The formal commitment to electronic insurance placement through the Placing Platform Limited (PPL) platform is the latest development in the journey towards market modernisation.
The International Underwriting Association (IUA) has added to the chorus of support for the e-placement commitment announced last week at the London Market Group (LMG) forum.
Jeremy Adams, the former chief executive of Novae's Lloyd's managing agency, has joined the Nexus Underwriting Management board as an independent non-executive director with immediate effect