WTW raises the bar with Captive Fit

WTW has launched Captive Fit, an analytical and strategic service designed to help companies optimise their captive insurance arrangements, at a time where the captive insurance market is experiencing significant growth.

The service leverages WTW’s Igloo solution, a risk analytics modelling platform, used by over 1,000 users across 150 property and casualty insurers. 

According to WTW Captive Fit is specifically designed to address the complex challenges faced by captive insurance companies, including reserve, premium, and investment risks. By utilising advanced analytics and stress testing capabilities, Captive Fit enables organisations to quantify capital adequacy, understand diversification effects, and optimise their risk financing strategies.

“The launch of Captive Fit marks a significant milestone in our commitment to helping clients maximise the value of their ongoing captive insurance programmes,” said Peter Carter, head of climate practice and head of captive & insurance management solutions at WTW.

“In today's dynamic financial landscape, ensuring that captive programmes are fit-for-purpose is more critical than ever. Captive Fit empowers organisations to make informed decisions about their captive’s investment and underwriting strategies.  This enhances governance, whilst unlocking hidden value from their captive arrangements.”

According to WTW key benefits of Captive Fit include:

• Robust decision-making support: Enhancing governance through data-driven insights

• Identifying extra value potential: Optimising utilisation and uncovering new opportunities

• Capital release: Quantifying potential dividends and improving capital efficiency

• Yield optimisation: Uncovering potential investment issues and opportunities

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