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Key facts

Cohort: Cohort 8, 2022 

Focus in insurance value chain/workflow: Compliance & regulatory support 

Founded: 2017 

Status: Operating, still in insurance 

Company type: Software provider, Data transformation  

Head office: United Kingdom 

Main global offices: United Kingdom 

Locations served: Global 

Employee count: 11-100 


Definely provides legal technology solutions for reviewing documents and improving the accuracy of contracts. The company helps clients with drafting legal documents, proofreading and extracting information from digital contracts. Definely’s solutions are used by solo legal practitioners as well as in-house legal teams within large corporations. 

Lab activity

Primary way aimed to improve insurance processes and tools whilst in the Accelerator: Ancillary, accountancy and regulatory compliance services  

Definely's original focus was outside of insurance, but the time spent with the Lloyd’s Lab helped Definely build a new product focused on insurance documentation. 

​“Without the Lloyds Lab we would never have been able to successfully pivot into the insurance space. As a result, we now work with a number of underwriters and brokers in both the Lloyd's and broader London market.”
​Rhys Hodkinson, Chief Commercial Officer

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