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Welcome to Lloyd’s Lab

The Lloyd’s Lab is the home of InsurTech at Lloyd’s and is based in our iconic building in Lime Street.

Innovative start-ups join the Lab for our ten-week programme, where they are partnered with mentors from managing agents across the market. Here they work on developing and proving their solutions; leveraging the expertise and experience of their mentors and demonstrating how they can add value to the Lloyd’s Market.

Applications for cohort 3 are now closed.

The Lloyd's Lab programme

Lloyd’s is the world’s specialist insurance and reinsurance market. Watch this video to see more from our first cohort and demo day.

Over ten weeks, start-ups are given the unique opportunity to work with Lloyd’s market experts to shape the next big innovation. Located in the heart of the world’s specialist insurance market, the Lloyd’s Lab will give start-ups access to a state of the art coworking space, potential funding and the chance to develop their ideas alongside their target audience.

As a 330 year-old insurance market, we want to share our centuries of collective experience and knowledge with game changing start-ups who have new ways of thinking. We’ll give you access to the market so you can develop products, platforms and processes helping transform Lloyd’s into a digital data-driven market.

What's on offer

Mentorship from Lloyd’s market experts and senior leadership

A chance to develop your idea at scale in partnership with the largest insurance market in the world

The opportunity to grow your network within global insurance and the InsurTech sectors

Product validation from Lloyd’s stakeholders

Potential funding from the Lloyd’s Lab investment pot

Your own desk in a state-of-the-art co-working space located in the iconic Lloyd’s building in London

Access to a pool of mentors and experts with support matched to your unique requirements

Timeline

31 July 2019

Pitch Day

Pitch Day is your startup’s chance to pitch to Lloyd’s senior leadership and market representatives to win a place in the Lab.

02 September 2019

Programme Starts

The 10-week intensive collaboration between you and the Lloyd’s Lab starts here, supported by market experts and external mentors.

13 November 2019

Demo Day

Where you’ll show us what your start-up has achieved over the previous 10 weeks and present your proposal for future engagement with the Lloyd’s market

Life in the Lab

Discover what happens at pitch day, learn about the themes we’re tackling and get to know the teams that make up the first ever Lloyd’s Lab cohort

Current cohort

About Lloyd’s: Sharing risk to create a braver world

Lloyd’s is the world’s leading insurance and reinsurance marketplace. Through the collective intelligence and risk-sharing expertise of the market’s underwriters and brokers, Lloyd’s helps to create a braver world. The Lloyd’s market provides the leadership and insight to anticipate and understand risk, and the knowledge to develop relevant, new and innovative forms of insurance for customers globally.

It offers the efficiencies of shared resources and services in a marketplace that covers and shares risks from more than 200 territories, in any industry, at any scale. And it promises a trusted, enduring partnership built on the confidence that Lloyd’s protects what matters most: helping people, businesses and communities to recover in times of need.

Lloyd’s began with a few courageous entrepreneurs in a coffee shop. Three centuries later, the Lloyd’s market continues that proud tradition, sharing risk in order to protect, build resilience and inspire courage everywhere.

lloyds.com

In association with

L Marks

L Marks is a corporate innovation specialist and early-stage investor. They build bridges between large corporates seeking to innovate more quickly with young companies with disruptive technologies, products and services. Founded in 2012 by serial entrepreneur Stuart Marks, they run bespoke start-up partnership programmes across industry sectors, supporting rapid innovation and connecting them with the best start-ups.

They work with clients such as Arsenal, BMW and International Airlines Group (IAG) to identify where they believe the challenges are in their businesses and then turn these into opportunities for improvement and innovation. Each programme is tailored to deliver real solutions to the corporate partners and create real opportunities for start-up to test and grow their product with a major partner.

lmarks.com