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Baker Tilly

Key facts

Cohort: Cohort 8, 2022  

Focus in insurance value chain/workflow: Claims  

Specific lines of business supported: SME  

Founded: 1931 

Status: Operating, still in insurance 

Company type: Other 

Head office: USA 

Main global offices: USA 

Locations served: USA 

Employee count: 1001+ 


Baker Tilly is a global accounting and consulting firm. It has developed Quantum, a digital claims calculation platform for commercial insurers to use for business interruption claims. 

Lab activity

Primary way aimed to improve insurance processes and tools whilst in the Accelerator: Improving policy and claims admin I Improving claims process 

Baker Tilly worked with a number of insurers to develop a model library for Quantum and stress-test its system operationally, with signs suggesting it can enable insurers to approve business interruption claims in just a few days. 

"​​Lloyds Lab was a gateway to the Lloyd's market with direct links to the ideal clientele for Quantum. The Lab gave the exploratory / safe workspace to stress test and fulfil our development needs on our business interruption calculator. It was a great experience!"
​Jack Torpey, Partner

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