Placing Platform Limited (PPL) has introduced its latest innovation, the Express Contracts functionality, to expedite the process of binding risks for brokers.
The new feature simplifies the workflow, allowing brokers to finalise contracts more efficiently. In pre-launch trials, the time required to complete a single contract placement was notably reduced.
The revamped, user-friendly interface is also expected to minimise the need for user training.
Aside from accelerated placement of single contract orders with up to six sections, Express Contracts also features enhanced navigation that guides brokers through essential steps such as adding markets or facilities, assigning roles, and sending submission packs.
Additionally, the functionality’s new structure allows brokers to easily identify necessary steps, track their progress within the workflow, and save work and return to it at a later stage with ease.
Express Contracts was developed based on input from PPL’s market governance committees and insights from broker user feedback and structured research. The goal was to create a more efficient system for all platform users, including new ones and those who use PPL more periodically.
“The launch of Express Contracts marks a significant step in our efforts to deliver an intuitive user experience,” said PPL chief operating officer Colin O’Malley (pictured). “This latest development brings new navigation tools, clearer screen layouts, and a streamlined process, making it quicker and easier for brokers to place risk.
“We have put in place a broad range of pre-launch and post-launch demonstrations as well as training support for our 10k broker platform users; I have been delighted with the positive response we have received to date.”
O’Malley also extended his appreciation to the brokers involved in the design process and highlighted plans for future enhancements, especially ahead of the busy 1/1 renewal season.
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