Sompo Group teams up with WTW to deploy Radar technology
Yahoo Finance·2025-09-11 17:46
Sompo Group has entered into an alliance with WTW to incorporate the latter’s Radar technology into its non-life insurance services. This represents the first global use of Radar in Japan, with Sompo Direct Insurance already having deployed the technology for its automobile insurance pricing, WTW noted. Radar is a pricing and underwriting tool designed to equip insurers with predictive modelling and machine learning (ML) capabilities, while facilitating system integration without the need for programming ...