Marsh said it would adopt a technology system with the aim of transforming its Corporate Client Practice (CCP).

CCP has today announced plans to place 70% of its business around the UK using its technology platform Eurotrade and its main route to market, Placement Plus.

Eurotrade, it said, would process all of the main products traded in CCP and enable client advisors and underwriters to communicate in real time.

It will also develop Placement Plus for use in managing all or similar risks for a particular client and single transactions.