Lloyd's mandates brokers move to electronic placement alongside new targets
Lloyd’s has confirmed electronic placement targets for the first half of 2019, alongside a new mandate that all Lloyd’s brokers will be required to connect to a recognised electronic placement platform by 1 June 2019.
Brokers wishing to connect to the PPL platform are required to apply by 1 April 2019.
For the first quarter of next year, each syndicate will need to have placed at least 40% of its risks
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