Business Environment

Creating an environment for innovation

Overview

We want to create an environment for innovation, so that the London Market is able to respond to new client demands and existing and emerging risks. To do this we need to ensure that we have the right business environment.

This workstream is working to help us achieve this aim, and the work includes:

  • Working with the UK government, parliamentary parties and the civil service to ensure they better understand the position of the London Market and its place in the UK economy
  • Developing an agenda for government to enhance the international competitive position of the market
  • Ensuring that the regulation of the market is appropriate and is proportional to the risks we pose, recognising the market competes worldwide

London should be the fulcrum of insurance invention, the place where new solutions that meet new customer demand are developed and nurtured.

Latest Content

First PPL adoption table published as strong performance continues

The Board of PPL today released the market wide data for risks placed electronically during the third quarter of 2018. Read more here

Contract signed for next wave of delegated authority tools

Press Release

PPL completes the class roll out with treaty reinsurance go live

Press Release

Over 50% of the market signs up as new platform goes live, making London easier to access for coverholders

Full Press Release

Target Operating Model launches tools to make access to solutions easier

Press Release - here

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