The Lloyd’s Lab is a 10 week fast-track, fast-fail program where new concepts, ideas and products can be tested with the support of experts from the world’s largest insurance and reinsurance market.

In a world faced by the challenges arising from extreme climate change, energy transition and natural catastrophes, it’s never been more important to develop relevant and innovative forms of insurance to better serve our customers.

For the first time, the Lloyd’s Lab is setting a dedicated theme focused in the Americas region (the US, Canada, Latin America and the Caribbean): Building Resilience in an Ever-Changing Americas Landscape.

We are looking to explore solutions that help build resilience and protect people, businesses and communities particularly impacted by extreme weather events and/or cybercrime, which also support our society’s transition to a more sustainable future. Applications close on 4 February, and you can find out more and apply on the Lloyd’s website.

Submissions could include (but are not limited to):

• (Re)Insurance products and services that leverage existing solutions and technologies in an innovative way, to assist with disaster response following an extreme weather or catastrophic event in the region. This could include solutions for geographies that are particularly prone to extreme weather events, but are challenged in terms of affordability and availability of cover.
• Develop innovative sustainable insurance solutions to support clients through their energy transition journey, promoting renewable energy and energy-efficient and sustainable infrastructure. These solutions can help policyholders manage their climate risk exposure and support the decarbonization transition journey.
• Data & Models supporting resilience, advanced catastrophe modelling and mitigation.

To help accelerate these products, the Lloyd’s Lab program offers:

• Access to expert mentors and proximity to key advisors, potential trading partners & investors.
  • ‘Building Resilience in an Ever-Changing Americas Landscape’ theme participants will have access to Americas focused specialists.
• Participants can work out of Lloyd’s in London or wherever best fits their business.
  • Office space will be available at key locations around the Americas for the ‘Building Resilience in an Ever-Changing Americas Landscape ’ theme participants.