Willis Towers Watson announced Thursday that it launched an analytical and strategic service designed to help companies maximize the value of their captive insurance arrangements.
Captive Fit utilizes Igloo, the brokerage’s risk analytics modeling platform, which is used by over 1,000 users across 150 property and casualty insurers.
Captive Fit is meant to address challenges captive insurers face, including reserve, premium and investment risks, Willis said.
The service allows organizations to measure capital adequacy, analyze diversification effects and improve their risk financing strategies.