Ki partners with QBE to expand digital follow capacity

It expands automated underwriting across 11 business classes starting March 2025

Ki partners with QBE to expand digital follow capacity

Technology

By Kenneth Araullo

Ki, the algorithm-driven Lloyd’s digital follow platform, has announced a partnership with QBE, which will join as a capacity provider.

The collaboration follows Ki’s recent transition to a standalone Fairfax company and marks another step in the expansion of algorithmic digital follow within the Lloyd’s market. 

QBE capacity will be available on the Ki platform from February 3, 2025, for policies incepting from March 1, 2025. It will be accessible across 11 open market business classes, including cargo, contingency, cyber, directors & officers (D&O), energy midstream, energy upstream, financial institutions (FI), hull, US professional indemnity (PI), property North America, and property worldwide.

It also marks the introduction of partner capacity in the contingency class on the Ki platform. 

The addition of QBE’s capacity aligns with Ki’s broader expansion, which includes increasing follow capacity with its existing partners. With five Lloyd’s syndicates now providing capacity through Ki, brokers will have access to larger line sizes across an expanded range of classes.

Mark Allan (pictured above), CEO of Ki, said the partnership strengthens Ki’s presence in the specialty insurance market and supports its vision for digital trading.

“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,” Allan said.

Jason Harris, CEO of QBE International, said the collaboration aligns with the evolution of the insurance market, where digital follow platforms are increasing efficiency in risk placement.

“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 digitisation and efficiency throughout the entire risk journey,” Harris said.

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