Willis Towers Watson Partners with Indeez to Serve the Needs of Gig Workers and Digital Platforms in Asia Pacific
November 10, 2021 at 03:00 am EST
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Willis Towers Watson and European insurtech, Indeez, announced a joint broking partnership to distribute insurance products for independent workers working with digital platforms in Asia Pacific. Through this partnership, Indeez will leverage the local market network and relationships of Willis Towers Watson (WTW) in Asia Pacific to build tailored protection and benefits programmes for the community of gig workers in the region. Indeez works with digital platforms to design affordable protection products for their community of independent workers in Europe. These include professional liability, accident and income protections to give piece of mind to the gig workers. The collaboration will allow Indeez to accompany digital platforms and offer its solutions as they expand outside of Europe. While the partnership will initially cover key markets in Asia Pacific, it lays the foundation for similar partnership in other geographies.
Willis Towers Watson Public Limited Company is a world leader in consulting, insurance brokerage and risk management software development. Revenues break down by activity as follows:
- human capital and social benefits consulting services (35.6%): consulting services in the organization, skills assessment, management and optimization of social benefits, compensation of executives and employees, etc. ;
- development of enterprise risk management solutions and services (31.9%): risk analysis, assessment consulting, effective risk management and anticipation services, design and development of software solutions for risk management. The group is also developing an insurance brokerage activity;
- risk/return balance management consulting services (17.7%): for investors, insurers and reinsurers. Additionally, the group offers insurance and reinsurance consulting services, financial management services, financing and investment strategies, as well as actuarial studies and expertise in mergers and acquisitions, etc., while developing software solutions for modeling and analysis of risks and financial activities;
- management and operation of a platform for the exchange and outsourcing of group health insurance plans and medical benefits (14.7%): allowing employees and retirees to choose the health coverage that meets their needs;
- other (0.1%).
Revenue is distributed geographically as follows: Ireland (1.7%), the United States (49.7%), the United Kingdom (20.5%) and other (28.1%).
WILLIS TOWERS WATSON PUBLIC LIMITED COMPANY 
