McGill and Partners is teaming up with Axa XL’s UK and Lloyd’s Business on a digital placement initiative.

Built on McGills’ proprietary Underscore broking platform, the partnership aims to streamline both the placement and underwriting process across multiple lines of business.

Steve McGill, CEO at McGill and Partners, said: “We’re thrilled to launch this partnership with Axa XL’s UK and Lloyd’s Business, who share our ambitions for a more efficient, innovative and digitally enabled insurance market. Our firm has been built on digital first principles, with a deep belief in the power of innovation to transform and improve outcomes for our clients. This partnership is another significant step which will enhance our clients’ experience.”

Sean McGovern, CEO, Axa XL, UK and Lloyd’s, added: “We are pleased to announce our strategic, digital-first partnership with McGill and Partners. This collaboration is a significant step in our market connectivity and digital underwriting journey. It allows us to harness the power of structured data and digital connectivity to deploy capacity efficiently on a risk-by-risk basis. This partnership not only enhances our trading relationship with McGill and Partners but also strengthens our position to deliver exceptional value to clients in a competitive landscape."

The capability may be rolled out to other partners in the future.

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