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LSG

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United States

Founded in

2003 (22 Years)

Founded

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know LSG

    Legal Solutions Group, LSG, offers legal software and outsourcing services that helps insurers, TPAs, self-insureds and other enterprise modernize their legal operations while reducing overall legal spend, e.g. panel counsel litigation spend. LSG deploys solutions such as claims litigation and panel counsel management software coupled with legal bill review to automate inefficient human-manual tasks and to improve bottom-line profit margins. Predictive analytics are applied to identify high risk claims early on, enabling claim adjusters to make better decisions prior to and during litigation, resulting in ALAE reduction of ~10%. Spanning North America, UK/Europe and Asia, LSG supports a growing and diverse set of clients. The company was established in 2003 and the initial offering was as simple as solely providing legal bill review services. The product and services portfolio has expanded considerably since then, including legal solutions such as claims litigation and panel management software. To date, LSG has saved their Fortune 500 clients, including the likes of Coca-Cola, Nike, Intel and IBM, over $1.2 billion dollars on legal operations costs and legal spend. This has been achieved with a keen combination of legal bill review and enterprise legal management software, as well as other solutions, driving efficiency and automating outdated processes and unnecessary staff. LSG is certified to the ISO 9001:2015 international standard, and also complies with SOC III, GDPR and other standards.

    Industry

    • Financial InsurancePRIMARY
    • Financial Legal Service
    • Technology Software Development

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