Insurtech innovation incubator Lloyd’s Lab has revealed the firms pitching for its tenth cohort at an event held at the Lloyd’s building yesterday (23 March 2023).
The shortlisted firms pitched for a place on Lloyd’s Lab’s fast track 10-week acceleration programme for early-stage businesses and startups.
Insurtechs pitched their proposals for the tenth cohort’s new themes, including new products, data and models and European cyber and climate solutions.
Mark Huxley, non-executive director at Altus Consulting, told Insurance Times: “As the shortlisted teams prepare for pitch day with the hope of securing a place on the tenth cohort for Lloyd’s Lab, let’s take a moment to celebrate how much this award-winning insurtech initiative has achieved in changing attitudes to innovation.
“The insurance sector and innovation have, to some, moved at a slow pace – with the industry being conservative in nature and therefore slow to embrace change.”
Applications for the tenth cohort initially opened on 4 January 2023 and closed on the 12 February at 11:59pm.
A Lloyd’s Lab demo day for the selected firms will be on 5 July 2023.
Heart of innovation
The firms…
