KwantSure: Digital Insurance Revolution in Construction
Willis Towers Watson (WTW) affiliate Willis and its digital insurance infrastructure partner Kayna have partnered with Kwant, a platform supporting 160,000 workers in the US. The new KwantSure program enables subcontractors to access insurance coverage digitally through COI tracking systems. Coverage includes general liability, professional liability, cyber, and pay-as-you-go workers' compensation. The program allows subcontractors to complete insurance procurement in minutes. Willis US affinity leader Nabeel Tanveer stated, 'By integrating Willis-brokered insurance into Kwant's COI tracking platform, we are simplifying access to coverage for subcontractors.' Kwant CEO Niran Shrestha added, 'By combining Kwant's project intelligence with Willis' broking expertise and Kayna's technology, we are making insurance faster, simpler, and more accessible for contractors.' WTW's acquisition of Redefind last month expanded its crypto insurance offerings. This partnership is revolutionizing digital insurance processes in the construction sector.