Willog Selected for Lloyd's Lab Insurance Technology Program

South Korean technology firm Willog has been chosen as one of ten companies for the 17th cohort of Lloyd's Lab, an insurance technology accelerator. Willog stands as the only Asian company selected in this cohort, chosen from a pool of 280 international applicants.

Lloyd's Lab, based in London, focuses on fostering innovation within the insurance sector. Participating companies gain the opportunity to test and validate their solutions within the world's leading insurance market. Alumni companies from the program have collectively generated over $400 million in gross written premiums (GWP).

Willog's selection provides a significant entry point into the global insurance market. The company can leverage the program to refine its offerings and explore potential partnerships and client relationships on an international scale.

Lloyd's is the world's specialist insurance market, known for its global reach and expertise in complex risk. The Lloyd's Lab initiative aims to drive technological advancements and new business models within the insurance industry.