PPL binds 1,600 risks in first seven months

Two-thirds of the open market financial and professional lines
risks placed by 10 key brokers are being transacted via Placement
Platform Limited (PPL), the project's chairman David Ledger has
told The Insurance Insider.
Over 1,600 risks have been bound via PPL since it was launched
in July 2016. This includes over 1,000 financial and professional
lines risks and 300 terrorism risks, according to data provided by
the London Market Group (LMG) and Ledger.
The LMG added that 2,672 endorsements hav