Willis Towers Watson announced today that HTC Global Services has joined its Radar Live Collaboration programme. HTC brings market-leading
insurance-focused system integration expertise to the programme, with extensive knowledge of regional market needs.
Radar Live is a cutting-edge price delivery and decision engine platform tailored to both P&C and Life markets. The software technology allows insurers, brokers and intermediaries to quickly and easily develop rates, rules, adjustments and decision engines and deploy them directly into their operations for real time execution. This ensures companies can develop sophisticated pricing and decisioning strategies and cut
their time-to-market from days to minutes, enabling quick reaction to market developments, while providing greatly improved accuracy of rate deployment and operational efficiency.
HTC’s extensive domain and digital transformation delivery expertise will significantly help insurers, MGAs and intermediaries to rapidly implement Radar Live pricing, rules and decision support into their portfolio management, pricing and claims decision workflow processes.
Manny Bedi, Director of Insurance Practice, HTC Global Services, 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. 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.”
Andrew Harley, Director at Willis Towers Watson, said: “We are delighted that HTC has joined our Radar Live Collaboration programme. 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.”