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Hiscox CEO to chair London Market Group's electronic placing platform

The board of Placing Platform Ltd., the London Market Group's electronic placing platform, named Bronek Masojada chair.

Masojada, CEO of Hiscox Ltd., will replace outgoing Chair David Ledger and said the group will work with broking and underwriting communities to drive adoption to 80% from 15% of London's risks.

It was not made clear when Ledger will step down.