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CoverYourAI

Key facts

Cohort: Cohort 12, 2024

Focus in insurance value chain/workflow: Loss Modelling

Specific lines of business supported: Corporate

Founded: 2024

Status: Operating in Insurance

Company type: Data Provider, Administration System

Head office: Melbourne, Australia

Other offices : London, UK

Locations served: Global

Employee count: 2

Overview

CoverYourAI helps enterprise teams leverage AI through their dynamically-priced, parametric product protection plan embedded at the checkout. They close the AI adoption gap by making AI risk transferable so that coverholders can achieve more with AI.

Lab activity

CoverYourAI designed an entire insurance product during their time in the Lab, completely transforming what they had worked on prior to the Lab. They have signed two clients since the product was released. During the 10 weeks, they engaged in natural networking, which opened up new relationships and expanded their stakeholders.

Explore all our alumni

Learn about all our alumni who have take part in the Lloyd’s Lab Accelerator programme.