WTW launches network solutions for small and medium-sized enterprises

Global broker WTW has announced the launch of online solutions to meet the needs of North American small and medium-sized enterprises.

The product is tailored for businesses with annual revenues under $50 million, including start-ups and pre-revenue accounts.

WTW says the traditional underwriting process generally favors larger businesses. With limited access to affordable insurance, this could leave SMEs vulnerable to cyber breaches.

To address this issue, WTW has partnered with leading online insurance companies dedicated to meeting the needs of small and medium-sized businesses. The broker’s customized solutions enable small and medium-sized businesses to easily obtain competitive insurance quotes through a self-service platform. WTW also has dedicated underwriting staff to meet the unique needs of small and medium-sized enterprises.

The solution will also provide policyholders with resources, including tools and support for small and medium-sized businesses to implement and maintain cybersecurity measures.

“This moment marks a transformative effort to address the unique challenges SMBs face in the cybersecurity space,” said Jessica Klipphahn, North America head of WTW MM Cyber/E&O. “By partnering with Top Cyber ​​Insurance Through the company’s strategic partnerships and resource delivery, we ensure SMEs have access to affordable comprehensive insurance. This initiative not only addresses issues previously faced by SMEs, it positions cybersecurity as integral to their business strategy and enterprise risk management Indispensable, manageable component.”

WTW also recently announced the formation of its client engagement leadership team and the appointment of Despina Buganski as personal practice leader for its corporate risk and brokerage North America operations.

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