18th April 2018 – The board of PPL Ltd announced that the Accident & Health classes of business went live on the platform on Monday 16th April. This is a significant addition to the suite of risk classes available to brokers and underwriters.
Bronek Masojada, Chairman designate of the PPL Board said: “Our ambition is to drive adoption from 15% to 80% of London risks. With accident & health going live, almost all classes of business are on the platform which means that underwriters and brokers are able to quote and bind risks across most of the market.
“We now need the broking and underwriting communities to get behind the adoption targets and get rid of slow, expensive paper-based processes – ensuring the future competitiveness of the London Market.”
PPL is a core component of the London Market Target Operating Model.
For more information please contact:
Caroline Wagstaff, Luther Pendragon | Tel: 020 7618 9158