InsurTech Futures: Lloyd's Lab to "change people's opinion" of what is possible

looking up into the clouds between buildings in the City of London

Lloyd's head of innovation Trevor Maynard hopes tools developed in its new innovation sandbox will be licensed by companies operating in the global insurance market.

Lloyd’s of London’s InsurTech innovation sandbox, Lloyd’s Lab, will “stimulate the culture of innovation and invite talent from outside of the market in”, according to Lloyd’s head of innovation Trevor Maynard.

“Although we have a strong belief that there’s a huge amount of talent in the market, there’s something really great about getting external perspectives and people that aren’t living and breathing insurance every day in,” He told Insurance Age. “That was where the idea came from.”

Mayna

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