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September 07, 2010

Hi, Tech!

Lloyd’s brokers have embraced iPad: for the next three months the Apple product will replace traditional underwriting slips at Marsh, Cooper Gay and RK Harrison Group. The paper-free mission has been entrusted to 30 brokers. If the experiment proves successful, it will be extended for an unspecified period.
So – are we finally going to see a technological revolution at Lloyd’s? If yes, then Apple designers and engineers can really be called geniuses. The London market has been basically tittering on the electronic cutting edge for at least ten years (Kinnect, RI3K, ACORD, Xchanging, anyone?), but somehow never really entered the paperless realms. We’ll keep watching the show.

By the way, the lucky 30 – if you are reading this, please let us know how the trial is going.

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