Willis Towers Watson (WTW) has announced that HTC Global Services has joined its Radar Live Collaboration program. HTC brings insurance-focused system integration expertise and extensive knowledge of regional market needs to the program.
Radar Live is a price-delivery and decision engine platform tailored to the P&C and life markets. It allows insurers, brokers and intermediaries to develop rates, rules, adjustments and decision engines and deploy them directly into their operations. This allows companies to cut their time-to-market from days to minutes, enabling quick reactions to market developments.
HTC’s domain and digital transformation delivery expertise will help insurers, MGAs and intermediaries rapidly implement Radar Live pricing, rules and decision support into their portfolio management, pricing and claims decision workflows, Willis Towers Watson said.
“Radar Live is a complete solution in the market for insurers looking to achieve operational efficiency by cutting time and costs of rate implementation,” said Manny Beddi, director of insurance practice for HTC Global Services. “Combining HTC’s expert system-integration capabilities with Radar Live redefines our combined value proposition in a new, flexible insurance ecosystem, where innovation, agility and scalability are essential to improving performance that meets the evolving needs of clients.”
“We are delighted that HTC has joined our Radar Live Collaboration program,” said Andrew Harley, director at Willis Towers Watson. “HTC has invaluable expertise in delivering and integrating emerging technologies that perfectly complement the capabilities of Radar Live and will help to drive significant value to our mutual customers across the world.”