Will Covid-19 spark the shift from F2F to electronic placement of risk at @LloydsofLondon?
PPL (Placing Platform Limited) has seen a x3 increase in weekly risk placements
#insurtech @riskbook got emergency approval as a 3rd party platform in April too.
PPL (Placing Platform Limited) has seen a x3 increase in weekly risk placements
#insurtech @riskbook got emergency approval as a 3rd party platform in April too.
Personally, I think yes - for the 80% of non-complex risks that flow through the market.
But, habits formed once are not broken easily - it depends for how long folks are locked out of 1 Lime Street.
Great reporting from @oliver_ralph at FT on the subject https://www.ft.com/content/e51324dc-2084-4915-b98d-42fac7819b2f">https://www.ft.com/content/e...
But, habits formed once are not broken easily - it depends for how long folks are locked out of 1 Lime Street.
Great reporting from @oliver_ralph at FT on the subject https://www.ft.com/content/e51324dc-2084-4915-b98d-42fac7819b2f">https://www.ft.com/content/e...