Ki, the digital and algorithm-driven Lloyd’s tracking platform, has entered into a strategic partnership with specialist insurer Tokio Marine Kiln (TMK) to expand capacity.
This makes TMK its fifth capacity partner, which will leverage Ki’s technology to provide centralized digital following capacity allocation in selected categories.
The move enables brokers to access larger quotas across six Lloyd’s Groups through Ki’s digital platform. To recap, Ki capacity partners include Beazley, QBE, Aspen and Travelers with its Syndicate 1618.
Ki explained that providing customized capacity for the platform demonstrates the flexibility to work with companies and align demand with carrier strategies in a strictly algorithmic underwriting environment designed for follow-on business.
Ki manages $1.11 billion in premium value by 2025, including more than $200 million in partner capacity.
Ki CEO Mark Allan commented: “I’m delighted to see TMK purposefully leveraging our unique capabilities for this bespoke launch.
“Continuing to build algorithmic underwriting capabilities at Lloyds supports our vision to help track the digitization of markets in a scalable and prescriptive way.”
