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Lloyd’s, LIMOSS and Vitesse renew claims payment tie-up for three years
Yahoo Finance· 2025-11-25 08:59
Lloyd’s Market Association (LMA), LIMOSS and Vitesse have agreed to extend the Lloyd’s faster claims payments (FCP) service for at least three years. The extended arrangement reinforces an “insured-first approach” that streamlines payments and return of capital to carriers’ balance sheets. The Lloyd’s FCP service has seen full enrolment from all managing agents. Under this agreement, Vitesse will continue to provide the FCP Service, which is integrated into Lloyd’s processes. LIMOSS will oversee the ma ...