WTW, a leading advisory, broking, and solutions firm, has announced a significant advancement in its digital trading platform, Neuron. Liberty Specialty Markets (LSM) is now operational on this platform, introducing real-time trading capabilities for Cyber and Directors & Officers (D&O) risks.
As of March 31, 2025, LSM’s capacity has been activated on Neuron. Initially, this will support Cyber and D&O classes within the open market. This strategic move is part of Neuron’s continuous growth initiative, as it plans to expand follow capacity and incorporate new partners and classes throughout the year.
Neuron enables brokers and insurers to connect instantaneously, thereby streamlining the process of placing complex specialty risks and enhancing overall market efficiency. The platform is crafted to provide users with flexibility and control over their operations while ensuring a more consistent and transparent trading experience, ultimately leading to a more interconnected and modern insurance ecosystem.
Carol Baker, Head of Digital Strategy at LSM, commented, “This new capability to digitally trade D&O and Cyber risks in real-time using Neuron highlights LSM’s broader commitment to expanding its digital prowess. It offers brokers a swifter, more adaptable way to trade risks while facilitating tailored portfolio underwriting solutions. This marks a significant step towards a more unified market, simplifying the risk placement process for follow business as additional carriers and brokers join.”
Louise Smith OBE, Global Lead for Neuron at WTW, stated, “LSM is a highly regarded entity in the specialty insurance sector, and their eagerness to partner with Neuron reinforces our shared goal of advancing next-generation digital and data capabilities to enhance the speed and cost-effectiveness of business transactions.”
Mark Russell-Vick, Head of Broking FINEX GB at Willis, added, “The London market is swiftly evolving with an increased attraction of capacity towards algorithmic capacity offerings. Neuron is paving new paths, which is extremely exhilarating as we introduce future innovations into today’s realm for the benefit of our global clientele.”
Yorum Yap