Market modernisation
News, insight and comment on how the re/insurance market is changing for the future.
Cutover ‘must be fit for purpose’ as Blueprint Two phase one delayed again
London market bodies insist safety must come first as Lloyd’s confirms further delay to phase one cutover of major market modernisation initiative
LSM adopts WTW’s Neuron digital trading platform
The specialty insurer says using Neuron platform will improve the speed and scale of its follow business
PPL launches integrated digital contract capability
Contract capability aims to enable brokers to create structured data templates with API connectivity to their in-house systems
Lockton launches digital office to drive data analytics innovation
Global broker appoints Claude Yoder as chief data, analytics and digital officer to head the new operation
Man versus machine in the technology arms race
As the technology arms race intensifies, insurers must navigate the balance between leveraging algorithms for automation and maintaining the indispensable value of human judgement
PPL launches express renewal functionality
New functionality simplifies risk renewals for brokers with faster processing, automatic data updates and improved navigation
London Bridge hits $1.92bn deployed capacity
Lloyd’s protected cell vehicle had established 19 cells by the end of 2024 with committed capital of more than $2.5bn
Digitalisation remains a top priority for LMA
Lloyd's Market Association will continue to focus on the safe delivery of Blueprint Two this year
PPL restructures leadership team
New structure places greater emphasis on identifying growth opportunities and deepening client relationships, placing platform says
McGill launches digital auto-follow broker facility
Led by Beazley's Smart Tracker syndicate, the Auton facility offers access to up to 20% capacity across multiple lines of business
Culture change is at the heart of digital transformation, Neuron CEO says
As broker WTW readies to roll out its digital trading platform Neuron, its chief executive says the focus will be on driving adoption
Acord launches data exchange platform
New placing interface will act as a ‘universal hub’ for exchanging placing data for insurers and brokers, company says
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