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.
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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Baker Tilly (Quantum) website 
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