Placing Platform Limited (PPL) has deployed, on schedule, its first major upgrade since Next Gen was launched in March earlier this year.
According to PPL, this follows five “continuous improvement” releases that have introduced regular enhancements to the platform in the months since it was launched.
Release 2.0 contains over 100 functional changes, and also introduces enhancements to almost all areas of the platform.
PPL noted that the upgrade includes quote functionality, which possesses the ability to annotate and compare documents, and also has an underwriter team email notification capability.
It is also important to note that PPL is also planning to release three further “continuous improvement” upgrades in 2023, which will focus on cutover priorities to assist the market with transitioning off the old platform, and other enhancements requested by users.
Andy Woolley, Director of Product and Practice for PPL commented: “The 2.0 release is a major milestone and builds upon the foundations already in place. It will support the market in its transition to Next Gen by October 1st.
“The release also sets the stage for our next phase of development as we continue to work to support the market’s ambition of becoming better, faster and cheaper through digital transaction processing via APIs. These include adding CDR support to enable connection with the Blueprint 2 digital gateway in time for its phased rollout in 2024.”
Earlier this month, it was reported that the top ten brokers are now all live on PPL’s Next Gen risk placement platform. This includes major firms such as Marsh, Aon, and WTW.
Following the launch of Next Gen, PPL recently announced plans for the decommissioning of the original PPL V3 platform, and to confirm that the shutdown of the Ebix system will occur, as originally planned, at the end of 2023.
