Lloyd's paperless ambition
Upgrades in the electronic processing system at Lloyd's could mark the final nail in coffin for pape...
Upgrades in the electronic processing system at Lloyd's could mark the final nail in coffin for paper dockets. Since the computerised system was launched in September, it has processed some 34,000 transactions, according to the Accounting and Settlement Repository Board, the body that oversees the electronic premium processing technology. Premium-related transactions going through the Insurers' Market Repository, which works like an electronic filing cabinet, have risen from 400 a day at the end
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