Cohort: Cohort 11, 2023
Focus in insurance value chain: Loss Modelling, Risk Mitigation
Specific lines of business supported: Environmental Services
Founded: 2021
Status: Operating, still in insurance
Company type: Data Provider
Head office: Oslo, Norway
Locations served: Europe, NA, Japan
Employee count: 11-100
Mitigrate focuses on climate adaptation and loss prevention in property insurance. The SaaS platform performs fully automated analyses for a given geographical location, generating recommended preventive and protective measures against flood damages to help sales agents, claim handlers, and appraisers minimise future claims and maximise customer loyalty.
Mitigrate’s main achievement during the lab was the development of a new product and finding a use case for it within the market. They were also able to test it with many different players.
Learn about all our alumni who have take part in the Lloyd’s Lab Accelerator programme.
Mitigrate website 
Explore all our alumni