Willis, a WTW business, (NASDAQ:WTW) today announced the launch of Gemini, the first digital facility designed to deliver sustainable capacity locally to clients across their insurance portfolios. This innovative solution addresses the increasing complexity of risk and market volatility, providing clients with greater confidence in outcomes, even in challenging conditions.
“Gemini represents a significant advancement in our ability to support clients with robust and reliable capacity,” said Simon Delchar, Global Head of Placement at Willis.
“Gemini is supported by Lloyd’s syndicates and follows the local lead market for coverage, claims and premium, but with a discount of 2.5% on lead pricing. Gemini is delivered via the Willis Broking Platform, which will automatically offer capacity of up to 12.5% of whole to all in scope placements as soon as the lead line is negotiated.”
Key features of Gemini include:
• Backed by A+ (AM Best) rated Lloyd’s syndicates.
• Competitive pricing offering clients a guaranteed discount
• Substantial capacity available for any in scope risk, regardless of complexity.
• Auto-approval to follow lead quotes, enabling quick deployment of capacity.
• Reduced complexity in claims management by following lead claims settlements.
• Dedicated, pre-arranged, stable capacity, building confidence with year-to-year program renewals.
Gemini is exclusive to Willis Clients and available for risks incepting from 1st September 2025.
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net
The latest case report from the HSE; A property management company has been fined and its director handed a suspended sentence after an 18-year-old apprentice was killed whilst working at a property in Bangor, North […]
There is still growth to be had in GI says a new report from GlobalData; The UK general insurance industry is projected to grow at a compound annual growth rate (CAGR) of 5.0% from GBP92.9 […]
Last month, according to Newsweek, hackers tried to hold the Argentine government to ransom, by disrupting its migration and border control software system. On that occasion the ransom was reportedly not paid. Today IE is […]
Be the first to comment