Insight and Intelligence on the London & International Insurance Markets 19 Feb 2018

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Market stands behind Beale's PPL rallying cry

  • Adam McNestrie 6 February 2018
  • Inga Beale's statement yesterday that Lloyd's was willing to mandate the use of Placing Platform Limited (PPL) was not quite the go-it-alone pronouncement it seemed, with the move agreed by the London market's modernisation group early last week.

    The Target Operating Model (Tom) steering board, which is chaired by Beale, is understood to have first discussed the prospect of Lloyd's mandating the use of the electronic placing platform in November.

    The board includes representatives from each of the big three...

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