54 Distribution – Alumni profiles Lloyd’s Lab Impact Report 55 MiBroker Focus in insurance value chain/ Activity in the Accelerator Supercede Focus in insurance value chain/ Activity in the Accelerator COHORT ,  workflow: Point of underwriting COHORT ,  workflow: Placing Primary focus product area whilst in Primary focus product area whilst in Specific lines of business supported the Accelerator: Increasing access Specific lines of business supported the Accelerator: Risk marketplace, (if applicable): Personal, Gig/ to insurance (if applicable): Reinsurance Enhancing back-end data eciencies Freelance, Corporate, SME Example of benefit of Accelerator to Example of benefit of Accelerator to organisation: miBroker launched organisation: Supercede has a miBroker, a division of McClelland what was known at the time as miCtrl, Supercede is an e-trading and ecosystem number of firms trialling its analytics Insurance, oers home, motor, watercraft an app which allowed gig economy platform built to support the facilitation product for outwards reinsurance and business insurance. Its business users to quote daily and annual of any reinsurance deal. Supercede and was able to obtain Lloyd’s insurance products are oered to a range business insurance, underwritten works across the reinsurance value clients during the Accelerator. of business sizes, from freelancers to by Gore Mutual. This product is no chain, oering services to cedents, large corporates. McClelland also oers longer available. brokers and reinsurers. It helps cedents motor usage-based insurance products with data preparation, connects brokers as well as coverage for both personal and with a global network of reinsurance business use. Founded: 2017 underwriters, and oers reinsurers Founded: 2019 the ability to search for risks that map “ Through the Lloyd’s Lab, we worked on industry Status: Operating, still in insurance their appetite. Status: Operating, still in insurance leading solutions for digital distribution. This included our innovative on demand insurance Company type: Broker “The mentors and syndicates involved in the Company type: Risk exchange, platform. As Lloyd’s continues the essential Lloyd's Lab are highly engaged if you give them Data transformation work of modernizing for the digital era, we look Head oce: North America a compelling reason to dedicate more time to forward to being a part of that journey.” engage with you.” Head oce: United Kingdom Main global oces: Canada John McClelland, Founder Jerad Leigh, Co-Founder Main global oces: United Kingdom Locations served: Canada and Chief Executive Officer Locations served: Global Employee count: 1-10 Employee count: 11-100 RYSKEX Focus in insurance value chain/ Activity in the Accelerator Superscript Focus in insurance value chain/ Activity in the Accelerator COHORT ,  AND COHORT ,  workflow: Placing, Loss modelling COHORT ,  workflow: Placing & analytics Primary focus product area whilst in Primary focus product area whilst in the Accelerator: Improving UW tools Specific lines of business supported the Accelerator: Crypto/Digital Specific lines of business supported and processes, Risk marketplace, (if applicable): Personal, Gig/ assets, SMEs (if applicable): Captive Improving claims process Freelance, Corporate, SME Example of benefit of Accelerator to Example of benefit of Accelerator to organisation: Superscript used its Ryskex provides a marketplace for organisation: In its first period in the Superscript provides broking and time in the Accelerator to define its parametric risk transfer without Accelerator, Ryskex worked to design a advisory services to SMEs across a proof of concept (PoC) for Daylight, an intermediaries. Corporate buyers of parametric cyber insurance product wide range of business areas. The insurance product for digital asset coverage, insurers and investors use (PCyCO) which it subsequently company also provides risk advice businesses such as tokenisation Ryskex to trade risks, such as carbon launched to market. PCyCo allowed for residential and commercial platforms, miners and non-fungible credit insurance, that are otherwise insurers to provide parametric cyber landlords. Insurance is underwritten token (NFT) platforms. The product difficult to transfer in the insurance insurance backed by an ILS fund. by a number of insurers and purchased was launched in 2022. market. Ryskex uses blockchain on a monthly subscription basis to technology and smart contracts to Founded: 2018 When it returned as part of Cohort 5, it oer flexibility to policyholders. Its Founded: 2015 automate claims payments. Risks are designed a wider parametric risk advisory service, SuperscriptQ is an traded as securitised intangible assets Status: Operating, still in insurance transfer ecosystem to cover system authorised Lloyd's broker. Status: Operating, still in insurance on the blockchain. Tools for portfolio risks such as pandemics. and individual-level transactions Company type: Risk exchange Company type: Broker including pricing benchmarking. Head oce: USA Head oce: United Kingdom “We express our gratitude to Lloyd's Lab for an Main global oces: Germany Main global oces: United Kingdom exceptional journey of growth and collaboration. On this special day, we celebrate the remarkable Locations served: Global Locations served: United Kingdom, achievements of Lloyd's Lab and its employees. Europe Your pivotal role has ignited Innovation within Employee count: 11-100 RYSKEX, propelling us to success. Here's to Employee count: 101-200 the continued synergy and a future filled with shared accomplishments.” Marcus Schmalbach, Chief Executive Officer © Lloyd’s