Lloyd's to mandate the use of PPL

Lloyd's is planning to direct all brokers and underwriters
to use Placing Platform Limited (PPL), the London market's
digital risk placement system.
Lloyd's CEO Inga Beale said that PPL adoption "is not
happening fast enough". As a result, she is proposing to
mandate the use of electronic placement across the market.
"Unless the market moves together it will not reap the
benefits and reduce administration costs. Electronic placement will
support face-to-face negotiation, further increase efficie