All tagged Willis Re

Is pricing agility challenging mutual values?

A revolution in data management is driving change in the way for-profit insurers are pricing risk, throwing down a challenge to the values of the mutual sector. Is now the time for Mutuals to revisit their own approach to pricing?  

This is based on an article for the  that my colleague Neil Chapman & I wrote.

Digital technology, big data and the mutual sector

Mutual and cooperative insurers have justifiable pride in the high levels of service they offer to their members. But, with improved and deeper customer relationships being a key focus for the commercial sector’s application of technology and so-called ‘big data’, are you ready to repel the threat to even long-held customers’ loyalties asks Robin Swindell.

Monte Carlo, Mutuals and More Capital

This article first appeared on the Willis Towers Watson Wire inSeptember 2013

Each year since 1957, senior management from brokers, insurers and reinsurers around the world have gathered in the Principality of Monaco, considered by many as neutral territory in the commercial clashes of the reinsurance market, as it has no indigenous insurance or reinsurance industry. This year discussions were dominated by one subject: what impact is the influx of new capital into the reinsurance sector having?