Ebix Extends Support to Lloyd’s Plans to Mandate the Ebix Powered PPL Exchange
Summary
Recently, this Ebix powered PPL exchange was used to close the Aon Client Treaty facility for 2018, one of the largest and most complex transactions in the Lloyd’s market.This mandate by Lloyd’s could be a major step forward to further enhance the London market’s leadership and global reputation.With this exchange, London will be the first and only commercial insurance market globally to implement electronic placing fully and mandate its usage across the marketplace.There is a consensus that London has to continue to modernize to attract more global insurance business and this exchange is designed to lower placement costs and make the market more accessible to international clients.Through its various SaaS-based software platforms, Ebix employs hundreds of domain specific business and technology professionals to provide products, support and consultancy to thousands of customers on six continents.
Classifications
AskAI Classifications
LabelsLinked Companies
