JLT holds out on PPL

JLT is the only major London-based broker not to sign up to
electronic trading system Placing Platform Limited (PPL),
The Insurance Insider
understands.PPL, which launched in July, is one of the core initiatives of
the London market's Target Operating Model, a reform programme
that aims to modernise market processes.Last September, senior executives of 16 broking firms
representing more than 80 percent of business placed in the London
market made a formal commitment to the electronic placement o