risk to operations, assets and supply chains from wildfires, tropical storms, terror and other natural catastrophe and climate perils with predictive modeling and real-time alerts. Product Information
SoftwareProperty Quantified
Property QuantifiedOptimize property risk transfer spend. Quantify global property loss potential from both catastrophe and non-catastrophe hazards and evaluate your insurance strategy on one digital platform.Product Information
SoftwareDynamic TCOR
Dynamic TCORDynamic TCOR presents a holistic, concise view of your total cost of insurable risk across all classes of insurance.Product Information
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