Lloyd's issues statement emphasising support for PPL

The Corporation of Lloyd's has issued a declaration of
support for the Placing Platform Limited (PPL).
In a market bulletin sent out earlier today, global head of
operations Joe Dainty said Lloyd's had been advised that some
market practitioners remained "uncertain" on the
Corporation's view as to whether electronic placement was
acceptable.
"Lloyd's is committed to modernisation in the London
market and considers e-placement on the PPL to be a critical
element of that modernisation.
"Lloyd's wi