Lloyd's has unveiled the insurtechs that'll take part in its fifth accelerator program

• Lloyd's has unveiled the insurtechs that'll take part in its fifth accelerator program.
•  We think it'll help plug the early stage insurtech funding gap, while also helping incumbents accelerate their responses to novel risks, such as the pandemic.

• Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry with the Fintech Briefing. You can learn more about subscribing here.

The Lloyd's reinsurance market has chosen 10 insurtechs to participate in its fifth Lloyd's Lab innovation accelerator program, Insurance Journal reports. Lloyd's received over 140 global applicants for the virtual pitch event in July and will commence the virtual Lloyd's Lab in September.

Business Insider Intelligence

The 10 successful insurtechs will focus on three key themes: data and models, new insurance products, and COVID-19 response — below are a few of the selected insurtechs we think have the capabilities to help fulfill these objectives.See the rest of the story at Business Insider

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