Really pleased to see the formal announcement of Lloyd's investment in Layr. A smart idea, a great team, and a strong endorsement for the longevity of ventures coming out of the Lloyd's Lab.
Also a very positive sign for Cohort 2 of the Lab, and the soon to be applying Cohort 3.
Congratulations to Philip at Layr; Trevor, Ed and Nonna in the Lab; and Jake and Lucy from L Marks
Layr, which is based in Atlanta, Georgia, participated in the first cohort of the Lloyd’s Lab and used the opportunity to test their cloud-based solution for providing faster access for small businesses looking to purchase liability insurance. The InsurTech company has secured an investment from Lloyd’s to develop its solution further. Layr is also exploring potential distribution opportunities with several Lloyd’s syndicates.