Reinsurance News
Lloyd’s Lab
Lloyd’s and Ireland’s Department for Finance partner to drive insurtech innovation
30th September 2025
Lloyd’s, the world’s oldest insurance and reinsurance market for global risk, and Ireland’s Department of Finance, have strategically partnered to foster insurtech innovation, strengthen market resilience, and promote Irish expertise globally. This collaboration will create a dedicated Irish-themed cohort within the Lloyd’s Lab Accelerator Programme in the first half of 2026. Established ... Read the full article
Testudo launches AI insurance underwriting platform backed by Lloyd’s Lab
18th June 2025
Lloyd’s of London-backed start-up Testudo, part of Lloyd’s Lab innovation accelerator, has launched a new data and technology platform aimed at underwriting insurance policies for risks associated with artificial intelligence. Testudo, a company incubated through several legal and enterprise accelerators and supported by investors including LocalGlobe and Goldman Sachs partners, seeks ... Read the full article
Lloyd’s & Moody’s to develop emissions accounting solution through Lloyd’s Lab
14th September 2023
Lloyd’s has announced a collaboration with Moody’s Analytics to develop a solution that will help quantify greenhouse gas emissions across managing agents’ underwriting and investment portfolios. According to Lloyd's, the solution will aid managing agents in meeting expected regulatory reporting requirements. Under current frameworks like Streamlined Energy and Carbon Reporting (SECR), ... Read the full article
Dozen insurtechs to join Lloyd’s Lab new Asia Pacific climate, cyber and sustainability cohort
7th September 2023
Re/insurance marketplace Lloyd’s has announced the 12 insurtech firms set to join the 11th cohort of its innovation hub, the Lloyd’s Lab, which will focus on climate, cyber and sustainability in Asia Pacific. The new theme introduced this year will focus on developing solutions to some of the biggest risks faced ... Read the full article
Lloyd’s partners with DET to drive growth opportunities for insurtechs in Dubai
13th June 2023
Lloyd's, the global insurance and reinsurance marketplace, has entered into a new partnership with Dubai’s Department of Economy and Tourism (DET) to develop a Dubai Insurtech Enablement Platform, designed to facilitate holistic growth opportunities for insurtech start-ups and entrepreneurs in the region. The pair have signed a Memorandum of Understanding which ... Read the full article
Lloyd’s Lab reveals insurtechs for Europe-focused cohort
29th March 2023
Re/insurance marketplace Lloyd’s has announced the 13 insurtech firms set to join the 10th cohort of its innovation hub, the Lloyd’s Lab, which will include a focus on the European market this time around. For this cohort, the insurtechs were selected based on solutions geared towards three themes: European Digital and ... Read the full article
The InsurX Exchange opens for all London market brokers and insurers
31st January 2023
Lloyd's Lab alumnus, InsurX, has today announced that its digital capacity exchange for the London insurance market is now live, with an initial capacity commitment to write £20 million of gross written premiums. The InsurX Exchange has been launched to enable the London insurance marketplace to trade smart-follow capacity faster, better, ... Read the full article
Insurtech firm Yokahu to be part of ninth cohort of Lloyd’s Lab
15th September 2022
Insurtech firm Yokahu has been selected for inclusion in the ninth cohort of the Lloyd’s Lab to develop a new parametric loan default protection product. A statement from the firm said the product had been selected after a competitive pitching process. It will be embedded into, or alongside, a loan such ... Read the full article
BirdsEyeView closes seed funding round
17th June 2022
Insurtech startup BirdsEyeView has closed a seed funding round led by SFC Capital, with the funds matched by the European Space Agency (ESA). In a release, the firm said that the funding will be used to grow the team, further develop BirdsEyeView’s tech and match ESA funding. James Rendell, CEO and co-founder ... Read the full article
Ed Gaze steps down from Lloyd’s Lab
19th May 2022
Ed Gaze has announced he is stepping down from his role as head of Lloyd’s Lab, the insurtech innovation incubator embedded within the London-based insurance and reinsurance marketplace. In a LinkedIn post, Gaze said that he was moving but gave no further details as to his next destination. However, he said that ... Read the full article
Participants in next cohort of Lloyd’s Lab unveiled
31st March 2022
Lloyd’s has announced the next eleven InsurTech start-ups that will join the eighth cohort of the Lloyd’s Lab. The market said it had received over 150 applications, which it had whittled down to the final selection of eleven. These will form the next cohort of the Lloyd’s Lab, beginning on 25 ... Read the full article
Atrium Underwriters teams up with AI firm Tautona
2nd February 2022
Atrium Underwriters is to automate the initial evaluation stage of its North American property claims through a partnership with IT firm Tautona. The partnership will use an AI system built by the latter, and which the companies say has been through a ‘lengthy pilot stage’. It is understood that it is ... Read the full article
Cryptocurrencies & claims a focus of the seventh Lloyd’s Lab cohort
6th August 2021
Lloyd's has today unveiled the next 11 InsurTech startups joining the seventh group of the Lloyd's Lab innovation accelerator programme, which this time will focus on the development of simpler products and solutions targeting the cryptocurrency space. Lloyd's selected its next cohort of InsurTech startups from 179 applications, with each successful ... Read the full article
Lloyd’s Lab announces its sixth cohort additions
15th April 2021
Lloyd’s of London has announced the next eleven InsurTech start-ups to join the sixth cohort of the Lloyd’s Lab innovation accelerator programme. The program will be focused on creating simpler products for customers, including building solutions related to climate risks. This follows Lloyd’s commitments to reducing complexity and enhancing coverage clarity outlined ... Read the full article
Praedicat and Lloyd’s Lab develop risk model for casualty insurers
25th November 2020
Lloyd’s Lab and risk modelling firm Praedicat have developed a series of scenarios for the casualty insurance market in the face of the COVID-19 pandemic. The scenarios are designed to help insurers that have a clash risk from COVID-19 that impact general liability and directors & officers (D&O) lines within an ... Read the full article
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