London Insurance Market Operations & Strategic Sourcing (LIMOSS) is a not-for-profit company, owned by the LMA, IUA and Lloyd’s, that sources and operates common Market Services for the London Insurance Market to deliver high quality service and value for money.
LIMOSS’s value are:
Transparency: LIMOSS is not-for-profit and funded by scores of market firms who need to know it delivers value for money and operates to high standards.
Professionalism: the market needs LIMOSS to operate to high professional standards in its sourcing and oversight of Market Services.
Independence: competing carriers, brokers and suppliers must have absolute confidence that LIMOSS is not in anyone’s pocket.
People: LIMOSS must set an example to suppliers of how the London Market demands that firms operating in it offer high standards of care of their people.