Daily Digest: TMK on innovation in London, H&M market softening to ease, Using AI in claims

Catch up on the essential news and analysis from the Insurance Day experts

Turning London from testbed to hotbed of innovation A market in innovative products is emerging in London thanks to Lloyd’s Lab and the underwriters and brokers ready to shake up the 300-year-old insurance industry. Among them is Tokio Marine Kiln’s Rob Jarvis. In an interview with Insurance Day, Jarvis says that, to most companies in the London market, innovation still translates into a “tech-focused” role, and there are only “half a dozen underwriters and half a dozen brokers”, chiefly at the larger firms, focused on innovative products. “However, this is now established enough that there is starting to be an innovation marketplace, all centred around Lloyd’s Lab," he says.