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ResQ

ResQ is the industry-leading loss reserving system for insurance and reinsurance. It combines powerful modeling and reserving methods with flexible mechanisms to structure, access and manage data sets, all within a governed framework. ResQ has a proven track record with clients, built from more than a decade of development and innovation.

Key benefits

  • Access a wide range of best practice claim projection, adjustment, result selection and combination methods with powerful custom calculation features presented through an intuitive graphical user interface
  • Reduce opportunity for human error through use of automation wizards, management of aggregation calculations across projects and use of a comprehensive programming interface that can be used to embed ResQ in wider data systems and automate complex tasks
  • Offers an integrated solution that combines powerful reserving and data management to deliver efficient team-based reserving with enforced consistency across a project
  • Increase confidence in setting reserves through improved understanding of reserve estimate variability, using ResQ's optional Stochastic simulation capability
  • Receive support for Sarbanes-Oxley and Solvency II compliant processes, with tighter data security, audit logs and lockdown of project elements after appropriate review

ResQ software is available in several configurations to help you solve your business challenges with the most appropriate tools.

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Title File Type File Size
ResQ PDF 1.1 MB

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Related Capabilities

Pricing, Product Management, Claims and Underwriting

Pricing, product, claims and underwriting (PPCU) teams should be talking more if insurers are serious about improving operational processes and maximising returns in the face of market change.

Technology for Insurers

We help transform insurance companies by combining leading-edge technology solutions and deep insurance industry experience to help with their unique challenges and opportunities.

Insurance Consulting and Technology

Willis Towers Watson provides a powerful combination of advisory services for insurance companies, integrated with leading-edge technology solutions, all underpinned by unparalleled analytical capability.

Insurance

As a primary and reinsurance broker, multi-discipline consultant, risk adviser and specialist technology provider, Willis Towers Watson is immersed in the insurance industry and understands it inside out. This enables us to offer an array of services that help insurance companies to thrive amid rapid change. 

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