Lloyd’s Lab has announced the firms that will take part in its 9th cohort, which will start on 26th September following an onboarding process that began at the start of the month and includes nine companies.

The new cohort comprises ARMD, which supports tradespeople; ANANSI, which offers embedded in-transit insurance for goods; OTTRISK, which provides parametric business interruption cover; Kayna, which offers parametric insurance for SaaS platforms; Yokahu, which offers loan default cover; Altelium, which specialises in batteries; nPlan, which is a risk transfer product for construction delays; Sola, which offers parametric gap insurance for natural disasters and Innovatric Capital which specialises in intangible risk transfer for the life sciences sector.

Tim McCosh, CEO and founder of Yokahu, said: “We are delighted to be accepted into Lloyd’s Lab, a prestigious leading global insurtech accelerator. The focus for Lloyd’s Lab Cohort 9 was solutions that can help the Lloyd’s market understand customers’ risks better, respond even faster to incidents, or provide a better service to its customers.”

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