Lloyd's joins forces with brokers in Ipad trial
Lloyd’s has joined with brokers Marsh, Cooper Gay and RK Harrison Group to trial the use of Ipads in its underwriting room.
The trial, set to commence in early September, will see the Ipads used as an alternative to the traditional underwriting slips. At present these huge bundles of paper make up most of the intricate insurance contracts handled at Lloyd’s.
Welcoming the trial, Martin South, CEO of Marsh UK, said: “We are committed to ending the inefficient practices that remain in the London insurance market. We commend Lloyd’s for undertaking this pilot; it has our full support.”
Paul Bridgwater, CEO of RK
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