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Elliott Begley

Definely Joins the Eighth Cohort of Lloyd’s Lab

Definely joins Lloyd’s Lab 

We are excited to announce that Definely has been selected as one of eleven startups to participate in the eighth cohort of Lloyd’s Lab. Chosen from over 150 applicants, the successful startups will work with Lloyd’s, the world’s leading marketplace for commercial, corporate and speciality risk solutions, to address pressing issues affecting the Lloyd’s market. 

“We’re delighted to be working with some of the most innovative InsurTechs in the world and look forward to seeing how they help our market, customers and social progress,” said Ed Gaze, Senior Manager at Lloyd’s Lab.

What is Lloyd’s Lab?

Lloyd’s Lab is a ten-week programme, dedicated to accelerating and testing new innovative solutions to address challenges faced by the Lloyd’s market. In the eighth cohort, the startups have been selected based on solutions geared toward four key themes: decarbonisation and climate change; supply chains; data and models; and claims.

“Lloyd’s Lab is a fantastic opportunity for Definely as we move into the insurance industry.  We’re excited to work alongside industry experts and gain insights from the world’s leading insurance market as we build our InsurTech solutions,” says Founder and CEO of Definely, Nnamdi Emelifeonwu.

What can Definely expect from Lloyd’s Lab?

The programme furthers our mission to simplify how the world understands information, working alongside industry experts in the world’s leading insurance and risk market to expand our use case beyond the legal industry. 

During the programme, Definely will receive exclusive access to Lloyd’s experts including, insurers, brokers and fellow InsurTechs to develop products, platforms, and processes to support the insurance industry’s digital transformation.

Click here to learn more about Lloyd’s Lab and the eleven startups participating in the eighth cohort.

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