RI3K

RI3K in IT tie-up to ‘re-energise’

Monia Micic — Wed, 09 Dec 2009 11:12:43 +0000

RI3K, the London-headquartered risk-trading platform, is planning a major revamp next year which will see it tie up with a global IT provider.

RI3K announces ‘Click Endorsements’

Monia Micic — Wed, 09 Dec 2009 10:19:29 +0000

RI3K has announced that brokers and carriers will soon be able to use the RI3K electronic trading service to transact endorsements on a contract which has been placed by traditional paper methods.

London cannot rest on laurels

Monia Micic — Mon, 30 Nov 2009 09:32:55 +0000

The London market is ahead of the other global insurance markets when it comes to electronic placement but it must build on this within the next three years if it is to maintain its advantage, panellists said at the Insurance Day Technology Forum in London.

Placing risks ahead of the queue

Monia Micic — Wed, 22 Jul 2009 08:00:28 +0000

Darren Doherty, MD of BMS Facultative Ltd, and his team have been piloting use of RI3K. He discusses the benefits they are seeing from their move to electronic placing and some of the challenges they have faced on the way.

Maturing nicely but scope for further improvement…

Monia Micic — Fri, 27 Mar 2009 11:34:58 +0000

Tim Caroll, newly installed as Underwriting Director at Canopius, reflects on the progress that the market has made and the work still to be done.

Lloyd’s Mark II

Monia Micic — Thu, 26 Mar 2009 11:05:52 +0000

The institution is having another go at building a market-wide electronic system. Meet the dynamic duo leading the Exchange pilot: Sue Langley of Lloyd’s and Luke Robertson of IBM.

Lloyd’s electronic Exchange may link to regional brokers

Monia Micic — Thu, 26 Mar 2009 11:00:52 +0000

Regional brokers could gain access to Lloyd’s when the market’s new electronic Exchange project is up and running, according to its developer IBM.

How market reform led by London will encourage a healthier global market

Monia Micic — Mon, 29 Dec 2008 12:34:27 +0000

As the London market gears up for the forthcoming busy renewal season, Alex Letts explores the progress made by the Industry in 2008 in meeting the Market Reform Group’s ambitious targets to raise the level of insurance e-placement.

Carroll takes on advisory board role at RI3K

Monia Micic — Tue, 02 Dec 2008 11:26:12 +0000

Tim Carroll, who is due to leave his role as chief executive of Swiss Re GB at the beginning of next year, will chair the newly-formed advisory board for electronic trading service RI3K.

Aiming for a rapid exchange of data

admin — Tue, 25 Nov 2008 16:15:02 +0000

A group of leading reinsurance companies and brokers want to revolutionise the industry by introducing a global electronic data transmission system along the lines the network used by the banking industry.