LimeIQ Presents Delegated Authority Solutions at LMA Event

On 15th May 2024, The Lloyd’s Market Association (LMA) invited Greg Zarin (Founder) and Sophie Seago (Director) to give a presentation on behalf of LimeIQ related to its various solutions. The session was open to those interested in Delegated Authority solutions and was attended by more than 150 lead market participants.

The presentation involved a demonstration of LimeIQ’s Delegated Authority (DA) solution developed to address the data frustrations of quality data issues in bordereaux (BDX) presentations and the challenges of reconciling Faster Claims Payment (FCP) cashbooks to BDX files.

LimeIQ walked its audience through the key features of this solution, which was already successfully used by some carriers and Delegated Claims Administrators. It also highlighted the value proposition created through validating and transforming data into a common standard and reconciling FCP cashbooks and BDX entries. The result is a predictable, unform BDX presentation ready for submission to the market.