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Trading Complex Risks Using Ki’s Broker API

Brit Insurance
United Kingdom
Connected Ecosystems & Marketplaces

Elevator pitch

Ki’s Broker API allows brokers to obtain quotes within 30 seconds on average by directly integrating with their internal platforms, compared to the normal transaction time of c.7 days; a 20,000x improvement.

Innovation Presentation

Ki, the first algorithmically-driven fully-digital Lloyd’s syndicate, has developed the first ever direct API integration between a London Market carrier and broker, allowing brokers to automatically request for a quote, across all open market specialty classes of business, within their internal broking platforms, without needing to visit the Ki platform.

Over the course of 2021, we have integrated with 3 of the Top 10 Lloyd’s of London and global brokers, Willis Towers Watson, Ed Broking and Price Forbes, with a total opportunity of $175m in gross written premium. A further two broker integrations are planned for early-2022.

What the broker integration provides is:

1. Fully automated: Automated request-for-quote, after lead term…

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