Jardine Lloyd Thompson (JLT) has become the fourth major broker to back Kinnect, the electronic platform that exchanges risk data and wordings between brokers and underwriters.
It is now the 21st business to back the platform.
Dominic Burke, chief operating officer of JLT, said the group “is pleased to put its full support behind Kinnect. The Kinnect platform will not only bring significant benefits to our business, but just as importantly will help the continued drive for greater efficiency within the London market."
The platform also has the backing of underwriters representing more than 60% of capacity at Lloyd's.
Kinnect chief executive Toby Davies said: “Kinnect's role in reforming the market is clear – delivering greater efficiency, security and speed in insurance transactions. Working with the 21 businesses backing us, we continue to make excellent progress towards that goal.”
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
