15th October 2018 – The board of PPL Ltd announced that the treaty reinsurance class of business went live on the platform today, completing its roll out of products. PPL’s focus will now be on continuous improvement of the technology, functionality and usability of the platform.
Bronek Masojada, Chairman of the PPL Board said: "It is great news that PPL now has all insurance and reinsurance classes of business live so that the whole market can continue its progress in adopting electronic placement. With a record number of risks bound on the platform in recent weeks, there are positive signs that brokers and underwriters are working together to reap the benefits of increased efficiency, reduced back office costs and, most importantly, improved client service.”
PPL is a core component of the London Market Target Operating Model.
For more information please contact:
Caroline Wagstaff, Luther Pendragon | Tel: 020 7618 9158
The Board of PPL today released the market wide data for risks placed electronically during the third quarter of 2018. Read more here
Press Release - here
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