Lloyd’s Lab Training

Lloyd’s Lab Training programme is an innovation training programme designed to equip professionals across the London insurance market with the skills and tools to validate industry opportunities that can drive market-wide change.

Over eight weeks, underwriters, brokers, and insurance professionals collaborate to conduct customer led discovery for cutting-edge insurance products within emerging risk areas. 

The programme is accredited by the Chartered Insurance Institute (CII), tailored to your business priorities, and recommended by 100% of previous participants. 

Sign up for Lloyd’s Lab Training

  • Identify customer led opportunities with emerging risk areas 
  • Build an innovation skillset you can use throughout your career 
  • Gain up to 25 CII CPD hours through our accreditation 

Programme dates: 12th January – 9th March 

Commitment: 8 Week programme, 3-5 hours per week (includes workshops, group coaching, and independent activities). Please note you will need to be available to attend in-person workshops in Lloyd’s Lab on 12/01, 26/01, 09/02, and 23/02. 

Price: £999 + VAT 

We will be conducting a virtual 30-minute webinar at 11am on 20th October to share more about our Innovation Training programme.  

Application deadline: 6th January 2026

Register your interest to join our webinar and learn more

Participant feedback

Participants in our previous training programmes gave us the following feedback:

100%

participants said the programme exceeded expectations

100%

of surveyed participants would recommend to a friend

4.8/5*

average feedback score

4.8/5*

confidence to put innovation into practice after participating

“A brilliant programme which gets you thinking in an alternative and creative way. A great way to meet fellow market peers and brilliant coaching!”
“This is a fantastic programme that I believe everyone could benefit from. The coaching, organisation of the programme and, most importantly, the lessons learnt about innovation have been invaluable for me personally and I believe they will underpin my approach to my work for the rest of my career!”
“The programme was great - it has equipped me with new ways of thinking about Innovation, allowing me to think about the real problem at hand before turning to a potential solution. The programme pushed me out of my comfort zone and got me exploring the Market more broadly than I have before. I'd recommend the programme if you want an introduction to Innovation, and to push yourself to do something a bit different.”
“The best experience I’ve ever had, the most humbling course I’ve been on not because of difficulty but because it forces you to think in a vastly different way than what we have learnt in the workplace or education. LOVED IT 10/10”
“The programme delivered exceeded my expectations. We learned how to interrogate our assumptions honestly to drive meaningful change. The skills we learned would be useful for any industry or project. I am already thinking about ways to adapt what I learned for another project at work. All in all, extremely useful.”
“As a first-time innovator, I appreciated the structure behind the programme - where to get started, how to investigate, and how to emerge from 'pits of doom'. The balance between being thrown in the deep end to seek out and gather evidence from prospective customers but also having the backing from the facilitators was the best aspect.”
“Brilliant. I would recommend to anyone looking for honest, knowledgeable, and hardworking mentors with a palpable passion for innovation”

FAQs

Workshops are in-person; coaching and group activities can be remote.

  • A practical innovation methodology
  • Market-tested product concepts
  • Up to 25 CII CPD hours
  • A valuable cross-market network

Innovation Training welcomes insurance professionals with established connections to the Lloyd's market. Eligibility for underwriters requires affiliation with a Managing General Agent (MGA) or a Lloyd's syndicate. For brokers, while Lloyd's broker designation is not mandatory, your organisation must have an active relationship placing business through Lloyd's.

Lloyd’s Lab Training is aligned to the following learning objectives:
  1. Develop a customer-centric, data-driven approach to innovation using tools such as lean startup, design thinking, and agile experimentation, evidenced through self-assessments, coach feedback, and team presentations.
  2. Learn and apply key innovation tools, processes, and behaviours through hands on application during the programme, evidenced by practical outputs and coach feedback.
  3. Extract, interpret, and critically analyse insights from primary data sources, demonstrated through team presentations and data analysis following experimentation.
  4. Create and deliver robust, empirical recommendations as a team that reflect innovation principles and address validated opportunities or challenges, evidenced by a final presentation.

Registration will ask you to register to one of the emerging risk areas, identified as leading challenges by the Lloyd’s market. Throughout the programme, you will conduct research to identify and validate specific insurance opportunities within the selected emerging risk area.

If you already have a specific area in mind, we strongly recommend assembling a dedicated team to enter the programme with, to effectively address that specific challenge. We require each team applying as a group, to consist of at least two individuals.

Unless applying as a team, project teams will be assembled based upon shared interest in an emerging risk area, whilst ensuring a balance of expertise and experience.

When applying, you’ll select a specific topic area or share with us the types of opportunities that interest you. Teams are formed in advance by the Lloyd’s Lab team. If you want to join Innovation Training with a pre-formed team, please contact us at lloydslab@lloyds.com.

Absolutely! While Innovation Training is highly collaborative, if you're concerned about working with competitors, you can submit your own team to research an opportunity, to avoid having participants from external companies on the same team as you. We require team submissions to include at least two people committed to the full programme duration, with additional participants able to join on an ad-hoc basis at key stages of the programme.

The programme will be delivered through four consecutive two weeks sprints and a final presentation. 

Sprint 1: Investigating the problem space 

  • Week 1: 3-hour face-to-face workshop 

  • Week 2: 30-minute coach call 

Sprint 2: The solution landscape 

  • Week 3: 3-hour face-to-face workshop 

  • Week 4: 30-minute coach call 

Sprint 3: Opportunity feasibility 

  • Week 5: 3-hour face-to-face workshop 

  • Week 6: 30-minute coach call 

Sprint 4: Bringing it together 

  • Week 7: 3-hour face-to-face workshop 

  • Week 8: 30-minute coach call 
Final presentations 

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