(Image credit: Kevin Cannings.)
Lloyd’s (London) has announced the next eleven InsurTech start-ups joining the seventh cohort of the Lloyd’s Lab global innovation accelerator program. The new cohort will focus on creating simpler products for customers, including building solutions related to cryptocurrencies, according to a Lloyd’s statement.
Lloyd’s reports that the accelerator program received 179 applications, from which eleven successful teams have been selected to form the next cohort of the Lloyd’s Lab, beginning on 6 September 2021. Each of the teams chosen impressed an expert panel of Lloyd’s and market stakeholders during a competitive pitch process, where they presented