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Three new start-ups join Lloyd’s Lab for fast-tracked COVID-19 cohort

Wed 01 Jul 2020

Lloyd’s has started work with three new InsurTechs to help the Market respond to the COVID-19 pandemic.

As part of its package of measures to respond to the COVID-19 pandemic, Lloyd’s has reimagined and expanded the scope, process and timings for new applicants to the Lloyd’s Lab innovation accelerator.

The purpose of this is to help Lloyd’s and the start-ups bring to market more quickly their COVID-19 related products and innovations. Lloyd’s wants to understand, model and create products that better protect customers against pandemics, and other systemic risks.

Therefore, we are pleased to welcome three new teams to an exclusively COVID-19 related Lloyd’s Lab programme, which begins on July 13. The teams we have selected are:

Fusion programme

Lloyd’s is also running a short, but intense, three-day programme from July 21 to July 23. The Lloyd’s Lab Fusion programme has been designed to provide a setting for Lloyd’s market teams to work with InsurTechs to explore and develop early-stage ideas for tackling pandemics and systemic risk. Partner InsurTechs selected for this programme include Hivemind, Geollect, Ryskex and Survenus.