General Insurance Article - Marsh places more than ten thousand risks in 2018

 A core component of the London Market Group’s Target Operating Model, which aims to make it easier to transact insurance in the London market, PPL enables brokers and insurers to quote, negotiate and bind business digitally, removing paper from the process and creating a digital information flow and audit trail.

 Paul Moody, CEO, UK Specialties, Marsh commented: “We’re delighted to achieve this significant milestone on PPL. By driving adoption of electronic placement we are able to enhance service to clients by producing key documentation when the risk is bound, which can then be sent to clients on the same day. With all policy details stored digitally in one place, insurers can easily access risk information in the event of a claim, making the process more efficient for clients. Marsh fully supports PPL and is committed to accelerating adoption of the platform.”