Articulate as ever, Professor Michael Mainelli builds on his recent presentation to the LMG to offer some thoughts on how MDLs (Mutually Distributed Ledgers) could be relevant the London Market TOM.
You can state ‘I Support TOM’ on a registration site or ‘like’ TOM on social media. There have been several ‘innovation’ events. There is an orange logo reminiscent of the 1990s when ‘orange was the new black’. The project has even tried to coin yet another tech mashup for the London insurance markets surrounding Lloyd’s – ‘InsTech’. This is not the first time that the London insurance markets have tried to modernise. They are serial reformers, their attempts have had varying degrees of success, from total failure to middling impact.