Insurer licenses Willis Towers Watson's Radar Live to provide quotations to intermediaries
Royal London has become the first UK insurer to license Willis Towers Watson's pricing delivery software, Radar Live - widely used across the UK motor market - to provide life insurance quotations to intermediaries. Using real-time analytics - from traditional rating structures to complex pricing algorithms with embedded risk models - the software aims to provide enhanced pricing flexibility and responsiveness to market developments. It is also designed to increase efficiency and reduce costly...
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