'Fear Factors' Seen As Chief Hurdle In Going Electronic

LONDON--Ingrained traditions and fear of change are presently the biggest hurdles for insurers and brokers moving to electronic trading, now that many data standards and technology infrastructures are

By Staff Writer | Updated on October 22, 2007

LONDON–Ingrained traditions and fear of change are presently the biggest hurdles for insurers and brokers moving to electronic trading, now that many data standards and technology infrastructures are in place, said experts at the ACORD London Conference.

“Technology is the least of your worries,” said Sue Langley, director of market operations and North America at Lloyd’s of London, during a panel on the future of placing.

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