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25 February 2018

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LMA urges more work before PPL is made compulsory

Bernard Goyder 5 February 2018

The Lloyd's Market Association (LMA) has called for five changes to the market's electronic placing system before it becomes compulsory.

The trade body for Lloyd's managing agencies made the call after the Corporation's CEO Inga Beale this morning said that she planned to make all brokers and underwriters at Lloyd's use Placing Platform Limited (PPL), once a consultation with the market has taken place.

LMA chief executive David Gittings said in a statement: "A combined market effort has seen good...


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