Howden binds first open-market risk on new cargo trading platform
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Howden binds first open-market risk on new cargo trading platform

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Howden has launched a trading platform dedicated to cargo business with a panel of 20 carriers signed up, and today bound its first open-market risk using the new technology.

The platform – dubbed xTrade Cargo – provides a digital architecture and settlement system, and enables insurer participants to collect, share and integrate standardised data into their pricing and modelling systems.

Howden

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