Placing Platform Limited (PPL) has introduced its new Express Renewal functionality, aimed at simplifying and speeding up the process for brokers to renew risks on the platform.
Initial testing of the feature showed a significant reduction in the time required to process renewals, according to the company.
This development builds on the Express Contract functionality launched in September, further enhancing the platform with streamlined workflows, automatic data population and improved navigation for users.
Key features of the new functionality include fast-tracking single contract renewals with up to six sections; automatic copying of expiring risk data and market details to new contracts; automatic updates to inception and expiry dates, and a redesigned navigation structure, offering clearer steps, consistent signage and actionable guidance to help users.
The initiative was developed based on input from PPL’s market governance committees and insights gathered from structured research with broker users across multiple firms.
Andy Woolley, chief design officer at PPL, said that the company is committed to improving user experience across core platform functionality.
“Express Renewal functionality is a key step on this journey and introduces a streamlined process, housed within an intuitive user interface,” Woolley said. “This latest development reduces the time it takes brokers to handle renewal business, lessens the risks associated with the re-keying and better supports platform users of all abilities through simple linear navigation.”
Woolley also highlighted the support provided to platform users, noting that more than 500 users participated in training webinars, and there has been a marked increase in engagement with resources on the PPL Learning portal. He expressed gratitude to brokers involved in designing the functionality and confirmed plans for additional platform enhancements in 2025.