Peer Analytics

The Analytical Broker journey starts with a comprehensive view of Peer Analytics.  At Willis Towers Watson, we envision benchmarking as an essential element of your holistic risk evaluation. Peer Analytics leverages broking data and analytics through a diagnostic process to better understand your specific risk profile and how the insurance markets view your risk.

Peer Analytics will be your entry point to analytical risk decision support with strategic alignment to the world of data and quantitative capabilities within Willis Towers Watson. We present your comprehensive risk profile through innovative, technology-enabled benchmarking.

Support capabilities in development include:

  • Benchmarking your current insurance program (rate, retention, limit) against risk specific peers.
  • Highlighting key problem areas in your current insurance program through frequency and severity benchmarking and market analytics.
  • Providing risk adjusted alternatives where appropriate.
  • Providing the stepping stone to applicable Core Analytics offerings for deeper analysis of specific problem areas.

Why should you use Peer Analytics?

  • Use it to align risk-specific benchmarking to the client journey around risk mitigation strategies.
  • Use it to diagnose problems within coverage, exposure, and loss. These initial findings become entry points to additional analytical capabilities within Willis Towers Watson.

For whom is it appropriate?

  • Peer Analytics is appropriate for all clients to demonstrate how relevant coverage, exposure, and loss metrics benchmark against a well-defined, risk appropriate peer group.

What geographies does this tool support?

  • Peer Analytics will evolve globally as local business needs dictate.

When should you use Peer Analytics?

  • Use this tool to begin the client journey by diagnosing areas of concern around risk mitigation through risk specific benchmarking.

What can you do with the information gained from Peer Analytics?

  • Begin the discussion around risk mitigation strategies with stepping stones to other Core Analytics and consulting engagement capabilities where appropriate.