NEWS / Affiliate / First step to mitigation – understanding risk

Affiliate

18 OCT 2018

FIRST STEP TO MITIGATION – UNDERSTANDING RISK

New reports by Willis Towers Watson provide insight into 2018 insurance claims

ACE affiliate, Willis Towers Watson (WTW) has produced two new Intelligence and Risk Insight Reports, analysing the data from more than 1,200 cases, it presents their insight into claims – areas of work and types of projects, loss events, timelines and root causes, as well as their financial impact.

A key part of managing and mitigating risk is understanding the circumstances that lead to claims. By building a detailed picture of the types of activities and mistakes that can lead to claims being made, a business can begin to control its exposure to risk.

The two reports, one focusing on construction and one on engineering, help you to do just that.

WTW is a member of ACE’s Professional Indemnity Insurance Panel.

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As well as capabilities in placing and servicing our client’s insurance requirements locally and globally, we offer strength in depth in cyber liability, risk management and identification, analytics, forensic accounting, human capital benefits.

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