Quarterly Insurance Tech Briefing Q1 2017

This report highlights the potential for the $100 billion small business insurance market to experience transformational digital disruption.

Willis Towers Watson Securities (WTW Securities) is a leading investment banking boutique focused exclusively on the insurance industry. We provide a broad range of services that combine unparalleled industry knowledge with analytical expertise, including strategic advisory, capital raising and ILS. As a wholly-owned subsidiary of Willis Towers Watson, we offer a differentiated value proposition to clients operating in the (re)insurance sector. Our ability to provide a truly comprehensive and coordinated suite of M&A advisory services is based on delivering WTW Securities’ established world-class insurance M&A execution capabilities in concert with analytical, actuarial, brokerage, rating agency, risk management consulting and other services from other areas within the broader Willis Towers Watson organization. We operate at the forefront of innovation within the insurance sector, evidenced by our track record of executing landmark transactions across various segments of the insurance value chain

including, the first sale of a U.S. public insurance company to a China based acquirer, the first full company sale of an ILS investment manager to a strategic (re)insurer and the establishment of Resilience Re, the first turn-key cat bond lite platform providing issuers with access to a preselected pool of leading alternative capital investors.

CB Insights is a Pilot Growth and National Science Foundation backed software as-a-service company that uses data science, machine learning and predictive analytics to help our customers predict what’s next — their next investment, the next market they should attack, the next move of their competitor, their next customer, or the next company they should acquire.

Willis Re is one of the world’s leading reinsurance advisors. Over our 180-year history, we have developed a deep insight into all aspects of the global insurance industry. In particular, we understand how individual insurance companies develop and drive their own unique strategies to achieve their goals. We offer you comprehensive service backed by stable, well trained staff to help you reach and exceed your specific targets in the most cost-effective fashion. We have a deep understanding of risk – and all the ways it affects capital and your organization’s financial performance. Our core focus is to provide you with a superior understanding of the risks you face, and then advise you on the best ways to manage extreme outcomes.