Willis Towers Watson’s Insurance Consulting and Technology business releases MuleSoft Certified Connector for Radar Live to simplify connectivity and enable organizations to create customer experiences faster
ARLINGTON, VA, September 21, 2020 — Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, today announced that its Insurance Consulting and Technology business has joined the MuleSoft Technology Partner Program. This collaboration will allow MuleSoft insurance clients to accelerate the adoption of Radar Live, Willis Towers Watson’s real-time rating solution and decision engine.
Willis Towers Watson has also contributed to MuleSoft’s partner ecosystem by releasing a MuleSoft Certified Connector for Radar Live. The Radar Live connector enables organizations to integrate Willis Towers Watson’s point-of-quote insurance rating and decision engine quickly and easily with data from any system — no matter where it resides — and will be available in MuleSoft’s Anypoint Exchange for all Anypoint Platform users to access.
MuleSoft is the latest vendor to join Willis Towers Watson’s global Radar Live Collaboration program. The program facilitates faster integrations with Radar Live through an ecosystem of leading insurance software houses.
New data sources and the accessibility of machine learning algorithms have heightened expected analytics performance and the level of sophistication in automated decision making. Concurrently, consumers’ demands for online and mobile insurance quotes for comparison along with their expectation of fast claim settlements have driven the need for real-time pricing and decision making.
“Radar Live allows insurers to meet these demands head-on,” said Andrew Harley, senior director, Insurance Consulting and Technology, Willis Towers Watson. “Insurers can quickly gain a deep understanding of pricing, underwriting and claim dynamics, while reducing risk exposure, and rapidly deploy simple, rules-based models or advance machine learning algorithms through a well-governed, managed process.”
“Digital transformation has universally become a strategic imperative for businesses, and integration challenges are often what holds the majority of them back,” said Brian Miller, senior vice president of business development, MuleSoft. “Technology partner integrations with MuleSoft’s Anypoint Platform simplify connectivity, empower organizations to unlock business capabilities and build a resulting application network. This partnership will further enable our mutual customers to realize speed, agility and innovation at scale by eliminating time spent on complicated integration projects.”
MuleSoft’s Anypoint PlatformTM is the world’s number one integration and application programming interface (API) platform. It uniquely allows organizations to use API-led connectivity to unlock their data, empower their business with productized APIs and create connected experiences faster. Anypoint Platform is the only solution that offers a single, unified platform for integration-platform-as-a-service (iPaaS) and full life cycle API management, both on premises and in the cloud.
Radar Live is point-of-sale insurance rating software that builds on, and completely integrates with, Willis Towers Watson’s analytical software Emblem, Classifier, Radar Base and Radar Optimizer. It harnesses the analysis of this software by directly using insurance pricing models developed by analysts and replicating their results exactly in a calculation engine that interfaces with existing IT administration systems. Learn more about Radar Live.
Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving in more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Together, we unlock potential.
