"All twelve of the InsurTechs we have selected bring something different and unique. I am thrilled to be working with some of the brightest and best talent from the InsurTech sector to help the Lloyd's Market to develop new ideas that better serve our customers by developing solutions to the problem they face today," Trevor Maynard, head of innovation at Lloyd's, said in a statement. (Photo: The Associated Press/Alastair Grant) "All twelve of the InsurTechs we haveselected bring something different and unique. I am thrilled to beworking with some of the brightest and best talent from theInsurTech sector to help the Lloyd's Market to develop new ideasthat better serve our customers by developing solutions to theproblem they face today," Trevor Maynard, head of innovation atLloyd's, said in a statement. (Photo: The Associated Press/AlastairGrant)

Lloyd's Lab selected 12 new InsurTechs to join the globalreinsurance market's innovation accelerator as part of itscommitment to becoming the most technologically advanced insurancemarketplace in the world.

The twelve successful teams were selected after presenting theirideas in a competitive process during a virtual pitch day on April2. The start-ups will be focused on four key themes: data andmodels, new insurance products and markets, the future oftransportation, and cyber.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].