Placing Platform Limited is pleased to announce the latest step in the market’s transition to the Next Gen platform.
All three of the largest global brokers: Marsh, Aon and WTW, are now live with Next Gen as the market heads towards full transition to the new platform by 1 October 2023. Major London market specialty broker McGill & Partners, and Guy Carpenter have also recently gone live, meaning that all the top ten brokers in the market are actively using PPL.
Added to those already on the platform, including Howden, Lockton, AJ Gallagher and Tysers, PPL estimates that brokers who place over 95% of the risks in the market are in place on PPL Next Gen.
Colin O’Malley, Chief Operating Officer of Placing Platform Limited said:
Each of the major brokers has had their own path to the adoption of Next Gen. It is great news that we now have all the larger brokers set up on the platform and with plans in place to ramp up to full usage by October 1st. Our attention will now turn towards supporting firms in the the completion of this transition.