Willis and Kayna partner with Kwant to launch new embedded insurance program for subcontractors

Rhea-AI Summary

WTW (NASDAQ: WTW), through its Willis business, and embedded insurance partner Kayna have formed a strategic partnership with Kwant to launch KwantSure, a digital embedded insurance program within Kwant’s construction workforce management platform, which supports 160,000 workers and has tracked over 45 million hours.

KwantSure lets subcontractors purchase required coverages—General Liability, Professional Liability, Cyber, Business Owner’s Policy and pay-as-you-go Workers’ Compensation—directly in the COI workflow, enabling quotes and binding in minutes. The program is designed to cut administrative burden, improve compliance visibility for general contractors and help mitigate project risk through real-time COI tracking and data-led, end-to-end insurance solutions tailored to subcontractors.

Argus Jul 15 session

-1.25% close to close Open Argus

Details

News Market Reaction – WTW

On Jul 15, the day this news came out, WTW closed 1.25% below the previous close.

Data tracked by StockTitan Argus for the Jul 15 session.

Key Figures

Workers on platform: 160,000 workers Hours tracked: 45 million hours

Workers on platform

160,000 workers

Kwant Construction Workforce Management Platform coverage in the U.S.

Hours tracked

45 million hours

Cumulative workforce hours tracked by Kwant to date

Previous Partnership Reports

5 past events · Latest: May 06

Same Type 5 events

1. May 06

   Research partnership

   24h Move

   -2.7%

   Teamed with Cornell to study correlated natural catastrophes and climate risks.

2. Apr 24

   Marketing partnership

   24h Move

   -1.1%

   Became exclusive global insurance partner of INEOS Grenadiers for three years.

3. Mar 22

   Product partnership

   24h Move

   +0.8%

   Launched Asia’s first dedicated insurance facility for collectors and galleries.

4. Mar 16

   Embedded insurance deal

   24h Move

   +0.4%

   Expanded GB Affinity ecosystem via embedded insurance partnership with Qover.

5. Feb 26

   Embedded insurance deal

   24h Move

   +3.9%

   Partnered with Belfry and Kayna to embed a digital insurance program for security firms.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

embedded insurance, certificate of insurance (coi), pay-as-you-go, vertical saas

4 terms

embedded insurance financial

"embedded insurance infrastructure partner Kayna, today announced a strategic partnership"

Embedded insurance is a type of coverage that is integrated directly into a product or service, often during the purchase process, making it easy and seamless for consumers to access protection. For example, when buying a new car or booking travel, insurance options may be included automatically. This approach matters to investors because it can expand market reach, increase sales, and create new revenue streams for companies offering these integrated protections.

certificate of insurance (coi) regulatory

"manage workforce operations and certificate of insurance (COI) tracking."

A certificate of insurance (COI) is a summary document issued by an insurer that verifies a business or individual carries specific insurance coverages, listing the policy types, coverage limits, effective dates and any endorsements. For investors, a COI matters because it provides quick proof that a company has protections against losses, liability or property damage that could affect cash flow, contractual obligations and potential legal exposure—like a rental receipt confirming you’re insured before a transaction.

pay-as-you-go financial

"Business Owner’s Policy and pay-as-you-go Workers’ Compensation."

A payment model where customers are charged only for the actual goods or services they use, billed periodically based on measurable consumption rather than a fixed upfront fee or long-term subscription. Like paying an electricity bill that matches how much power you used, pay-as-you-go affects revenue patterns, customer retention, and unit economics, so investors look at it to understand predictability of cash flow, growth scalability, and margin variability.

vertical saas technical

"This is how a vertical SaaS platform can elevate business practices"

Vertical SaaS is cloud software sold on a subscription basis that is built specifically for a single industry or profession, not as a one-size-fits-all product. For investors, these niche solutions can mean steadier, predictable revenue and stronger customer loyalty because the product fits the customer's daily work like a specialized tool, but they also face limits on how quickly they can expand beyond their industry.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Kwant’s Construction Workforce Management Platform supports 160,000 workers across the United States and has tracked more than 45 million hours to date

NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- Willis, a WTW business (NASDAQ: WTW), together with its embedded insurance infrastructure partner Kayna, today announced a strategic partnership with Kwant to launch KwantSure, a digital insurance program embedded directly within Kwant’s workforce management platform.

KwantSure enables subcontractors to access the insurance coverage that may be required to remain project compliant, directly within the platform used by general contractors to manage workforce operations and certificate of insurance (COI) tracking.

The program combines:

• Kwant’s workforce and compliance platform, which supports 160,000 workers across the United States, providing general contractors with real-time visibility into subcontractor insurance status through integrated COI tracking;
• Kayna’s award-winning embedded insurance technology, which integrates a seamless insurance procurement experience into the Kwant platform and leverages digital trading capabilities from modern carriers to deliver data-led, streamlined insurance solutions; and
• Willis’ Affinity advice and expertise, delivering tailored insurance solutions designed specifically for subcontractors. Available coverages include General Liability, Professional Liability, Cyber, Business Owner’s Policy and pay-as-you-go Workers’ Compensation.
  

