Willis Launches Willis DataWizeSM, powered by Riskonnect®
New Enterprise-class Risk Management Information System the Product of Willis-Riskonnect Strategic Alliance;
Willis DataWizeSM Gives Clients a Better
Way to Track, Manage and Control Risk
NEW YORK, April 14, 2010 — Willis Group Holdings (NYSE: WSH), the global insurance broker, today announced
the launch of Willis DataWizeSM, powered by Riskonnect®, an enterprise-class Risk Management Information System (RMIS) that
gives companies of all sizes a better way to track, manage and control their risks and
achieve better outcomes.
The product of Willis’ strategic alliance with Riskonnect, Inc., a leading independent provider of risk management technology,
Willis DataWizeSM responds to growing demand from clients for a technology solution that enables them to
make better risk management decisions. Available to Willis clients in North America, Willis DataWizeSM is a
natural extension of the consulting services offered by the Willis Strategic Outcomes Practice, the claim advocacy,
risk control and data analytic resource of Willis North America.
“Willis focuses all of its attention on being the best advocate possible for our clients,” said Don
Bailey, Chairman and CEO of Willis North America. “That means thoroughly understanding their business issues and
industries; being able to develop solutions with the best markets, price and terms; relentlessly delivering quality
service, and getting claims paid quickly, and doing all of that with the utmost integrity. That’s
the Willis Cause, and that’s what sets us apart as the most trusted client advisor and
advocate in our industry.
“Willis DataWizeSM embodies that commitment, and serves as the perfect complement to our existing analytical and consulting
services,” Bailey said. “Clients asked us for a technology solution that would allow them to manage
all of their risk and exposure information in a way that identifies trends, helps mitigate losses,
achieves better claim outcomes and ultimately leads to lower costs and greater value. Willis DataWizeSM delivers
on all counts.”
The Willis DataWizeSM system helps clients track all of their loss, exposure and insurance policy data, and
provides the tools to turn that data into actionable insights. The system brings greater speed, efficiency
and integrity to the loss control, claim and placement processes, and identifies trends and measures outcomes
that deliver meaningful cost savings to the client. Willis DataWizeSM features dashboards, scorecards, automatic information alerts,
a cost allocation system, and sophisticated modeling and analytics capabilities that help achieve sustainable and measurable
improvements to the entire risk management process.
The system is scalable to meet the requirements of the most demanding global enterprises, but it can
be configured to meet the needs of small-to medium-sized businesses as well. Competitively packaged with Willis’
claim, risk control and data analytics consulting services, Willis DataWizeSM can help small risk management departments
achieve better overall results.
“Willis DataWizeSM is a premiere, integrated software solution enabling Willis clients of all sizes to benefit from
enterprise-class risk management technology that, to date, has only been available to large commercial accounts,” said
Bob Morrell, CEO of Riskonnect. “Bringing the advanced technology of cloud-computing — the engine behind Willis
DataWizeSM — to the risk management industry enables disparate data to be consolidated and integrated without
the need for expensive and time-consuming IT development projects.
“Willis is a proven leader and innovator in risk management services. Matching their extensive capabilities and expertise
with Riskonnect's enterprise-class risk management information system technology creates a really exciting offering that has been
lacking in the marketplace, particularly in the middle market, where Willis has a strong presence,” Morrell
said. “We’re delighted to be partnering with them.”
Willis DataWizeSM, powered by Riskonnect®, will be showcased at the Risk and Insurance Management Society, Inc. (RIMS)
2010 Annual Convention in Boston, April 25 — 29. Visit the Wills booth (No. 1913) or
the Riskonnect booth (No. 509) to see a live demonstration.
To learn more about Willis DataWizeSM, please visit www.willisdatawize.com. Willis DataWizeSM is a service mark of
Willis North America Inc.
Willis Group Holdings is a leading global insurance broker, developing and delivering professional insurance, reinsurance, risk management,
financial and human resource consulting and actuarial services to corporations, public entities and institutions around the
world. Willis has more than 400 offices in nearly 120 countries, with a global team of
approximately 17,000 Associates serving clients in virtually every part of the world. Additional information on Willis
may be found at www.willis.com.
About Riskonnect, Inc.
Riskonnect, Inc. is the provider of a premier, enterprise-class technology platform for the risk management industry. As
an independent innovator in risk management software, Riskonnect develops and markets a growing suite of software
solutions on a world-class cloud computing model, helping clients elevate their risk management programs, safety solutions
and programs for management of risks across the enterprise. Through its strategic, operational and insurable risk
software applications, Riskonnect provides the risk management industry with the specific, configurable solutions needed to reduce
losses, control risk and affect shareholder value. For more information about Riskonnect, contact us at www.riskonnect.com.com, email to email@example.com or call 770-790-4700.
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