Ebix Europe to end 7-year tenure as PPL provider, launch PlacingHub

Ebix Europe will continue to focus on the independent growth and innovation of its new and improved electronic placing solution, PlacingHub.

PlacingHub is a platform developed by the London market’s most experienced digital placement experts. It is now live and attracting strong interest from leading re/insurance brokers and carriers.

Ebix Europe will continue to provide support to PPL users until the end of the year. The company has a proven track record of successful delivery and support and is looking forward to the freedom to take an unbounded approach to the innovation and growth of electronic placement in the future.

Ebix Europe vice president, Pete Smyth, said: “We are delighted to be now independently enhancing the digital transformation of our sector and bringing our full strength and expertise to the table. We offer market participants a seamless and painless transition onto our platform and accelerate the journey to data-first.”

Smyth also thanked the market for its tremendous support over the past seven years. He said: “We look forward to that continuing long into the future.”

The launch of PlacingHub marks a new era for electronic placement in the London market. The platform is designed to be more efficient, user-friendly, and data-driven than its predecessor. It is expected to play a major role in the continued digitisation of the London market.