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Technology debate - Why London's new IT platforms could make bureaux obsolete.
(From Reinsurance)
Byline: Tony Illinesi.
With the many initiatives, services and technology solutions available to support the London market, surely the time is right for a fresh look at the appointed ways the market is taking. Many paths lie open, but which would we choose if the London insurance market was a Greenfield site?
Today, complex risks are negotiated face to face. If the rate set is not sufficiently competitive, alternative underwriters are just a few steps away!
Once rates and terms are agreed, full placement is achieved by simply walking through the Lloyd's and company markets. The physical proximity that so readily ...
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