The facility, supported by Willis’ Neuron platform, has added new markets and an expanded lead panel of Lloyd’s syndicates across international territories
Willis has expanded its international property facility, increasing available follow capacity to up to $60m per placement.
The broker’s facility, supported by Willis’ algorithmic digital platform Neuron, has also added new markets and an expanded lead panel of Lloyd’s syndicates able to quote across primary and excess layers.
The facility is focused on international territories, including Europe, Asia, Australia, New Zealand, South Africa, Latin America, the Caribbean and Canada.
Willis said it has appetite for risks including airports, leisure and hospitality, industrial sites, infrastructure, manufacturing, retail, technology and transportation.
According to the broking firm, the facility is designed to support placements by creating alternative options, completing programmes and filling gaps in layered property placements.
Edward Day, head of international property, Willis direct and facultative, said the facility had seen positive engagement since its launch in 2024.
“Since launching the facility in 2024, we’ve seen strong, positive engagement from the market,” Day said.
“Our clients benefit from a streamlined placement approach, powered by our algorithmic digital trading platform Neuron, that’s particularly useful for creating competitive alternative options or completing placements and filling gaps in layered programmes.”
Day said the expansion would allow Willis to provide more competitive quotes while maintaining consistent terms and conditions.
“We’ve now expanded the facility, increasing its capacity, allowing for competitive quotes and ensuring harmonised terms and conditions,” he said.
“This enhanced international property facility allows clients to get the coverage they need more quickly and efficiently, at the most competitive terms available,” Day added.
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