92Data and models – Alumni profilesLloyd’s Lab Impact Report 93 Intelligent AI Focus in insurance value chain/Activity in the AcceleratorKovrr Focus in insurance value chain/ Activity in the Accelerator COHORT , workflow: Risk mitigation, Point of COHORT ,  workflow: Risk mitigation, Point of underwriting, Claims Primary focus product area whilst in underwriting, Compliance & regulatory Primary focus product area whilst in the Accelerator: Improving UW tools support the Accelerator: Improving UW tools Specific lines of business supported and processes, New sources of risk and processes, New sources of risk (if applicable): Corporate, insight - data or models, Data, product & Specific lines of business supported insight - data or models Reinsurance, Captive service consolidator, Improving claims (if applicable): Corporate, SME process Example of benefit of Accelerator to Intelligent AI creates 'Digital Twins' of Kovrr allows global enterprises and (re) organisation: During its time in the locations by integrating information Example of benefit of Accelerator to insurers to quantify the financial impact of Accelerator, Kovrr developed its drawn from commercial property owners, organisation: During its time in the cyber risk. The company’s platform is CRA-Zones framework, now known as over 300 data sets, satellite imagery, Lab, Intelligent AI engaged in mentoring used for planning cybersecurity budgets, CRIMZON, which is used to monitor unstructured documents and IoT feeds with 11 major insurers and brokers, communicating risk to boards of directors, cyber risk accumulations. CRIMZON attached to a given location. Intelligent which has led to greatly improved prioritising new initiatives, buying cyber allows insurers to analyse multiple AI’s platform is used by commercial market validation and engagement in insurance, and reporting to regulators. portfolios and group risk by geography, property owners, brokers and insurers.the form of piloting and product testing. industry or entity size.. Founded: 2020It tested and launched a new Intelligent Founded: 2017 Rebuild Cost Validation platform, which Status: Operating, still in insuranceaddresses the issue of underinsurance Status: Operating, still in insurance Company type: Data provider, in commercial property. It has many Company type: Data models, Data transformationbenefits including reducing rebuild cost data provider calculations timescales by over 90%, Head oce: United Kingdomimproving the accuracy of Head oce: Israel reinstatement valuations from Main global oces: United Kingdomproperties, and providing insurers and Main global oces: Eastern large clients with fast access to Mediterranean Locations served: Global aggregated dashboards or current Locations served: Global Employee count: 1-10portfolio exposure/underinsurance. Employee count: 11-100 Jupiter Intelligence Focus in insurance value chain/Activity in the AcceleratorMerkle Science Focus in insurance value chain/Activity in the Accelerator COHORT , workflow: Point of underwriting, COHORT ,  workflow: Point of underwriting Compliance & regulatory support Primary focus product area whilst in Primary focus product area whilst in the Accelerator: Ancillary, Specific lines of business supported the Accelerator: New sources of risk Specific lines of business supported accountancy and regulatory (if applicable): Speciality insight - data or models (if applicable): Personal, Corporate, compliance services, New sources SME, Speciality, Governmentof risk insight - data or models Example of benefit of Accelerator to organisation: In the Lloyd's Lab Jupiter Intelligence offers global physical Example of benefit of Accelerator to Merkle Science specialises in Accelerator, Merkle Science created a climate risk analytics, providing hazard organisation: The Accelerator providing risk and intelligence Crypto and DeFi risk data platform to and loss estimates based on projected helped Jupiter to gain a better data about the Crypto and DeFi help insurers underwrite and monitor changes in climate. The company covers perspective of dierent use cases, (Decentralised Finance) market. Its Crypto and DeFi policyholders. a range of perils including flood, wind, including UK flooding risk, North capabilities include transaction wildfire, freeze and heat. Customers can American hurricane risk and the global modelling, risk scoring and crime assess the impact on portfolios using its risks associated with sea level rise.detection and investigation. Merkle ClimateScore Global tool and individual Science oers data to help insurers assets using ClimateScore Planning.Founded: 2017underwrite and monitor Crypto Founded: 2018 and DeFi policyholders. “In 2021 Jupiter took part in the Lloyd’s Lab. We Status: Operating, still in insuranceStatus: Operating, still in insurance worked closely with four syndicates and insurers to analyse a selection of datasets in ClimateScore Company type: Data models Company type: Data provider Global. This provided insights and perspectives around use cases such as UK flooding, North Head oce: USA Head oce: Singapore American hurricane and sea level rise.” Main global oces: USA Main global oces: Singapore, USA, Jessyla Reedha, Head of Sales EMEA UK, India Locations served: Global Locations served: Global Employee count: 101-200 Employee count: 11-100 © Lloyd’s