Lloyd's Lab: An accelerator seeking startups to leverage alternative data for profitable risk underwriting and innovative insurance solutions.
Location
London, Greater London, GB
Founded
2018
Lloyd's Lab is an accelerator program focused on insurtech startups that can leverage alternative data sets to improve risk assessment and underwriting profitability. The program seeks innovative companies developing new insurance products and solutions, with a particular interest in startups that can find novel ways to analyze and utilize data for more accurate risk prediction and policy pricing.
The accelerator has supported notable portfolio companies such as Layr, which has raised over $5 million in funding. Lloyd's Lab typically invests in pre-seed and seed-stage startups, providing them with access to industry expertise, mentorship, and potential partnerships within the Lloyd's insurance marketplace. The program aims to foster innovation in the insurance sector by connecting promising startups with established industry players.
Lloyd's Lab - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
