Electronic distribution to grow in London
Wednesday, 01 24 2018, Category: Technology, Country: United Kingdom
London and International Insurance Brokers’ Association (LIIBA) said it is determined to see electronic placement as the “predominant distribution tool” in the London insurance and reinsurance market by the beginning of 2019.
Christopher Croft, Chief Executive Officer (CEO) of LIIBA, explained that the organisation is, “Determined to see PPL become the predominant distribution tool in the market by the start of 2019. PPL is all about improving our approach to placing and reducing our reliance on paper – allowing us to focus on the face to face negotiations for which this market is renowned.