Reinsurance News

WTW MGU Verita launches new Workers’ Compensation solution

9th May 2024 - Author: Kassandra Jimenez-Sanchez

Verita, the Managing General Underwriting (MGU) company of WTW, has introduced Workers’ Compensation solution to its suite of casualty products.

Verita aims to reshape the landscape for US mid-sized and larger companies by bringing a robust, technical approach to underwriting, risk advisory services, and claims management.

Verita’s expansive casualty coverage solutions include General Liability, Auto, and Umbrella/Excess Liability coverages.

The new WC solution, the MGU highlights, completes its comprehensive casualty offering, aligning the deep technical expertise and industry-specific knowledge for the underwriting process to deliver optimal casualty risk transfer options to its clients.

These solutions are structured and targeted to serve particular industries including Real Estate, Hospitality, Financial Institutions, and Professional Services companies.

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Edward Chiang, CEO, Verita, commented: “The launch of our new Workers’ Compensation capabilities represents a significant milestone for us. We are now providing a full suite of Casualty insurance solutions to our insureds and broker partners.

“I am also incredibly pleased with the new partnerships we have developed, setting the foundation for long-term success. Verita is poised to continue developing new products, along with strengthening its strategic partnerships across the platform.”

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