Ten companies have been selected for the latest Lloyd's Lab Accelerator. 

The program, which runs twice a year, offers access to expert mentors and potential partners and investors. 

It gives those selected 10 weeks to work with market experts to validate their innovations. 

"The companies selected for Cohort 17 now have the opportunity to work directly with brokers, insurers and market experts to test their assumptions, strengthen their propositions and demonstrate where they can create real value for the market," Director of Innovation and Commercial Education Rosie Denée said. 

Here are the ten selected, by theme:  

Operational efficiency in the Lloyd's market  

Cassi (UK)  - Uses frontier AI forecasting to reduce bias and improve predictions.  

Mastery AI (UK)  - Provides live portfolio control for specialty insurance by ingesting binder documents and bordereaux to track risk exposure in real time.   

New products for the Lloyd's market 

Augura Space (Paris) - Translates space-weather data to help assess, underwrite, and attribute claims for satellite and infrastructure disruptions.  

Climion AI (Amsterdam) - Evaluates over 70 satellite and hazard data sources to provide real-time location intelligence and climate risk scores for real estate and data centres.  

Canongate AI (UK) - Analyses unstructured documents to deliver political risk intelligence directly into underwriting workflows.  

Ötzi Group (UK) - Uses AI climate simulations to deliver tropical cyclone forecasts 

Willog (Seoul) - Uses logistics data to support insurance products.   

Experimental innovation 

Convective Technology Company (US) - Develops a physical intervention engine that initiates atmospheric heat convection to mitigate extreme weather risks like wildfires.  

Glacis Technologies (US) - Offers an independent monitoring layer between applications and AI models to record tamper-evident audit logs and make AI risk insurable.  

Optimising Technologies (UK) - Builds the underwriting infrastructure, compliance gateway, and MGA framework to safely insure autonomous mobile robots and humanoids.