Digital capacity exchange InsurX said it launched a platform in the direct and facultative property market with the participation of London brokers and underwriters.
Tag: London brokers
Number of LIIBA Members Committed to Electronic Placement of Risks Surpasses 100
More than 100 members of the London International Insurance Brokers’ Association (LIIBA) have now committed to signing up for the Placing Platform Limited (PPL), a core component of the London Market’s Target Operating Model. The adoption of electronic placement is increasing across the London market as an overall drive for greater insurance and reinsurance sector… Continue reading Number of LIIBA Members Committed to Electronic Placement of Risks Surpasses 100
City Watchdog Gives London Insurance Market Clean Bill of Health after Probe
The City watchdog has given London’s insurance brokers a clean bill of health after an 18-month probe concluded consumers were not being ripped off. The decision will bring a sigh of relief to the £60bn sector – which comprises Lloyd’s of London as well as brokers such as Aon, Willis Towers Watson and Marsh –… Continue reading City Watchdog Gives London Insurance Market Clean Bill of Health after Probe