Willis Towers Watson has launched Captive Quantified, a financial modelling tool for captive owners.
The tool will be introduced at the 2018 Vermont Captive Insurance Association’s Annual Conference in Burlington, Vermont.
Captive Quantified is designed to automate due diligence and financial analysis to allow organisations to assess the value proposition of forming a captive insurance company compared to traditional insurance or retaining risk on its balance sheet.
It is the latest release in Willis Towers Watson’s interconnected quantification models and can be used in concert with these other tools.
Sean Rider, managing director, consulting and development, global captive practice at Willis Towers Watson, commented: “Captive Quantified is a real game changer that goes far beyond typical financial analysis used for captive feasibility studies.”
“This powerful tool will enable profoundly more sophisticated conversations with finance decision makers as to the value, volatility and efficacy of the captive proposition at both the feasibility stage and throughout the life of the captive. We are proud to present this at VCIA as a further demonstration of Willis Towers Watson’s leadership in the market.”