Alex Letts: chief executive, RI3K

Why, after the recent collapse of Kinnect, more than 10% of the London market will trade electronically by this time next year

Although 2005 was a rather tough year for RI3K, the London based electronic reinsurance trading platform established in 2000, it did prove to be beneficial in terms of the three key developments which, according to Alex Letts, RI3K’s chief executive, dramatically enhanced the platform’s prospects in 2006.