Cohort: Cohort 10, 2023
Focus in insurance value chain/workflow: Point of underwriting
Specific lines of business supported: Speciality
Founded: 2020
Status: Operating, still in insurance
Company type: MGA (planned)
Head office: Canada
Main global offices: Canada
Locations served: Global
Employee count: 11-100
Armilla AI focuses on AI assurance and risk management. Its capabilities include evaluating AI model performance, AI audits and due diligence. Armilla AI currently works with AI vendors and enterprises to guarantee the quality of their AI products and mitigate risks and is looking to become an MGA to offer insurance products covering AI risks.
Primary focus product area whilst in the Accelerator: AI
Armilla AI designed two risk transfer products for AI risks during the Accelerator: AI Product Warranty and AI Liability Insurance. During the Lab, Armilla AI secured further capacity from Lloyd’s syndicates.
Learn about all our alumni who have take part in the Lloyd’s Lab Accelerator programme.
Armilla AI website
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