WTW, a global advisory and brokerage company, has entered into an expanded agreement with Zurich Insurance Group to integrate its Radar software across Zurich’s international operations. The Radar platform is designed to assist insurance companies in analyzing data to improve the accuracy and speed of their pricing and underwriting processes.

Under the terms of the expanded deal, Zurich will utilize the software to standardize its pricing infrastructure across various global markets. By deploying this technology, Zurich aims to streamline its analytical workflows and respond more effectively to changing market conditions. WTW stated that the software provides insurers with greater control over their pricing models, allowing for more sophisticated risk assessment and faster product deployment.

While the financial terms of the agreement were not disclosed, the move marks a significant deepening of the relationship between the two firms. This deployment is part of a broader trend in the insurance industry where major carriers are increasingly adopting specialized software to automate complex actuarial tasks. The partnership is expected to assist Zurich in maintaining competitive pricing strategies while managing the technical complexities of operating in multiple regulatory environments simultaneously.