Insurance News

Lloyd’s Lab seeks another batch of insurtechs

lloyd's of london and willis building
Lloyd’s Lab, the insurance market’s innovation group, is launching a new global search for the next wave of insurance technology trailblazers. The idea is to attract innovators and entrepreneurs that offer solutions to some of the challenges faced by Lloyd’s. This is not the insurer’s first Lab intake. In October, the firm welcomed twenty entrepreneurs to pitch their ideas at an event attended by Lloyd’s CEO Inga Beale, and the UK’s Economic Secretary to the Treasury, John Glen MP. One of the start-ups invited by Lloyd’s was blockchain oriented BellMead Tech which was working on a blockchain-based claims handling solution. Lloyd’s specific aims are to find solutions for:
  1. Improving data-driven underwriting
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