Ki, the algorithmically-powered Lloyd’s digital follow platform, is delighted to announce a partnership with QBE and welcome them as a capacity partner on its platform.

This partnership with QBE is another major milestone for Ki following its move to become a standalone Fairfax company earlier this month and creates significant further momentum in the market’s adoption of algorithmic digital follow.

QBE capacity will be available on the Ki platform from 3 February 2025, for business incepting from 1 March 2025, across 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.

The launch of the QBE capacity will coincide with Ki growing its overall open market follow capacity with its current partners. Together, these enhancements mean brokers will be able to access larger line sizes across more classes of business from five Lloyd’s syndicates on the Ki platform.

Today’s announcement further supports Ki’s goal of delivering efficient, high-quality digital follow capacity to the Lloyd’s market, bringing value to brokers and their clients.

Mark Allan, CEO of Ki, said: “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 digitisation within the insurance industry.”

Jason Harris, CEO at QBE International, said: “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 digitisation and efficiency throughout the entire risk journey.”