ARLINGTON, VA, October 30, 2023 — WTW (NASDAQ: WTW), a global advisory, broking, and solutions company, announced that it has partnered with CSAA Insurance Group to license WTW’s Radar software. Radar enables predictive modeling of the creation of pricing and underwriting scenario impacts on key performance indicators, both at a simple level or with complex multi-period, multi-product projections.
“Radar allows companies to maximize the value of their data using the latest analytical machine-learning approaches to improve pricing, claims, and underwriting performance.”
Laura Doddington | Head of Personal Lines Insurance Consulting and Technology, WTW North America
“Radar allows companies to maximize the value of their data using the latest analytical machine-learning approaches to improve pricing, claims, and underwriting performance,” said Laura Doddington, Head of Personal Lines Insurance Consulting and Technology, WTW North America. “Radar reduces the time it takes to make underwriting and pricing decisions. It increases analytics transparency, providing companies with a trusted, proven, and secure solution.”
Radar enables the ability to perform advanced competitive market analysis and identify weaknesses and cross-subsidies in current or proposed pricing structures. Radar also supports fair pricing assessments throughout the insurance value chain and across various business lines, including personal, commercial, life, accident, and health insurance.
“We continuously challenge ourselves to find innovative ways to better serve our customers,” said Todd Walker, chief actuary for CSAA Insurance Group. “From quoting to claims resolution, we are committed to pursuing software solutions that offer a superior insurance experience, Radar, and we look forward to partnering with WTW.”
For more information, visit WTW.
WTW’s Insurance Consulting and Technology business serves the insurance industry with a powerful combination of advisory services and leading-edge technology. Our mission is to innovate and transform insurance, and we deliver solutions that help clients better select, finance, and manage risk and capital.
We work with clients of all sizes globally, including most of the world’s leading insurance groups. Over 1,000 client companies use our specialist insurance software on six continents. With over 1,700 colleagues in 35 markets, we continually strive to be a partner and employer of choice to the insurance industry.
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions for people, risk, and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce, and maximize performance.
Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide a perspective that moves you.
CSAA Insurance Group, a AAA Insurer, offers automobile, homeowners, and other personal lines of insurance to AAA Members through AAA clubs in 23 states and the District of Columbia. Founded in 1914, the company has been rated “A” or better by AM Best for over 90 years. It is one of the top personal lines property casualty insurance groups in the United States, according to the National Association of Insurance Commissioners. The company has been repeatedly named one of the 50 most community-minded companies in America by Points of Light.
