LimeIQ Named First Approved Provider on LIMOSS Front-End Recs Panel

LimeIQ is proud to announce its approval as the first official provider on the recently launched LIMOSS Front-End Recs Panel, supporting the Lloyd’s Market’s adoption of Faster Claims Payment (FCP). Click here to learn more about FCP.

The LIMOSS Front-End Recs Panel was established at the request of the LMA Claims Committee to assist Lloyd’s Managing Agents in the London market simplify and strengthen their bordereaux management and reconciliation processes utilizing FCP.

LimeIQ’s built from scratch data intelligence platform is the first solution to deliver a successful FCP reconciliation tool and to be approved for the LIMOSS panel. It supports comprehensive Front-End Reconciliation, a critical solution for wider FCP adoption that resolves variances between Lloyd’s claims bordereaux and the associated FCP cashbook data. LimeIQ’s unique solution brings transparency and automation to a complex process, reducing downstream challenges, eliminating errors, and aligning the DCA, Broker, and Managing Agents in this effort.

LimeIQ’s platform is now available to the marketplace. For more information visit https://limoss.london/limeiq.