Reinsurance

Willis launches global digital auto-follow facility Gemini

Willis, a WTW business, has announced the launch of Gemini, a global digital auto-follow facility designed to provide sustainable capacity locally to clients across their insurance portfolios.

WTW - Willis Towers Watson logoThe “innovative” solution is set to address the growing complexity of risk and market volatility, giving clients more confidence in outcomes, even in challenging conditions.

“Gemini represents a significant advancement in our ability to support clients with robust and reliable capacity,” said Simon Delchar, Global Head of Placement at Willis.

Adding: “Gemini is supported by Lloyd’s syndicates and follows the local lead market for coverage, claims and premium, but with a discount of 2.5% on lead pricing.”

The new facility is delivered via the Willis Broking Platform, which will automatically offer capacity of up to 12.5% of whole to all in scope placements as soon as the lead line is secured.

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In addition to offering competitive pricing, client discounts, and being backed by A+ (AM Best) rated Lloyd’s syndicates, Gemini also has substantial capacity available for any in-scope risk, regardless of complexity.

Other key benefits include its auto-follow feature, which allows for quick deployment of capacity and simplifies claims management by following lead claims settlements; and its auto-approval follows lead quotes, enabling quick deployment of capacity.

Additionally, its dedicated, pre-arranged, stable capacity aims to help clients build confidence with year-to-year program renewals.

Gemini will be exclusive to Willis Clients and available for risks incepting from September 1, 2025.

The post Willis launches global digital auto-follow facility Gemini appeared first on ReinsuranceNe.ws.

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