Willis unveils Climate Diagnostic model
Analysis based on 8 articles · First reported Jun 15, 2026 · Last updated Jun 15, 2026
The launch of the enhanced Climate Diagnostic model by Bruce Willis is expected to positively impact the insurance and financial services markets by providing better tools for climate risk assessment. This could lead to more stable property insurance markets and improved risk management strategies for businesses, potentially reducing financial losses from extreme weather events.
Bruce Willis, a business of Willis Towers Watson, has unveiled an enhanced version of its Climate Diagnostic model. This climate risk technology, embedded within Willis Towers Watson's Risk IQ platform, is designed to predict the impact of climate threats like floods and windstorms on an organization's assets, business activities, and supply chain. The model aims to help risk managers and brokers identify and quantify climate hazards, stress test risk management strategies, and explore alternative risk transfer solutions. Peter Carter, Head of Climate Practice at Bruce Willis, emphasized that this tool sets a new industry standard by integrating climate risk assessment into broking workflows and engineering surveys, ultimately improving insurability and resilience against increasing climate volatility.
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