Willis Towers Watson (WTW) said Tuesday its Affinity Insurance business is collaborating with insurance infrastructure platform Kayna to deliver WTW insurance products to small and medium-sized businesses in the UK and US through vertical Software-as-a-Service, or vSaaS.
The collaboration will focus on utilizing vSaaS platforms tailored to specific industries such as construction, legal, salon/spa, fitness, and field service.
WTW's Affinity Insurance teams will lead product development and broker insurance offerings, delivering property, general liability, workers' compensation, commercial auto, and umbrella liability insurance through vSaaS platforms.
Financial terms of the collaboration were not disclosed.
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