Lloyd’s reinforces tech partnership with MIS

March 11, 2020 18:24

Press Release, Tech

(London, March 2020) - Lloyd’s of London has renewed its geospatial data intelligence and imagery contract with insurtech Mckenzie Intelligence Services (MIS), demonstrating its commitment to utilising technology to improve its service to their policyholders and drive innovation in the marketplace.

MIS has been working with Lloyd's since 2016, offering deep and unique insight into the power of geospatial data and imagery and how it can be harnessed to provide a world-leading claims service.

In 2019, MIS delivered intelligence via its award-winning portal - MIS-Intel - for over 30 events, including Hurricane Dorian and the Australian bushfires. MIS-Intel provided imaging for over 90,000 square miles of land and assessed 25,000 individual locations for damage. In addition, Lloyd’s engaged MIS to build a new and transformative claims process prototype.

In conjunction with the Future at Lloyds Data and Claims teams, MIS has developed a prototype demonstration which has been used to bring to life the Next Generation Claims Workstream of the ambitious Future at Lloyd's transformation project.

“This is a very proud moment and important milestone for the team at MIS who work tirelessly to ensure the intelligence and imagery we are producing can be relied upon implicitly,” commented Forbes Mckenzie, chief executive and founder of MIS.

“We are delighted with the strong support from the Corporation, claims and exposure management teams across the market and TPAs and Coverholders worldwide to continue the service,” he added.

Chief product officer, Vicky Mills, said: “We have made it a priority to invest in new partnerships and technology to continue to bring cutting edge space data and technology to the Lloyd's market, helping to make the Future at Lloyd's vision a reality.

“We’re really excited about what the next 12 months will bring for us and for the vibrant Insurtech community we are at the heart of,” she added.

For more information

MIS Contact Vicky Mills, Chief Product Officer, McKenzie Intelligence Services Tel: 07904 395734 Email:vicky@mckenzieintelligence.co.uk

PR Contact Sophie Roberts, SR Media Services Ltd Tel: +447789953001 Email: sroberts.freelance@gmail.com

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Published on March 11, 2020 18:24

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