Solutions for Life
Empowering life insurers with integrated software and expert consulting for financial transformation.
Executive Summary
Solutions for Life is a comprehensive, integrated portfolio of software tools and consulting services specifically designed for life insurers. It provides cutting-edge solutions across critical areas such as financial modeling, risk management, and actuarial processes, aiming to drive financial transformation. The offering focuses on balancing cost, precision, and maintenance within insurance operations. This portfolio combines best-of-breed software tools with flexible infrastructure and world-class advisory and support services. It enables clients to accelerate complex financial modeling, optimize risk and actuarial processes, and implement strategic process improvements from roadmap to reality. The platform supports governance, security, and maximizes integration through APIs and open data formats, connecting to various industry-standard file formats and third-party software.
Use Cases
- Accelerating financial modeling for life insurers
- Optimizing risk and actuarial processes for life insurers
- Driving life financial transformation and balancing cost vs. precision vs. maintenance
- Steering process improvements in life insurance operations
Features
Intelligence
- Financial Modeling Acceleration: Provides on-demand, scalable power to accelerate complex financial modeling for life insurers.
- Actuarial Process Optimization: Ensures efficient and streamlined risk and actuarial processes.
Support
- Advisory Services: Expert guidance and strategic consulting from world-class advisors.
- Technical Support: Comprehensive support services for software tools and infrastructure.
Technical Specifications
- Architecture
- Integrated software tools with flexible infrastructure, supporting multi-user access and open data formats.
- Deployment
- SaaS
- API Available
- Yes
Infrastructure
- Azure
Integrations
- WTW solutions
- Third-party software
- Vendor systems
- Carrier systems
Security & Compliance
Certifications: ISO 27001, NIST CSF, GDPR, SOC 2
Encryption: Data encryption at rest and in transit
Pricing
- Target Customer
- Enterprise
About WTW
WTW is a British-American multinational advisory, broking, and solutions company that provides data-driven, insight-led solutions in the areas of people, risk, and capital. They help organizations manage risk, optimize benefits, cultivate talent, and maximize performance through commercial insurance brokerage, risk advisory, employee benefits and rewards consulting, retirement and actuarial services, and investment advice.