What is RiskIQ Nexus?
RiskIQ Nexus is WTW's AI-enabled risk intelligence engine that works across broker relationships to connect and structure fragmented risk and insurance data from a range of sources. It's designed to modernize how you manage risk by uncovering new insights and empowering value-adding risk management and connecting your data to our RiskIQ analytics platform.
Stop chasing insurance data…
RiskIQ Nexus ingests risk and insurance information in any language from both WTW and non-WTW placements in formats including PDFs, spreadsheets, policy documents, emails and other sources, held by different brokers, insurers and your own systems.
Start using it
With a connected view of your premiums, policies, losses and exposures, you get a stronger foundation for better risk, insurance and financial decisions.
And because it’s connected to WTW’s RiskIQ, Nexus helps you evaluate the trade-offs between risk retention, transfer and financing, enabling more informed coverage and risk investment decisions across your portfolio.
See RiskIQ Nexus in action
Ask us about RiskIQ Nexus.
Endless risk data can take hours to collate. RiskIQ Nexus brings data together to quickly understand what insurance is in place, where it's bought from, what risk spend looks like and how programs are changing over time.John MerkovskyGlobal head of Risk and Analytics
That means less time collating data and more time turning information into insight and action to drive value.”
RiskIQ Nexus delivers AI-enabled, decision-ready risk and insurance reporting. And because you can ask the questions you need to know, the answers are bespoke to your organization. By delivering it to you in a single view, you have a more informed approach to the risk and insurance options available.
How does RiskIQ Nexus help drive value from insurance data?
RiskIQ Nexus:
How can risk, finance and insurance managers use RiskIQ Nexus?
Whether you're preparing for renewal, responding to a question from finance or reviewing your insurance portfolio performance, RiskIQ Nexus empowers you with the answers you need.
Quickly access policy information, understand where you’re spending and with which insurers. Explore how loss histories, insurer aggregations and profitability, and business segment contribute to overall portfolio risk, all without manually pulling information from multiple sources, emails or shared drives.
RiskIQ Nexus: FAQ
No. You can benefit from RiskIQ Nexus regardless of your current broker arrangements. We’ve specifically designed Nexus to bring together information from WTW and non-WTW placements, helping connect siloed data and supporting a more complete view of your insurance portfolio.
By taking a portfolio-wide view across all placements, RiskIQ Nexus helps you uncover trends, cost drivers and performance insights that may be difficult to identify when data sits in separate systems. Data from non-WTW placements remains under your control and is used only to deliver RiskIQ Nexus services, not for broking purposes.
Willis Navigator is our end-to-end client platform helping you see, manage and modify your insurance program and access the power of analytics via RiskIQ.
RiskIQ Nexus is our AI-enabled risk intelligence engine that structures and connects the data behind Willis’ analytics suite, RiskIQ. By applying your data across the full RiskIQ suite of analytics you can assess, quantify, benchmark and optimize risk across individual lines and complete risk portfolios.
- Which insurers are we buying from and what’s our total cost of risk?
- Where can we reduce risk costs, and which losses have the biggest impact on them?
- What is our claims performance?
- Which insurers generate the strongest loss ratios?
- What factors are driving cost?
- What are we buying and how is it different year-on-year?
Ready to stop chasing your risk and insurance data, and start using it?
Ask us about RiskIQ Nexus.
Already a WTW client?
Get in touch with your WTW contact to take the next step.
Not a WTW client?
Secure your demo of RiskIQ Nexus or book some time to learn more.
Your RiskIQ contact
Risk and Analytics
Modernize your risk.