Industry feedback drives PowerPlace fleet launch

Matthew Reed of Axa Commercial Lines

In response to broker feedback, PowerPlace has announced it is to launch a fleet product by June this year.

Talking about the company's main aims for 2010, Matthew Reed, PowerPlace chief executive, said it wanted to position the electronic trading platform as a credible commercial marketplace.

He added that PowerPlace was looking at a number of product lines in response to customer feedback.

"We will be going down the route of having a fleet panel with four or five characters by half way through the year and launch it together as one," he said.

"We have learnt a lot about buying behaviour from the

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