Willis Towers Watson has launched a new Deferred Pension Annuity application for insurers and pension risk transfer markets, alongside a next-generation Geospatial Mortality Model for the U.S. pension risk transfer market. The company also entered a new digital insurance partnership to embed compliance and coverage solutions for subcontractors into workforce management platforms. These product launches position Willis Towers Watson amid key shifts in the life insurance and pension sectors, where more clients are seeking data-driven tools to price and manage long-term liabilities. For pension risk transfer providers and insurers, the new modeling platforms may help refine longevity and geographic risk assessments, areas central to PRT deal economics and capital planning. The combination of upgraded analytics and embedded digital insurance distribution could matter over time if clients adopt these tools at scale, highlighting how Willis Towers Watson is focusing on software, data, and partnerships as part of its broader risk and human capital advisory business.
Willis Towers Watson PLCLaunches new pension tools (Deferred Pension Annuity app, Geospatial Mortality Model) and digital insurance partnership, enhancing data-driven capabilities.