Loss Funds

FullCircle has the leading experienced and professional resource providing loss fund optimisation and full repatriation in the London market.

Our team has been investigating and repatriating loss funds for over two decades and can deliver results in resolving all loss fund problems, even those associated to legacy, paper file funds. FullCircle’s loss fund recovery approach takes into account that a percentage of the outstanding amounts are quite often subjected to misappropriation in the process of fund management. Data integrity, full investigation of anomalies and excellent communication, coupled with the understanding of all relevant parties’ roles, must be taken into account to ensure swift resolution or steady progress towards correcting any oddities or system errors discovered.

FullCircle are keenly aware that the monthly bordereaux management and its reserving are good “bed fellows” with loss fund management and all efforts should be made towards optimisation. The recovery of these surplus funds embeds fundamental practices in all parties involved in the delegated authority claims management and more importantly allows much needed funds to be returned back into the hands of the lead and following market.

Our loss fund philosophy is as follows:

  • - Investigate
  • - Communicate
  • - Implementation
  • - Reconcile
  • - Recover
  • - Mitigate

 

FullCircle’s aim and objective with all our clients and potential customers, is to ensure that your legacy loss fund issues are corrected. The management of loss funds has evolved into a process that works perfectly alongside monthly bordereaux management and FullCircle can ensure missing or unrecoverable funds are never experienced again.

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