By bringing your ideas to the Lloyd’s Product Launchpad, you’ll find a trusted partner to develop innovative new products at pace.
What is the Lloyd’s Product Launchpad?
The Lloyd’s Product Launchpad is a commitment to nurturing a “safe space” for underwriters to experiment with new ideas in a controlled way, which balances the need for appropriate oversight with the risk of not innovating fast enough.
The space will explore non-standard risks that might not fit the traditional market such as risks relating to intangible assets, new technologies and others.
Why is the Launchpad important?
This initiative is an important step towards building a marketplace that offers better value for the changing and diverse needs of customers through highly-responsive, cutting-edge risk management products and services.
By thinking collaboratively, the Lloyd's Product Launchpad allows different thinking and expertise to solve our clients’ problems.
What has the Lloyd’s Product Launchpad developed?
The Launchpad has launched several policies since its inceptions in 2019: