Zurich expands use of WTW’s Radar platform

Zurich  has signed a global agreement to deploy WTW’s Radar software across its target retail markets to improve pricing and risk selection.

The agreement expands an existing arrangement under which Zurich had introduced Radar across its main retail lines in several countries. The broader deployment will give Zurich a centralized platform for pricing analysis, monitoring and decisions across markets.

Financial terms and a deployment timeline were not disclosed.

“Improved pricing sophistication and risk selection are critical to long-term profitability in retail. WTW brings proven knowledge and reliability, and Radar offers a market-leading pricing platform, global adoption and ease of scaling through a centralized tech infrastructure. We look forward to further capitalizing on WTW’s expertise.” – Soledad Mune, Group Head of Retail Transformation, Zurich.