Lloyd’s Lab accelerator

Accelerating innovation in the insurance industry

The Lloyd's Lab facilitates 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 access to a coworking space in the iconic building and the chance to develop their ideas 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. We’ll give you access to the market so you can develop products, platforms and processes to help transform the Lloyd’s market.

97%

Success rate

85%

Still working with the Lloyd’s Market

Different countries represented in our Alumni

>1000

Jobs created by our Alumni since leaving the Lab

Key facts about the accelerator

We typically run two programmes per year, but we’re always keen to hear about a new solution as there might be other ways in which we can collaborate
We usually have 150-200 applications from around the world for each cohort
We aim for a cohort of around 10 teams
The Lloyd's market are instrumental in picking the successful teams
Teams usually have between 2-8 mentors each
Mentors spend anything from 1 hour a week up to as much as a day a week with the teams. We think the average is around 2 hours.