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Market modernisation

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

Market Modernisation

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

Lloyds London

PPL introduces simplified 'express contracts' route

Streamlined process enables brokers to fast-track single contract placements

London Lloyds

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 

London Reinsurance

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

London Lloyds

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 

Lloyds London

New York releases final AI guidance for insurers

Supervisors expect carriers to prevent discrimination and establish AI management structures

United States Regulation

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

London Market Modernisation

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

London Lloyds

InsurX appoints Watson as chairman

Canopius founder joins digital risk exchange 

London Market Modernisation

Whitespace set to roll out workflow automation

Electronic trading platform’s first workflow automation solution launches in the second half of this year

London Technology

Acord expands standards to include facultative insurance

Version 1.3 supports the electronic placement of all reinsurance contract types, the standard-setting body said

Reinsurance Digitalisation
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