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Market modernisation

News, insight and comment on how the re/insurance market is changing for the future.

Market Modernisation

UK captive consultation plans 'a great step forward'

London Market Group welcomes HM Treasury plans to consult on framework for ‘encouraging the establishment and growth’ of captive insurance companies in the UK

United Kingdom London

PPL confirms closure of old platform

Shutdown of the old PPL platform will go ahead as planned on December 15, PPL confirms

London Market Modernisation

Labour 'supportive' of London market regulation reform: LMG's Wagstaff

The London Market Group has made progress in its regulatory reform objectives. With a general election looming – and the prospect of a Labour government – there is still much work to be done, the lobby group’s chief executive says

London Regulation

Human element 'must not be forgotten' in technology development: Lloyd's COO

Bob James calls for a balance between individuals and machines, saying it is not ‘either/or’

London Lloyds

LMA and Liiba collaborate to digitalise delegated authority contracts

Lloyd’s-backed project aims to replace traditional word binding authority agreement with computable contracts

Lloyds London

PPL makes changes to 'improve user experience'

Functional enhancements to Next Gen platform cover areas such as quotes, submissions, firm orders and endorsements

London Lloyds

Viewpoint: Blueprint Two and the year of reckoning for the London market's digitalisation

London market participants have just eight months to meet a key deadline in the most ambitious technological project the market has ever undertaken

London Lloyds

PPL to pilot APIs with WTW and Tysers

Ability to embrace APIs is a key benefit of the NextGen trading platform, London market e-trading platform says

London Lloyds

LMA releases updated Blueprint Two playbook

The market has worked to address ‘many uncertainties’ since the first playbook was published, the LMA says

London Lloyds

Put data first or lose market share to Big Tech: Verisk’s Rayner

Verisk Specialty Business Solutions’ chief executive, Tim Rayner, describes how the digital revolution affects not only general re/insurance but also specialty lines and warns the threat of IT giants usurping re/insurance is real

Lloyds London

PPL confirms October 1 transition to NextGen

From next month the London market e-trading platform will remove the ability to place new firm orders on the previous versions of its platform

London Lloyds

Closing skills gap 'crucial to re/insurer resilience'

The growing complexity of risk makes the sharing of experience and knowledge increasingly important, Russell Group managing director, Suki Basi, says

International Market Modernisation
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