The service to bring electronic placing to the London market is likely to target UK property as the next class of business following the terrorism rollout, The Insurance Insider understands.
The deadline for the submission of grandfathering applications has passed today (8 February), in another step towards the UK Senior Insurance Managers Regime (SIMR) coming into force.
The Placing Platform Limited (PPL) board has still not signed a contract with Ebix, one year after the insurance software firm was selected to develop an electronic placing platform for the London market.
