Innovation

We have a passion for innovation. Our dedicated team work across new and emerging risks as well as in partnership with brokers and ‘Insurtech’ companies looking at new products, new pricing models and new insurance distribution channels.

Hayley Budd
Class Leader

Our USP

Dedicated team focused on writing innovation risks under the ICX class of business
The first syndicate at Lloyd’s to establish a consortium of delegated capacity to write innovation risks
Meaningful capacity to solve client’s innovation needs
Wide-ranging appetite for bringing new products to market
Within ibott, a proven track record and industry firsts; a pioneer in sharing economy and autonomous risk
Data-driven underwriting and embedded insurance, with a focus on the digital economy
Partnership model with clients
Long lasting relationships

Focus Areas and Solutions

Strong focus on bringing new and innovative products to market
Market capacity leader to create industry wide solutions via reinsurance and consortium arrangements

Apollo Team Engagement

Embedded actuarial and data science function
A Consistently market-leading Claims team
Compliance team with a pragmatic approach

In appetite

Parametric Programmes
Usage Based Insurance (UBI)
Embedded Insurance
Intellectual Property
New Mobility
Insurtech Partnerships
Contractual Liability Insurance Policies (CLIPs)
Insurance and Reinsurance
Carbon Transition
Emerging Tech Liabilities

Out of appetite

Nat cat
Cannabis and heavy prescription pharmaceuticals
Risk involving Hazardous Goods
High conduct risk in an insurance position

Distribution and other capabilities

Market leading ICX consortium with capacity delegated by our consortium partners
Able to write all Methods of Placement – Open market, Lineslips* and prior submit Binding Authorities*
Thought Leadership

Line size

Geographies

Global

(Lloyd’s License)

Our insurance solutions

Our wide range of products puts us in a unique position where our entrepreneurial approach and service excellence delivers creative and flexible solutions for our clients and partners all in one place.