Captive Fit
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Willis returns to general aviation insurance market after 30 years
Yahoo Finance· 2026-01-28 10:04
Core Insights - Willis has re-entered the light and recreational general aviation insurance market after a 30-year hiatus, expanding its insurance offerings through the integration of the Crispin Speers team [1][3] - The updated portfolio now includes coverage for various general aviation operations such as microlights, balloons, gliders, commercial drones, and light fixed-wing aircraft [1] - Willis is also extending its commercial insurance services to non-aviation risks, leveraging expertise from its broader network [2] Group 1 - The re-entry into the light and recreational general aviation sector fills a long-standing gap in Willis' portfolio, allowing for a comprehensive suite of insurance solutions [3] - Clients will benefit from a seamless, one-stop approach for all aviation insurance needs, supported by Willis' global reach and reputation [3] - The expansion reflects Willis' commitment to clients and partners, aiming to deliver market-leading insurance solutions and drive positive change in the aviation sector [4] Group 2 - In October 2025, Willis introduced Captive Fit, a service designed to assist organizations in refining their captive insurance strategies, utilizing WTW's Igloo risk analytics platform [4]
Willis debuts analytical service to enhance captive insurance operations
Yahoo Finance· 2025-10-24 09:26
Core Insights - Willis Towers Watson (WTW) has launched a new service called Captive Fit to enhance captive insurance arrangements for companies [1][3] - Captive Fit utilizes WTW's Igloo platform, which is a risk analytics modeling tool used by over 1,000 users from 150 insurers [1] - The service aims to address premium, investment, and reserve risks faced by captive insurers [1] Service Features - Captive Fit provides analytics and stress testing to help organizations assess capital adequacy and analyze risk diversification benefits [2] - The service supports informed decision-making, explores untapped potential for value enhancement, evaluates capital distributions for efficiency, and identifies investment opportunities for better returns [2] Strategic Importance - The launch of Captive Fit is seen as a significant milestone in WTW's commitment to maximizing the value of captive insurance programs [3] - In the current financial landscape, ensuring captive programs are effective is increasingly critical, with Captive Fit enabling informed decisions regarding investment and underwriting strategies [4] Recent Developments - WTW recently introduced the Radar Connector for Snowflake to enhance its Radar insurance analytics and pricing platform [4] - Collaborations with Klarity and Sompo Group have been established to integrate health data analytics and utilize Radar technology in insurance offerings, respectively [5]