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Key facts

Cohort: Cohort 6, 2021 

Focus in insurance value chain/workflow: Claims 

Specific lines of business supported: Corporate  

Founded: 2019 

Status: Operating, still in insurance 

Company type: Data models 

Head office: United Kingdom 

Main global offices: United Kingdom 

Locations served: Global 

Employee count: 1-10 


SettleIndex analyses litigation risk for lawyers, corporate legal departments and insurers. It helps casualty insurers make data-driven settlement decisions, ultimately aiming to reduce the cost of claims and analyse where the claims process can be improved. 

Lab activity

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

The Lab programme raised SettleIndex’s profile immensely. They identified that the market was not yet ready for financial modelling of litigation risk but were confident that it would adopt the software as panel lawyers use it more and more. 

Explore all our alumni

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