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PRESS RELEASE

Lloyd’s of London Selects RequirementONE for Innovation Lab

Lance Mercereau
Lance Mercereau
Apr 26, 2019 9:00:00 AM

Pioneering RegTech will advance the insurance industry with access to regulatory intelligence 

London – April 26, 2019: RequirementONE today announced that the fast growing RegTechcompany has been chosen by Lloyds of London to participate in Lloyds Lab, an incubator of innovative start-ups that address the challenges and opportunities facing insurers. 

RequirementONE was chosen for its expertise in simplifying compliance and, specifically reducing the complexity and cost of compliance by 50% using its unique automated compliance lifecycle management platform which provides actionable regulatory intelligence from 1,000s of sources. 

The second cohort of 12 companies was chosen from a competitive list of hundreds that will work closely with Lloyds of London mentors over the next 10 weeks to develop, test and bring to market data products and services to support the transformation of the insurance industry.

“It’s an honor for RequirementONE to have been selected by Lloyd’s of London to support the most famous insurance brand in the world, and Lloyds’ marketplace, to become a more competitive and innovative place to do business.  We look forward to leveraging our technology platform so the global insurance market rapidly changes to meet the growing expectations of customers." said Martin Gorm Pedersen, Founder and CEO, RequirementONE.

About RequirementONE

Our vision is to provide every compliance organization in the world with actionable and personalized regulatory intelligence – streamed to all decision-makers employees and business systems. The fully managed RequirementONE platform uniquely simplifies compliance by automating the curation and distribution of actionable regulatory intelligence throughout the compliance lifecycle, lowering the cost of compliance management by 50%. To learn more, visit www.requirementone.com