Lloyds Lab

What they do

Lloyds Lab is an award-winning innovation accelerator established in 2018 and located in London, United Kingdom. It operates from the iconic Lloyds building and serves as a hub for InsurTech startups to develop and test new products and solutions for the insurance market. The Lab runs a 10-week accelerator program where participants receive mentorship from Lloyds market experts and access to a collaborative environment. While it doesnt have a traditional AUM, it invests in select alumni through the Lloyds Central Fund, with typical non-controlling stakes valued between $50,000 and $250,000. The program focuses on technology-driven solutions, including data analytics, artificial intelligence, and blockchain, to address challenges in the insurance sector. Notable alumni from the program include Parsyl, Optalitix, Layr, and Supercede. Applications for its 15th cohort are open until July 13, 2025.

What they look for

Lloyd's Lab seeks to accelerate innovation and develop solutions to existing and emerging challenges in the global insurance and reinsurance market. The overarching goal is to help the Lloyd's market better serve its customers through smarter, faster, and more resilient products.

Stage

Seed, Series A

Sectors

Fintech, AI, Cybersecurity, Climate, SaaS, Deeptech

Based

London, GB