On Wednesday 10 July, Lloyd’s Lab hosted ‘Demo Day’ for Cohort 12 of its award-winning ten-week Accelerator programme. The event marked the end point of the cohort with the highest number of applications to date, as well as the first to feature a regional theme, spotlighting cutting-edge innovation in the Americas.
Hosted by Rosie Denée, Lloyd’s Lab Senior Manager, over 300 InsurTechs, market executives and key industry figures joined a much-anticipated opportunity for Cohort 12 to showcase their progress during the programme, while also capitalising on potential future investment and scale-up opportunities within the Lloyd’s market.
This year, attendees were presented with insightful solutions ranging from protecting against the rise of risks associated with natural hazards to cybersecurity solutions and introducing more efficient underwriting tools.
By introducing and encouraging applications focusing on regional-specific risks, Lloyd’s is continuing its global vision for harnessing innovation within insurance, made possible through strong collaboration across Lloyd’s global network and the Lloyd’s market.
With the Americas collectively drawing in over 60 per cent of Lloyd’s total premium, the focus on themed solutions for this region further highlights the importance of North, Central and South American risk mitigation for our customers.
By identifying trends within the industry, Lloyd’s Lab continues to provide a platform to scale-up innovative insurance solutions to help mitigate the biggest risks faced by businesses and communities globally.