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​Verisk Maplecroft

Key facts

Cohort: Cohort 6, 2021 

Focus in insurance value chain/workflow:  Risk mitigation I Point of underwriting I Loss modelling & analytics   

Founded: 2001 

Status: Operating, still in insurance 

Company type: Data provider 

Head office: United Kingdom 

Main global offices: United Kingdom 

Locations served: Global 

Employee count: 101-200 


Verisk Maplecroft provides clients with insight and data on environmental, human rights and political risk. It combines sustainability, resilience and ESG intelligence to create a coherent global view. Risk exposure insight is provided at a portfolio, corporate and asset level. 

Lab activity

Primary way aimed to improve insurance processes and tools whilst in the Accelerator: New sources of risk insight - data or models 

Verisk Maplecroft used its time in the Lab to identify and better understand the potential market opportunities in the realm of political violence underwriting. Having identified these opportunities, Verisk Maplecroft then used the remainder of its time to adapt its existing Civil Unrest Index to create a global, subnational Strikes, Riots and Civil Commotion (SRCC) index to meet the requirements of the insurance industry. 

​“Participating in Lloyd’s Lab truly catalysed our ability to create a new and innovative SRCC product for the insurance industry. The intensive timetable and continuous mentor engagement enabled us to move swiftly and confidently from high-level product conceptualisation to bringing a viable solution to market unlike anything else that is used by political violence insurers today.”
​James Allan, Head of Corporate Risk and Sustainability​

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