By embedding insurance procurement within the COI workflow, KwantSure reduces administrative burdens, streamlines the buying process, and enables subcontractors to obtain quotes and bind coverage in minutes. For general contractors, the program enhances compliance visibility and helps mitigate risk across projects.

Nabeel Tanveer, US Affinity and Programs Leader at Willis, said: “Delivering tech-enabled, embedded insurance solutions is a key strategic priority for us. By integrating Willis-brokered insurance directly into Kwant’s COI tracking platform, we are simplifying access to coverage for subcontractors, strengthening compliance and removing friction from the procurement process.”

Niran Shrestha, CEO and Co-Founder of Kwant, said: “By combining Kwant’s project intelligence with Willis’ broking expertise and Kayna’s technology, we’re making insurance faster, simpler and more accessible for contractors. Contractors can secure coverage in minutes while staying compliant through proactive alerts and real-time monitoring. Together, we’re helping reduce risk across complex projects and laying the foundation for a broader suite of digital insurance solutions.”

Paul Prendergast, CEO of Kayna, said: “Kwant is helping subcontractors to close the compliance gap and mitigate the risk of underinsurance in real time. This is how a vertical SaaS platform can elevate business practices, solve problems and provide real value for its customers. KwantSure provides a data-led, end-to-end insurance solution, designed specifically to support the needs of Kwant customers as they position their businesses for continuity and sustained growth. I’m delighted that our work together has resulted in such a powerful tool for a trusted platform that is driving change in construction, making it safer, smarter and more efficient.”

About WTW

At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk, and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce, and maximize performance. Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.

Media Contact

Lauren Ryan
Lauren.Ryan@wtwco.com

About Kwant

Kwant is an AI-powered workforce operating system for construction and industrial sites. By combining real-time data from smart wearables with operational insights, Kwant delivers predictive analytics and automated alerts to boost safety, productivity, and compliance.

Deployed on major projects with over 160,000 workers, Kwant has proven to reduce safety incidents by 50% and increase productivity by 11%.

Media Contact

Belen Ramos
Belen@kwant.ai

About Kayna

Kayna is an award-winning embedded insurance distribution platform serving vertical SaaS providers and their customers. Agentic and MCP-native, Kayna can offer a real-time, stand-alone risk management module that analyses policy detail against platform data, flag coverage gaps and can embed insurance procurement journeys to support insurance compliance requirements. Through one connection, Kayna links SaaS providers with carriers, MGAs, and brokers so that SMBs can access live risk intelligence and tailored, data-driven insurance through the software they already use to run their business operations every day. 

For more information, visit kayna.io.

Media Contact

Anita Hogan
Anita@Kayna.io

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the KwantSure embedded insurance program launched by WTW (WTW) on July 15, 2026?

KwantSure is a digital, embedded insurance program integrated into Kwant’s workforce management platform for subcontractors. According to WTW, it enables in-platform quoting and binding of key coverages, supports compliance, and uses real-time COI tracking to streamline project risk management for contractors.

How does the Willis, Kayna and Kwant partnership benefit construction subcontractors using KwantSure?

The partnership gives subcontractors direct access to Willis-brokered insurance within the Kwant platform. According to WTW, Kayna’s embedded technology and Kwant’s COI workflow simplify procurement, reduce administrative effort, enable quotes and binding in minutes, and support ongoing project compliance monitoring for subcontractors.

Which insurance coverages are available through the KwantSure program for Kwant platform users?

KwantSure offers General Liability, Professional Liability, Cyber, Business Owner’s Policy and pay-as-you-go Workers’ Compensation. According to WTW, these coverages are tailored to subcontractors and embedded directly in Kwant’s COI tracking workflow, helping them obtain required insurance while remaining project compliant more efficiently.

How does KwantSure improve COI tracking and compliance for general contractors, according to WTW (NASDAQ: WTW)?

KwantSure integrates insurance purchase directly into Kwant’s COI tracking, giving general contractors real-time visibility on subcontractor coverage. According to WTW, this embedded setup enhances compliance oversight, reduces friction in certificate management, and helps mitigate risk across complex construction projects by aligning coverage with active workforce data.

What role does Kayna’s technology play in the WTW–Kwant KwantSure insurance solution?

Kayna provides the embedded insurance infrastructure and digital trading capabilities used in KwantSure. According to WTW, its technology delivers a seamless in-platform insurance procurement experience, enabling data-led, streamlined insurance solutions from modern carriers for subcontractors operating on Kwant’s construction workforce platform.