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Ambant tackles client monies trapped in brokers' loss funds

Bag of money

Ambant has launched a loss fund service, which aims to tackle millions of pounds sitting unproductively in unreconciled, lost, forgotten or inaccessible loss funds held by brokers and third party claims administrators.

The new initiative, aimed at insurers and Lloyd's Syndicates, reviews legacy and live loss funds to ensure client monies are identified and either used efficiently or returned to their owners.

Ambant

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