Over the next 10 weeks, teams will get time to network, focus on their product design and development, meet their mentors and much more, says Trevor Maynard, head of innovation at Lloyd's. (Photo: The Associated Press/Alastair Grant)
Lloyd's welcomed 13 new teams of InsurTech disruptors to join the global reinsurance market's innovation accelerator. The selected start-ups are focused on finding solutions with the potential to contribute to the ecosystem services as part of the future of Lloyd's vision, including ways to enhance data sharing and provide new sources of risk insight; pricing and risk models to help Lloyd's markets participants better understand threat scenarios; and ways to reduce the cost of processing claims as well as the burden of compliance and regulation.
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