About WTW's Health Workbench
Our Workbench offers an integrated front-end for health underwriters and pricing actuaries that can be easily configured to meet your specific needs, helping you make better underwriting decisions in a fraction of the time.
It will help you:
- Significantly reduce time and effort by using AI, automated processes, data integration and end-to-end task management to eliminate silos and rekeying
- Make better pricing and underwriting decisions through increased pricing sophistication, the use of predictive models and surfacing portfolio level insights, all in a single interface
- Enable robust governance and auditability of pricing and underwriting decisions
- Improve underwriting margin by pricing more effectively, whilst also reducing operating costs
Our Workbench is built on Microsoft Power Platform, leveraging its industry leading low-code and AI capabilities out of the box and enhancing those capabilities with our own custom controls. Sophisticated pricing and analytics is delivered by WTW’s award-winning Radar software that integrates seamlessly with the front end.
Transform health underwriting with WTW Radar and Power Platform
Accelerate return on your investment by partnering with WTW a company that blends deep pricing and underwriting expertise with cutting-edge technology solutions to deliver real business outcomes.
With our Health Workbench you have the reassurance of:
- A unique blend of deep health domain experts and leading software developers with experience of designing and implementing pricing and underwriting solutions
- A pre-built health Workbench, that can be customised to your specific needs, significantly derisking and accelerating implementation, while giving you the flexibility to align the solution to your business needs
- A trusted partner with strategic insight, commitment and experience to truly transform your business.
The solution offers a range of features that you can benefit from:
- Intuitive workflow, task management and tracking of all communication with sales teams and brokers
- Flexible benefit plan configuration, supporting multiple currencies and geographies
- Ingestion of census data and mapping to benefit plans
- Exposure rating using the latest Generalised Linear Models (GLMs) and machine learning capabilities of Radar
- Leverages the rich AI capabilities of Microsoft’s Power Platform
- Experience rating
- Automated quote document generation
