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Webinar: Ki – creating a digital follow business in Lloyd’s

6 May 2021

Online
Webinar: Ki - creating a digital follow business in Lloyd’s

CPD Certified

1 hour's CPD can be claimed for this event if relevant to your learning and development needs.

In this IIL London Market webinar, Mark Allan will talk about the launch of Ki, the fully digital algorithmically driven follow-only Lloyd’s syndicate, explaining the business model, inspiration behind the launch and the potential benefits to the marketplace of a digital business.

Description

Ki was launched in 2020 and is the first fully digital business in Lloyd’s history. It has embraced the strategy set out in the Lloyd’s Blueprint, driving towards a future where Lloyd’s stands out for its technology-enabled placement approach.

Webinar: Ki - creating a digital follow business in Lloyd’s

A typical follow placement might take three weeks to quote in the traditional model, a slow and cumbersome process for brokers and clients. Ki has transformed this experience, offering quotes through its digital platform in a matter of seconds.

In addition, underwriting is performed by a series of algorithms across 30+ lines of business, trained on Brit’s underwriting data and experience. This game-changing approach has the potential to drive a revolution in the Lloyd’s market and beyond.

Gain an insight into

  • How this innovative business was launched from inside Brit
  • How the model improves the Lloyd’s experience
  • How it could change the wider marketplace and benefit Lloyd’s

Speaker

Details

Date:
6 May 2021
Time:
1:00pm - 2:00pm BST
Category:
, ,

Venue

This is an online event

Organiser

The Insurance Institute of London (IIL)
Phone:
+44 20 7600 1343
Email:
Iil.london@cii.co.uk
Website:
https://www.iilondon.co.uk/home/

Other

CPD text
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
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