Insurance Covid-Cast episode 18: Brit head of innovation James Birch on digital Lloyd's start-up Ki's plan to be a top 10 syndicate by 2025
Ki, the new standalone algorithmically-driven digital Lloyd’s syndicate launched by Brit Insurance in collaboration with technology giant Google, aims to be a top ten player in terms of capacity by 2025.
Set to open for for trading on 1 January 2021, Ki’s algorithm enables it to automatically quote for business through a digital platform which brokers can access directly anywhere and at any time using Google Cloud technology. The selection process is performed using a proprietary algorithm developed with support from University College London and its computer science department. Ki will follow several ‘nominated’ lead syndicates across the Lloyd’s market, including Brit.
“Ki is a partnership
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