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Lloyd’s Lab scours world for tech talent

Lloyd’s has begun a global headhunt for tech specialists and entrepreneurs to help it develop innovative insurance solutions.

The market’s Lloyd’s Lab also aims to recruit early and growth-stage companies in the insurtech space.

“Lloyd’s Lab will contribute towards a more sustainable and competitive insurance market by providing a dynamic environment where start-ups can come in with different ways of thinking and fresh ideas,” CEO Inga Beale said.

“We want to challenge how we do things and we are looking for entrepreneurs who can help Lloyd’s redefine how we use technology to better serve our customers in this hyper-connected world.”

Lloyd’s Lab will initially focus on four themes: enhancing customer experience; building a relationship-driven culture for the digital age; powering data-driven underwriting; and creating smart insurance products.

Successful applicants will work with Lloyd’s market experts to shape innovations. The closing date for applications is July 22.

For more information, click here.