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Summary
The Covid-19 crisis has placed a spotlight on the transition to digital in the London market, enforced home-working has put an end to face-to-face trading.
Use of e-placement technologies has increased, giving a fillip to John Neal’s plans to reform the way the Lloyd’s market does business. Individual carriers too have met with success with their own proprietary technologies, allowing them to access new markets and write premiums at lower costs, and providing an example for others to follow.