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Willis launches RiskIQ Nexus to unify risk and insurance data
The new platform is built to consolidate policy, premium, loss, and exposure data into a single connected view with AI-powered multi-language document ingestion.
Willis, a WTW business, announced the launch of RiskIQ Nexus, a risk intelligence platform intended to bring risk and insurance data together in one place, according to Reinsurance News.
The platform is designed to help risk managers access information and insights more quickly to understand their programmes, prepare for renewals, and make more informed risk and insurance decisions, the outlet said.
RiskIQ Nexus consolidates policy, premium, loss, exposure, and other risk and insurance information from multiple sources into a single, connected view, reducing the administrative burden created when data is spread across systems, spreadsheets, and other tools, Reinsurance News reported.
Willis also said the platform includes AI capabilities for multi-language document ingestion and supports querying and analysis of data to produce decision-ready reporting and insights, the outlet added.