06-03-2017 13:56 via insuranceinsider.com

PPL adds marine on time after resistance

Electronic insurance exchange Placing Platform Ltd (PPL) has
begun taking marine business, belying expectations that it would
have to accept a delay in the face of a market revolt.
The marine market has been sceptical about PPL, with a committee
of marine underwriters complaining in January that the system was
not yet fit for purpose.
Bringing the marine market onto PPL has been the toughest
challenge so far for the placement system, which was introduced in
2016 to financial lines...
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