Innovative Risk Labs makes ground-breaking entry into Lloyd's market
IRL’s entry into Lloyd’s marks a major milestone for the company, providing support and guidance to insurtech start-ups for over a decade. The company’s success in securing Lloyd’s capacity for three clients is a testament to its expertise and experience in the insurtech space.
IRL’s CEO, Ed Gaze, said that the company’s entry into Lloyd’s was a “true game-changer” for IRL, as it would allow the company to “secure Lloyd’s capacity for insurtech brokers and MGAs worldwide.” Gaze also said that the company’s direct access to world-class innovative underwriters would allow IRL to “collaborate on new opportunities without the need for third-party brokers.”
IRL’s entry into Lloyd’s is a significant development for the insurtech industry, as it opens new opportunities for insurtech start-ups to access Lloyd’s capacity. This could help accelerate the insurtech industry’s growth and make insurance more accessible to a wider range of people.
IRL is well-positioned to take advantage of the opportunities in the insurtech market. The company has a strong track record of success in supporting insurtech startups and a deep understanding of the insurtech landscape. IRL is also committed to innovation, constantly looking for new ways to improve the insurtech experience.
As IRL grows and expands its reach, it will likely play an increasingly important role in the insurtech industry. The company is well-positioned to help insurtech start-ups succeed, and it is also well-positioned to support the insurtech industry in growing and evolving.
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