Aon Global UK brokerage unit announced it was launching anadvanced database Pre-Placement Tool (PPT) that can be used tocheck and ensure that elements of a global policy meet allregulatory requirements before cover is placed.
At the same time the firm's London office also released itsPremium Allocation Tool (PAT) to ensure maximum compliance withlocal tax regulation.
Aon said that with PPT, a traffic light red warns if a policy is“nonadmitted” or must be placed by a local insurer, so clients canbe advised accordingly. The firm said hotspots in global policiesinclude:
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