WTW, Liberty and Markel team up on complex specialty risks digital trading platform

Digital encryption key

WTW has staked its claim for a “step-change” in digital trading as it unveiled a collaboration with Liberty Specialty Markets and Markel launching the pilot phase of a commercial insurance platform.

The global giant set out that using globally-recognised data standards, the platform has been designed to enable multiple insurers and brokers to trade complex specialty risks in real time.

WTW detailed that the offering covers renewals and new business across short-tail and long-tail product lines.

According to WTW, inflexible legacy systems and incompatible digital practices can often lead to fragmented end-to-end operations.

It argued that digital connectivity and trading of commercial

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

My Insurance Downtime: Clear Group’s Dawn Dalby

Clear Group’s Dawn Dalby offers us a window into her life outside of insurance including her addiction to Married At First Sight, becoming a fan of Jeffrey Archer during jury service when 19 and a preference for winter comfort food.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: