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Solution

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.
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Better property risk decisions start with better insight.

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.​

Combining engineering expertise, analytical insight and local knowledge to help you manage property risk with confidence.

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.

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

Why Willis?​

Specialist risk insight, powered by data and local expertise​

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.

Explore more

Get more value from your property risk and insurance spend.

Generate more value from your property risk and insurance spend with our global team of analytically enabled risk engineering specialists.

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.

Risk Engineering contacts

Christopher Mulligan

Head of Engineering, Retail

Balvinder Sohi, Practice Leader – Property Risk Engineering

Balvinder Sohi

Practice Leader – Property Risk Engineering

Mark Field, Deputy Practice Leader – Property Risk Engineering - GB Retail

Mark Field

Deputy Practice Leader – Property Risk Engineering - GB Retail

Webinars​

Outsmarting Uncertainty webinar series​

WTW expert webinars for sophisticated risk leaders, insurance buyers and finance professionals.​

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Risk and Insurance Optimization

You can make your risk-spend work harder, achieve greater resilience and make more informed decisions with insight, data and analytics from Willis. We help you make the most of opportunities to save in softening markets.