People Moves: Aon Promotes Goosen as Head of Professional Services, London Global Broking Centre; Mason Named Chief Exec of London’s Electronic Trading Platform PPL February 22, 2024 This edition of International People Moves details appointments at Aon and the London market’s electronic trading platform, PPL. A summary...
Why Did It Take a Pandemic to Drive Electronic Placement in the London Market? July 5, 2023 By Peter Smyth Electronic placing in the London market was a long time coming, with many obstacles to overcome – It took the...
Lloyd’s Launches Application Program Interface (API) to Enhance Electronic Placements June 9, 2020 Lloyd’s announced the launch of an application program interface (API), which is designed to help London market brokers and underwriters...
How Coronavirus Crisis Has Changed Underwriting at Lloyd’s of London March 30, 2020 By Carolyn Cohn, Noor Zainab Hussain and Jonathan Saul Thousands of London’s underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts,...
High Distribution Costs and How to Fix Them December 5, 2019 By David Flandro The disruption currently taking place in insurance and reinsurance markets is at its most acute since the culmination of the...
London Market’s Early Modernization Program, LM TOM, Is Being Wound Down September 30, 2019 The Board of the London Market Group (LMG) announced that the London Market Target Operating Model (LM TOM) has been...
Lloyd’s, London Market Insurers Surpass Q2 Electronic Placing Targets August 12, 2019 More than half of in-scope market risks were placed electronically in the London and Lloyd’s markets during the second quarter,...
Lloyd’s Sets Targets for Risks Placed Electronically for Remainder of 2019 July 3, 2019 Lloyd’s has confirmed the mandated targets for electronic placement of risks for the remainder of 2019. For Q3 2019 each...
Lloyd’s Insurers Surpass Target for Electronic Risk Placements: Report May 14, 2019 Insurers in the Lloyd’s of London market have switched 45% of their business to an electronic platform, ahead of target,...
London’s Electronic Placing Platform Gains Traction, Binding More Than 50,000 Risks April 9, 2019 More than 50,000 risks have been bound on the London market’s electronic placement platform, with nearly 12,500 risks bound in...