2026-09-28 · Source: Reinsurance News
Summary in 3 Points • WTW has launched Radar AI Assistant to enhance insurance portfolio management with natural language capabilities. • The AI tool provides real-time insights for pricing, underwriting, and claims management teams. • Radar AI Assistant consolidates multiple risk signals to support informed decision-making in insurance. --- WTW has introduced the Radar AI Assistant, a new feature within Radar Vision aimed at improving insurance portfolio management. This tool allows teams in pricing, underwriting, and claims to identify emerging issues and uncover hidden patterns in their data, delivering actionable insights in real-time. It also clarifies the drivers behind these insights, facilitating recommended actions for pricing and underwriting. The development of the AI assistant involved WTW's consulting team, ensuring that the tool is tailored for the insurance sector rather than being a generic AI solution. Pardeep Bassi, Global Proposition Leader at WTW, emphasised that the assistant can consolidate various early risk signals into a more reliable view, enabling underwriters and portfolio managers to act confidently and maintain a competitive edge. For the London Insurance Market, the introduction of Radar AI Assistant could significantly impact the underwriting process, particularly for firms like Lloyd's of London, which relies on precise risk assessment.
For the London Insurance Market, the introduction of Radar AI Assistant could significantly impact the underwriting process, particularly for firms like Lloyd's of London, which relies on precise risk assessment.