Momentum is building in the London market for wider adoption of electronic placement of risks, said the London and International Insurance Brokers’ Association (LIIBA), which announced that more than 100 of its members have now committed to the Placing Platform …
London’s electronic placing platform exceeded its target of 30 percent of in-scope risks during the fourth quarter of 2018, according to the board of Placing Platform Ltd. (PPL). Lloyd’s syndicates accepted 39 percent of in-scope risks, with 76 percent of …
By creating an innovative and nimble operating platform, SSL Endeavour, London-based Lloyd’s broker, aims to attract and retain the best entrepreneurial brokers who are freed up to create innovative client solutions, said Group Managing Director Karen Allen. “Being a niche …
The London market’s electronic placing platform, PPL Ltd., announced a platform update. PPL said the new release includes: An enhancement so the broker can now select multiple stamps for facilities. The underwriter response is identical to open market functionality; underwriters …
Marsh announced it placed more than 10,000 risks in 2018 through Placing Platform Ltd. (PPL), the electronic insurance placement platform used by Lloyd’s, London market insurers, and brokers. Marsh has now bound more than 15,000 risks in total on the …
The London market’s electronic placing platform, PPL Ltd., exceeded targets during the third quarter as more and more syndicates and companies accepted risks via the platform. Beazley Syndicate 3623 topped the league table of those Lloyd’s syndicates that have embraced …
The London market’s electronic placing platform, PPL Ltd., announced that the treaty reinsurance class of business went live on the platform today, completing its roll out of products. PPL said its focus will now be on continuous improvement of the …
Brexit is the greatest structural challenge facing the London company market, said the chairman of the International Underwriting Association, Malcolm Newman. The UK’s break from the EU is affecting insurers, brokers and clients in varying ways, but none felt as …
The London market’s electronic placing platform, PPL Ltd., announced that aviation classes of business went live on the platform on June 11. “With only reinsurance and verticalized placements left to go, this latest release means that underwriters and brokers are …
The London market’s electronic placing platform was used to close the Aon Client Treaty facility for 2018, marking a milestone in the platform’s evolution. This is probably the largest and most complex transaction in the Lloyd’s market, said the board …
