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Overview

Creativity flourishes at Brit – we welcome ground breakers and change makers. Through our ideas incubator BritX we share, nurture, test and then launch ideas to drive the future of insurance.

From Ki - the first fully digital and algorithmically driven syndicate - to Keel – a consortium that provides instant quotes for marine breach call risks - we like to push boundaries and drive progress in the market.

At Brit we encourage people to be curious, and we’re open to suggestions. Sometimes we are even unconventional. We like to make change instead of waiting for change to happen.

 

What's new

Our Technology and Data teams are leading the way in using advanced technologies such as AI, ML and robotics to accelerate the claims process for our customers as well as supporting our underwriting teams with risk selection and processing efficiency.

You can watch Neil Allen talking about how we're developing cutting edge technology solutions and read some of our recent projects and insights below.

What's new

Neil Allen

Developing cutting-edge technology

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RPA and IA are helping Brit teams lead the way

01-02-2022 |Claims
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Brit Deploys Machine Learning Algorithm to Expedite US Tornado Claims

20-12-2021 |Claims
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Why Brit Hero Small

Brit pilots the first continuous contracts

14-12-2021 |Innovation & Insights
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How AI is shaping the future of insurance

06-10-2021 |Innovation & Insights
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KI

Ki was the first fully digital algorithmically driven syndicate in collaboration with Google and UCL. Ki achieved the largest syndicate launch in the history of Lloyd's, having raised $500m of capital from Blackstone and Fairfax.

Ki is transforming the follow market within Lloyd's by revolutionising the broker and client experience, taking an algorithmic approach to underwriting and creating a learner operation model to benefit all market participants in the long term. Ki can underwrite 31 classes of business, deploying follow capacity when the policy is underwritten by Brit, in a lead or follow capacity, or when it is led by one of its nominated syndicates. So long as this criteria is met, Ki will offer an instant line, every time.

KI

MW On Making Of Ki
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Instant quotes for breach call risks

Keel

Keel offers up to $152.5m of capacity per risk and provides instant quotes for breach call risks that are fully sanctioned screened.

Brit's trading platform offers a single interaction to place breach calls for vessels in seconds, allowing brokers the opportunity to obtain instant, fully supported quotes around the clock.

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BritX

BritX is our innovation focused hub where ideas generated from across the business are formulated into a proposal, or simple solutions are put though their paces and launched by a cross functional team of experts.

Watch Kate Carter talk about what it's like to work in this team.

BritX

Kate Carter

An imaginative approach

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Claims innovation

We constantly work on improving today’s best processes to create the claims gold standard of tomorrow.

From direct to card payments to using aerial imagery to assess losses, to supporting our teams with the latest claims management solutions; we're committed to helping our clients get back on their feet quickly and with compassion.

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