Following the successful launch of Next Gen, Placing Platform Ltd has confirmed the decommissioning of the original PPL V3 platform by shutting down the Ebix system at the end of this year.
CEO, Joe Gordon, said: “This is an important step for PPL and for the market. Most obviously, it removes the need for users to be trained on both platforms and for underwriters to have to respond to placements received on two platforms. It also removes the significant expense associated with running two complete and complex IT platforms and this will allow us to invest the money saved in enhancing Next Gen. And finally, it allows the PPL team to turn its entire focus onto the opportunities associated with extending PPL for digital integrations, Blueprint 2 integration and the data-first market.”
Users of PPL V3 are encouraged to accelerate their cutover onto Next Gen.
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