WTW has today launched its new Risk Intelligence Quantified, or Risk IQ, portal.
The new tool provides on-demand and direct access to WTW’s modelling tools, allowing businesses to quantify and analyse ever-changing risks and all major insurable renewals, while also dynamically assessing and evaluating combinations of risk transfer efficiency and risk levels.
The platform provides risk specialists with access to WTW’s Global Peril Diagnostic; Climate Diagnostic; Workers’ Compensation Diagnostic; Property Quantified; D&O Quantified; and Risk Tolerance Clarified.
John Merkovsky, global head of data and analytics at WTW said: “From entering new markets and stress testing business scenarios, to assessing M&A activity, Risk IQ empowers risk specialists to understand and navigate their business’s risk portfolio. Not only does the platform enhance decision making across the risk management process, Risk IQ also ultimately puts risk managers in control of their analytic outputs, providing organisations with the ability to run business critical scenarios and prepare for potential losses.”
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