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SHINC

Key facts

Cohort: Cohort 12, 2024

Focus in insurance value chain/workflow: Claims Handling

Specific lines of business supported: Speciality  

Founded: 2023

Status: Operating in Insurance

Company type: Data Provider

Head office: Cornwall, UK

Locations served: Global

Employee count: 2

Overview

SHINC leverage parametric insurance and deep domain expertise in the commodity and maritime markets to transform the demurrage claims process and provide risk management tools not available in the market to date.

Lab activity

SHINC gained an understanding of the industry while building a strong network to support the development of their product. They also validated their potential demurrage solution and learned about the early-stage premium pricing model and marketing material to support it.

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