WTW Enhances Their International Property Facility With New Neuron Digital Trading Solution

WTW, a leading global advisory, broking, and solutions company, has today announced the enhancement of their International Property facility in the London market, expanding the next-generation capabilities of its digital trading solution Neuron.

The digital transition of the WTW facility, timed to coincide with its renewal on 1 May 2025, has seen an increase in capacity and support from markets. The digitisation of the facility marks the latest development in the expansion of Neuron, following the recent announcement by WTW that Liberty Specialty Markets (LSM) is now using Neuron to undertake live trading of Directors & Officers (D&O) and Cyber risks. 

Neuron helps to substantially improve client solutions and services by replacing manual placement processing with cutting-edge algorithmic technology. This makes it possible to trade complex specialty risks digitally with unprecedented speed, scale and efficiency, returning quotes in minutes instead of days. Digitally trading follow-insurance through Neuron enables insurers to see in real time the risks that have been placed and performance of the facility, as well as allowing their underwriters to focus on more complex risks and new opportunities. 

Ed Day, Head of International & North America Property GB, WTW, said: “Neuron provides cutting edge solutions to our clients by connecting brokers and insurers in real time, simplifying and accelerating the trading of commercial insurance digitally. Neuron continues to set the standard for connected ecosystems built on transparency and consistency.”

Neuron’s API capability enables insurers to connect Neuron to their own data stores to enhance analytics and downstream processing. The ‘light weight’ placement processing capabilities of Neuron make it easier to scale facilities, more efficiently onboard new markets and deploy changes to the facility or file agreements in a controlled and efficient manner.

WTW’s digital trading solution also provides improved governance as the file agreement terms are digitally enforced in the form of insurer-specific decision algorithms through which every risk is processed. This removes the overhead of checking file agreements and reduces the risk of errors and omissions often associated with manual processing.

Tom Maleczek, Neuron Head of Strategy and Planning, WTW, said: “Intense competition and evolving client needs are driving brokers to adapt and increasingly turn to creating facilities that offer pre-agreed terms with the best insurers at competitive rates. Neuron significantly enhances this capability by making it easier, quicker and more transparent to trade risks at scale.”