Reports point to e-trading surge among brokers
Coronavirus and tech drive in the Lloyd’s market have accelerated the adoption of e-trading in 2020.
Separate reports have pointed to an increase in e-trading in 2020.
Polaris, the UK insurance industry-owned organisation that provides products and services to support and grow online trading in the industry, highlighted that the number of policies traded on imarket, which connects broker software platforms to insurer systems for the trading of commercial lines insurance risks, grew by 4% to an all-time high of 482,000 policies in the year to 31 December 2020.
In addition, usage of Polaris’s
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