WTW announces digital facility

Willis Towers Watson on Tuesday announced the launch of Gemini, a digital facility created to provide follow form capacity to clients globally, for property, casualty and various specialty lines from Sept. 1.

The facility, backed by A+-rated Lloyd’s syndicates, follows the local lead market for coverage, claims and premiums, with a guaranteed discount of 2.5% on lead pricing.

“Gemini 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 negotiated,” Simon Delchar, global head of placement, said in a statement.

Capacity is available for all risks within scope, including U.S. commercial auto.

Gemini provides auto-approval to follow lead quotes, a streamlined claims process and dedicated capacity for program renewals. The facility is exclusive to Willis clients.