Willis Re and Measure Form Strategic Partnership to Advance Drone Usage

In partnership with technology company Measure, Willis Re is bringing the very latest in drone technology to Willis Re clients. The use of drones within the insurance industry offers a significant opportunity to improve risk assessment and claims response times.

Reinsurance pricing floor remains elusive at Jan 1 2016 renewals

Despite the signs of pricing stabilization in peak property catastrophe zones at the June/July 2015 renewals, the forecasts for a “softening in the softening” in reinsurance pricing have proved illusory in all but a few cases, according to the latest Willis Re 1st View Renewals Report.

UK Motor Periodical Payment Order (PPO) Environment Continues to Stabilise

According to the latest Willis Re UK Motor Development Review, the number of PPOs awarded in the UK looks set to decline as the PPO claims environment continues to stabilise. The clearer patterns emerging around payments will benefit re/insurers.