St Paul at Lloyd's is working on a feasibility study to join Lloyd's risk data platform Kinnect.

It is understood that St Paul at Lloyd's is looking at whether to put its North American property business through the platform, with London market software specialist Intech supplying the back office claims system.

A Kinnect spokesman said: "We are talking to a number of managing agents at present. However, we cannot give any further details."

This week Lloyd's managing agent Ascot officially signed up with Kinnect.

The company joins a growing section of the Lloyd's market that is able to receive structured and unstructured data electronically from brokers, working to an agreed submission process. Ascot is confining its scope to North American property.

Ascot operations director Andy Stears said: "We have followed Kinnect's progress over the past year and Ascot believes that the time is right to put our weight behind this initiative. The recent increase in the number of North American property risks passing through the Kinnect platform from Marsh and Willis is of particular interest to us. This is an opportunity to build even closer links with these brokers within this major risk class for Ascot."

Kinnect chief executive Toby Davies said: "We are delighted that Ascot has chosen to work with Kinnect after a detailed feasibility study.

"Ascot's commitment is another step towards our goal of broad adoption and will stimulate further interest in Kinnect within the market."

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