Lloyd's Lab

investment firm

About

Lloyd’s Lab to help the Lloyd's market innovate and thrive in their increasingly digital, data-driven world.

Details

Industries
Insurance
Operating Status
Active
Investor Type
Accelerate

LLoyd's Lab is an Accelerator looking for startups/companies who can find and tap into alternative data sets to paint a more accurate picture of risk and help the market underwrite more profitably. Ideas could range from finding new data sources that highlight high risk policies for more accurate underwriting, to predicting future claims based on search engine trends, or aggregating existing data sets in new ways to reveal hidden trends. They are also interested in new insurance products and solutions which open up new markets (e.g. parametric products, pricing techniques, technologies that can help predict/forecast risks)

Investments

Number of Investments
Number of Lead Investments
2
1
Lloyd's Lab has made 2 investments. Their most recent investment was on Jul 1, 2020, when Layr raised $5M.
Date Company Name
Round Money Raised Industry Lead Investor
Jul 1, 2020 Layr
Seed $5M Artificial Intelligence
Jul 1, 2019 Layr
Pre-seed $625K Artificial Intelligence Yes