WTW (NASDAQ:WTW), a leading global advisory, broking, and solutions company, today announced a partnership with Riskonnect to pilot an innovative analytical delivery tool which connects claims and exposure data through its new WTW Risk IQ API (application programming interface).
The collaboration between Riskonnect and WTW offers clients of both organizations the opportunity to better evaluate their claims data to identify, assess and quantify inefficiencies as well as reduce errors and anomalies by eliminating the labor-intensive manual processes involving in uploading complicated risk and claims data into the models. In doing so, clients can achieve real time actionable insights for their risk mitigation strategies.