Market modernisation
News, insight and comment on how the re/insurance market is changing for the future.
PPL partners with Microsoft on trading hub
Partnership will incorporate Microsoft’s artificial intelligence, data and productivity tools into PPL’s specialty insurance trading platform workflow
PPL introduces simplified 'express contracts' route
Streamlined process enables brokers to fast-track single contract placements
Supercede upgrades platform to streamline reinsurers’ workflows
Reinsurance-focused insurtech introduces ‘exhibit-first’ view that offers access to a consolidated snapshot of all risk data
LMA launches computable contracts consultation
Consultation aims to engage all delegated authority stakeholders to facilitate adoption and implementation of the new model wordings and systems
Velonetic CEO exits in leadership refresh
Lloyd's chief operations officer, Bob James, takes the reins at London market technology joint venture to deliver Blueprint Two phase one cutover
New York releases final AI guidance for insurers
Supervisors expect carriers to prevent discrimination and establish AI management structures
Blueprint Two phase one cutover 'not before 2025'
Year-end reporting and the January 1 renewals mean a cutover to the new digital platform cannot take place before February 2025, LMA chief executive, Sheila Cameron, says
Blueprint Two phase one postponed amid testing delays
Velonetic says testing is running around eight weeks late but has not put a timeline on a new cutover date
InsurX appoints Watson as chairman
Canopius founder joins digital risk exchange
Whitespace set to roll out workflow automation
Electronic trading platform’s first workflow automation solution launches in the second half of this year
Tide will underpin the future of DDM as an elective model in the London market and beyond
Following the announcement of an elective model for Delegated Data Manager, Tide will play a vital role as the engine of this proven bordereaux solution. Charles Taylor’s SaaS platform will continue to streamline transactions and provide the power and continuity for delegated data business
Acord expands standards to include facultative insurance
Version 1.3 supports the electronic placement of all reinsurance contract types, the standard-setting body said
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