Next Gen will from 1st October become the only PPL platform available to place new risks. From this date the option to create a new firm order will be removed.
PPL said that any firm orders created on the old platform before this date can still be completed until 15th December. The ability to endorse a firm order already on the old platform will not be impacted next week, as this type of endorsement can still be created and completed on or before 15th December.
Colin O’Malley, chief operating officer at PPL, said: “Completing the switchover to Next Gen represents a turning point in the digitalisation of the London insurance market. Our partners across the market have been working for over six months on transition plans to Next Gen, and we have been seeing a large upscale in volume on the new platform in recent weeks as brokers have begun to place their Q3 renewals and new risks onto Next Gen. We would like to thank our partners for working with us over this period to deliver on our client commitments.
“We expect a busy month for the platform and have allocated additional resource to manage what we expect to be a high volume of support calls from new users and those navigating complex new risks for the first time.”
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