Over time, the London Market has built a portfolio of common technology and business process services on which it depends to connect carriers and brokers and enable the efficient execution of insurance processes.
These include the Bureau (XIS and XCS), TMEL, PPL and the Market Services developed by the LM TOM including, among others, DA Audit, DDM, SDC and the Data Glossary. All of these Market Services are sourced from third-party suppliers.
Under the direction of the LMG, LIMOSS was established as the London Market’s in-house team to source and manage the operation of these Market Services.