General coverage

1st July 2008
Aon the way to e-Trading

Aon has made significant progress with its ambition to transact as much of its business as possible via an electronic platform and, as at the end of May 2008 had traded over 15,000 lines with over 160 markets via RI3K.

Market Reform Newsletter

Summer 2008
Lloyd’s branches out

With its arrival as Brazil’s first admitted reinsurer, Lloyd’s is continuing a strategy of accessing markets locally that is likely to next see a Middle East Hub.

IQ Magazine

16th June
London is seeing some Las Vegas luck

The adoption of Acord messaging standards is opening up in the London market for electronic global trade.

Insurance Day

1st June 2008
Electronic placement in London: a will, but no way

Two years after Lloyd's scrapped Kinnect and hired Richard Ward to drag it into the modern age, electronic placement is still a dream for most market players. Verena Horne asks why change is such a painful process for London.

Reactions

1st May 2008
A Swift Solution

Insurers and brokers are in talks to use the established Swift financial transfer network in move to speed up the pace of electronic placement of risks.

Insurance Times

1st May 2008
Getting The Message

As Lloyd's new e-commerce initiative gets underway, Alex Letts explains the very big difference between a data messaging hub and e-trading.

Global Re

22nd April 2008
RI3K brings new age of paperless e-trading

Broker Aon makes switch as rivals Willis and Marsh weigh up new platform.

Lloyd's List

14th April 2008
WIR Interview - Alex Letts, chief executive, RI3K

RI3K has been the sole surviving electronic trading platform in the London insurance and reinsurance market since the highly publicised collapse of Kinnect.

World Insurance Report

1st April 2008
Tunnel Vision

A whirlwind presentation from one of re/insurance's most famous figures, highlighted that resistance to electronic distribution in the Lloyd's market is not only self defeating to brokers but is also costing insurers dear, says Alex Letts.

The Review

1st April 2008
A perfect match

Following RI3K's implementation of its new message service for the insurance industry, it teamed up with global technology provider Kewill to combine their data handling technologies.

Insurance Age

March 2008
Get the plumbing right

London's transition to an electronic marketplace is occurring amid testing market conditions in which brokers in particular are focused on reducing costs to cope with falling premium rates and weak terms and conditions in most sectors.

Reinsurance Magazine

March 2008
Together, electronic dreams become reality

Aon are leading the drive of the realisation of the MRG vision of electronic support for risk submissions. 2007 saw the firm pursue this objective through offering business via the RI3K trading platform.

Market Reform Newsletter

February 2008
Aon Completes 80% of 1/1 electronically

Aon has completed as much as 80% of its 1/1 treaty reinsurance renewal placement electronically in December, with more than 5000 lines placed in this way through the RI3K Service.

Reinsurance Magazine

February 2008
Electronic love

As Aon reveals a huge leap in electronic placing at the 1/1 renewals, does this solidify technology's place in the London market?

Global Re

28th January 2008
RI3K prepares to unveil dedicated network offer

Next Monday, RI3K will be rolling out a new service - RI3K Net - which offers digital traders a securer, faster means of transacting business.

Insurance Day

23rd January 2008
Electronic trading takes its first steps

The 1/1 renewals took place amid an industry in transition, where historical practices are slowly being replaced by modern electronic processes.

Insurance Day

15th January 2008
Aon spearheads paperless plans

Willis and Marsh will decide in the summer whether to discontinue paper based risk placements in favour of electronic trading platforms, after Aon fed 80% of its reinsurance renewal through a paperless portal this December.

Insurance Day

15th January 2008
Electronic Trading Milestone as Aon Renews 80% of Re Treaties with RI3K

The London reinsurance market will never be the same following 2007's year-end reinsurance treaty renewals.

Insurance Journal

14th January 2008
Aon achieves electronic renewal goal

Broker places 5000 lines through RI3K electronic trading platform

Insurance Times

14th January 2008
Electronic love

As Aon reveals a huge leap in electronic placing at the 1/1 renewals, does this solidify technology's place in the London market?

Global Re

14th January 2008
Aon boosts electronic trading

Aon has completed as much as 80% of its 1/1 treaty reinsurance renewal placements electronically in December.

Post

14th January 2008
Aon in electronic renewal breakthrough

Aon Limited today announced that it had completed as much as 80% of its 1/1 treaty reinsurance renewal placements electronically in December.

Insurance Newslink

7th January 2008
Going digital can help to create contract certainty

Alex Letts offers his thoughts on the clarity and certainty that electronic trading can offer the market.

Insurance Day

4th January 2008
Market Leaders resolve that 2008 should be the year process change

Senior figures from across the Lloyd's market have put market and process reform at the the top of their wish list for the year ahead.

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Lysander PR
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