WTW has unveiled Verita CSG, Inc., a Managing General Underwriting (MGU) company that is tailored specifically for customised insurance solutions.
Verita specialises in providing highly tailored insurance solutions designed to cater to specific industries’ unique needs. It has been launched to keep up with the insurance industry as it evolves, and businesses require more than generic policies to address their risk management needs effectively.
WTW, is a leading global insurance broker, operating at the forefront of the insurance and risk management industry. With a strong commitment to providing innovative solutions, WTW serves as a trusted advisor to clients worldwide.
Verita’s core focus is to revolutionise risk management for businesses. The company brings together deep industry expertise, exceptional service standards, and tailored insurance products to create a unique offering in the insurance landscape.
The solution aims to fulfil its mission by assembling a team of industry veterans who possess extensive knowledge and a comprehensive understanding of insurance requirements across property, casualty, and financial lines of business.
Initially, Verita will direct its efforts towards serving four key industries: Real Estate, Hospitality & Leisure, Financial Institutions, and Professional Services. These sectors are known for their complexities, and Verita is committed to providing industry-specific insurance solutions to address their distinct challenges.
Edward Chiang, President and CEO of Verita, expressed the company’s dedication to long-term, innovative insurance solutions, saying, “Our commitment to industry specialisation will place Verita at the forefront of meeting the insurance product and service challenges of today’s evolving risk environment. Our mission is to provide clients with the right insurance tools to mitigate their risks, allowing them to focus on growing their businesses.”
Verita is also excited to announce strategic partnerships, with Markel being a notable collaborator. These alliances with industry specialists reaffirm Verita’s dedication to excellence and shared success.
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