E-commerce: First for Lloyd's as contract is exchanged on iPad
The first electronic fully-placed contract via iPad was exchanged at Lloyd's between BMS and Catlin using the RI3K platform.
The move was part of the successful pilot at Lloyd's, which began in September 2010 with Marsh, Cooper Gay and RK Harrison and has been rolled out to interested Lloyd's brokers.
Lloyd's has been collaborating with software providers RI3K, Webconnectivity and TIW to create applications to provisionally use with iPads but Sue Langley, director of market operations, said that the software would also be suitable for similar offerings such as the Blackberry Playbook.
Ms Langley said the trial had
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