Finance

WTW Teams Up with Kayna for Cutting-Edge Affinity Insurance Products Aimed at SMEs in the UK and US Markets

Published September 11, 2024

In a strategic move to innovate the insurance sector, WTW Affinity, the specialty group within global advisory, broking and solutions company Willis Towers Watson WTW, has joined forces with technology-driven insurance provider Kayna. This partnership is set to create a suite of next-generation Affinity Insurance products specifically designed to meet the diverse needs of small and medium-sized enterprises (SMEs) operating in the United Kingdom and the United States.

Revolutionizing SME Insurance

With the combined expertise of WTW Affinity's sector knowledge and Kayna's technological prowess, the collaboration is poised to deliver sophisticated insurance solutions that are not only tailored to the unique risks faced by SMEs but also streamlined for ease of access and management. This initiative underscores the commitment of both firms to drive innovation and cater to the evolving demands of businesses in the current economic landscape.

Forging a Path for Industry Innovation

The partnership reflects a larger trend in the insurance industry towards leveraging technology to enhance product offerings. By capitalizing on data analytics and customer-centric platforms, WTW Affinity and Kayna aim to empower SMEs with products that offer improved risk mitigation and greater financial resilience. This development is a substantial stride forward in offering competitive and customizable insurance packages that respond to the intricate requirements of modern businesses.

WTW, Kayna, SMEs