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Market modernisation

News, insight and comment on how the re/insurance market is changing for the future.

Market Modernisation

'Insurers need modern data partnerships'

Forward-looking insurers are using data partnerships to support their underwriting decisions, to the benefit of their bottom line

Market Modernisation Technology

Whitespace offers CDR compliance with update

E-trading platform announces further development of its defined data capabilities

London Market Modernisation

Howden launches London market cargo trading platform

Broker binds first risk on platform, which is backed by a panel of 20 insurers

London Marine

Focus: APIs are key as London market turns to ecosystems

Ecosystems are ushering in a new era in London’s modernisation and brokers, carriers and managing general agents must ensure their operating models are fit for purpose

London Focus

Focus: For Blueprint Two, the market needs to modernise its change processes

To succeed in its attempts at modernisation the market must update procurement processes, open up the central function and remain mindful of the customer throughout

Market Modernisation London

Focus: The dream scenario is integration across the Lloyd's market

Companies that move too slowly risk falling behind permanently as moderinsation momentum builds

Market Modernisation Lloyds

Focus: Firms must be fit for market transformation

The London’s market modernisation plans have speed and data at their heart

Market Modernisation Focus

PPL next gen delayed

Board of Placing Platform Limited says delivery will now be 'reassessed' as it highlights 'increased complexity and accelerated appetite for APIs'

London Lloyds

Data Council picks Acord for standards methodology

Acord’s global reinsurance and large commercial standard will align with the London market's new Core Data Record for accounting and settlement, and regulatory reporting 

London Lloyds

London market 'must address legacy systems'

Legacy systems 'will act as a millstone around market's neck' as risks managers say insurer and brokers must take 'much bolder strides towards the digital and talent transformation required for its post-pandemic future', Airmic survey finds

London Market Modernisation

PPL reports 17% growth in risks bound

More than 187,000 risks bound as users increase 18% in 2021, London market e-placing platform reports

London Lloyds

'Analytics process automation promises big benefits for re/insurers'

Deep learning technology can be used to automate simple, objective and time-consuming tasks – but the re/insurance industry remains well behind other sectors in speed of adoption

International Market Modernisation
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