Reinsurance, wholesale and specialty broker Ed has fully integrated Ki’s algorithmic underwriting with its etrading platform TradEd.
It’s hoped the integration of Ed and Ki’s platforms will introduce seamless access to Ki’s follow-only capacity, enabling brokers to quote and bind risks without leaving Ed’s system.
“This is an exciting development, in line with Lloyd’s Blueprint Two vision, and one we are pleased to be collaborating with Ki to achieve,” said Jonathan Prinn, chief digital officer, BGC’s insurance businesses.
“TradEd’s data capturing capabilities puts Ed in the ideal position of being able to take full advantage of Ki’s digital and algorithmically-driven platform.”
Mark Allan, CEO of Ki, added, “We’re pleased to have successfully integrated with TradEd who share our vision for a digital and data-driven marketplace.
“Integrating with our broker partners is an important strategic priority for Ki and supports our goal of delivering a seamless placement journey while also enabling more efficient access to capacity for clients.”