Source information from Lloyd's of London

Lloyd's of London: /insights/lloyds-lab/faqs

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  1. Lloyd's of London

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    Insurance market located in the City of London.

    • What type of solutions are you looking for?

      “We’re looking for solutions that have the potential to create true commercial value for the Lloyd’s market. Whether by reducing acquisition expenses, helping Lloyd’s market businesses make better underwriting decisions, making operations more efficient or improving the policyholder experience, we want to see ideas that can have a real impact on market performance.”

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    • Who can participate?

      “Companies, entrepreneurs and start-ups from across the globe who are prepared to develop their products and services in collaboration with Lloyd’s and the Lloyd’s market.”

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    • I’m not an insurance business – can I still participate?

      “Lloyd’s Lab is not exclusively for insurance-focused ventures. We’re also interested in working with products and services from outside of insurance that could have applications in the industry. For example, if you have a great data analytics platform, you could work with us to see how it could help us to understand new risks.”

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    • I’ve been in accelerators before and have customers – is this right for me?

      “The Lab Accelerator programme is for those looking to develop or further their products/platforms/processes with the help of experienced market professionals. The Lloyd’s Product Launchpad is for businesses seeking capacity for products. Businesses pitch their products to a panel of innovation underwriters who can then follow up individually.”

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