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Lloyd’s Lab accelerator

Accelerating innovation in the insurance industry

The Lloyd's Lab runs an InsurTech accelerator programme which aims to help innovative ideas gain traction and success in our market. Located in the heart of the world’s specialist insurance market, the Lloyd’s Lab provides  the chance to develop new technology solutions  with guidance from experienced insurance professionals.

Over ten weeks, start-ups, scale-ups, and sometimes mature companies, are given the unique opportunity to develop a new product for the Lloyd's market in a focused environment.

As a 330 year-old insurance market, we want to share our centuries of collective experience and knowledge with game changing InsurTechs who have new ways of thinking.

97%

Success rate

85%

Still working with the Lloyd’s Market

29

Different countries represented in our Alumni

>1000

Jobs created by our Alumni since leaving the Lab

Our Accelerator provides innovative companies with:

  • Direct access to Lloyd's market experts and a dedicated team of mentors built to your specific needs
  • Dedicated workspace in our state-of-the-art co-working environment
  • Tailored support matched to your unique business requirements
  • Opportunity to develop and validate your solution alongside your target audience

  • We run two cohorts each year, selecting approximately 10 teams from 150-200 global applications. Each selected company works with 8-12 dedicated mentors from across the Lloyd's market who help drive your solution toward commercial implementation.

Why the Lloyd's Lab Accelerator?

The Lloyd's Lab offers unparalleled advantages for startups and scale-ups in insurance:

Market Access

Develop at scale with the world's largest insurance marketplace and pilot with Lloyd's syndicates

Expert Validation

Get direct feedback from Lloyd's stakeholders who could become your clients

Network Growth

Build lasting connections across global insurance and InsurTech

Proven Results

Alumni have generated $200M in Lloyd's premium, with 85% maintaining commercial relationships

The accelerator so far

Our current cohort

Our next cohort, Cohort 14 will focus on three themes; New Products, Data, Models & Processes and Shaping the Future of Reinsurance in Bermuda.

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Our alumni

Meet the teams who have participated in the Lloyd's Lab accelerator.

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Our cohorts

Learn about the themes our Cohorts have tackled.

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Alumni stories

Carbon risk rating for the good of all

A far reaching partnership that makes carbon emissions part of the risk equation, supporting the market on the journey to net zero.

Read the full story

Open minds and big data bring more support to a very human challenge

The Lloyd’s Lab process draws in entirely new ideas, a new IVF insurance product is bringing new hope to individuals wanting to start a family.

Read the full story

Closing the $58bn flood insurance gap

The award-winning MGA and Lloyds Lab graduate is building resilience for businesses around the world facing catastrophic flooding.

Read the full story

Hear from participants

Why should InsurTechs join?

What’s it like being a mentor?

Additional information

Mentor a lab team

Find out how insurance experts from the Lloyd’s market can support the InsurTech’s.

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FAQS

View our Frequently Asked Questions.

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Other programmes & initiatives

The Lloyd’s Lab has grown to encompass a diversity of programmes and initiatives, to support insurance innovation at all phases.

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Contact us

Please contact us for more information.

lloydslab@lloyds.com