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