London market trades aviation risks electronically
Tuesday, 06 12 2018, Category: Technology, Country: United Kingdom
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 able to quote and bind risks across most of the markets. This is key to our goal to drive adoption from current levels to 30 percent of London risks by the end of 2018,” said Bronek Masojada, chairman of the PPL Board.
Source: Insurance Journal