PPL deployed to place 6,000 risks

More than 6,000 risks have now been bound using Placing Platform
Limited (PPL), the insurance exchange introduced a year ago as part
of the London market modernsation programme.
PPL has shared its usage data for the past year with
The Insurance Insider.
April was the month where the most risks were bound using the
system, with 1,299 slips processed. In May 870 risks were written,
with 871 bound in June.
PPL has been embraced by brokers and
underwriters in financial...