Ki partners with QBE

Ki Insurance, the algorithmically-powered Lloyd’s digital follow platform, announced a partnership with QBE Insurance, which will become a capacity partner on the platform.

QBE capacity will be available on the Ki platform from early February for eleven open market classes of business: Cargo, Contingency, Cyber, D&O, Energy Midstream, Energy Upstream, FI, Hull, US PI, Property NA and Property WW. Partner capacity is being introduced to the Contingency class for the first time at Ki.

“We are proud to launch our partnership with QBE by adding their capacity to the Ki platform. QBE is a highly respected business in the specialty insurance market, with significant scale across the London, US and International markets. Their enthusiasm to partner with Ki reinforces our shared vision regarding the importance of seamless digital trading for the future of the specialty insurance marketplace. We are also pleased to be expanding capacity with our existing partners. Offering brokers capacity from five syndicates is another positive step in Ki’s continued commitment to the London market and our mission to drive innovation and digitization within the insurance industry.” – Mark Allan, CEO of Ki.

“As the insurance market continues to evolve, we are pleased to be partnering with Ki and its digital offering. Digital follow is driving positive outcomes for the market, brokers and insureds by providing faster access to high quality capacity and more certainty of placement and complements traditional underwriting. We anticipate significant growth taking place over the next decade in this space and, as a market leader, look forward to collaborating with Ki to drive increased digitization and efficiency throughout the entire risk journey.” – Jason Harris, CEO at QBE International.