Sompo, WTW Launch Global Radar Insurance Technology Deployment
Sompo, WTW Launch Global Radar Insurance Technology Deployment

Sompo, WTW Launch Global Radar Insurance Technology Deployment

News summary

Sompo Holdings, a leading Japanese insurer, has partnered with WTW to deploy WTW’s Radar technology globally across the Sompo Group to enhance data-driven management in pricing, underwriting, and portfolio optimization. Radar, a predictive modeling and machine learning tool, enables insurers to analyze customer risk profiles in real time and rapidly adjust premiums without requiring programming expertise. Sompo Direct Insurance has already implemented Radar in its automobile insurance business since June 2025, allowing it to respond swiftly to market and accident trend changes with more accurate pricing. The technology integrates premium decisions directly into production environments, bypassing traditional development bottlenecks and facilitating agile product launches. Sompo has begun expanding Radar beyond Japan, starting with Turkey, with plans to extend its deployment across Southeast Asia. Both Sompo and WTW emphasize that Radar’s capabilities improve flexibility and speed in non-life insurance product development and market responsiveness.

Story Coverage
Bias Distribution
100% Left
Information Sources
daae85f0-2883-42fc-b085-888140adf30d
Left 100%
Coverage Details
Total News Sources
2
Left
1
Center
0
Right
0
Unrated
1
Last Updated
3 days ago
Bias Distribution
100% Left
Related News
Daily Index

Negative

24Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News