Ki welcomes QBE as capacity partner on its platform

Ki, the algorithmically-powered Lloyd’s digital follow platform, has entered into a strategic partnership with QBE to add the global insurance and reinsurance company’s capacity to its platform starting February 3rd, 2025.

In addition to this, Ki has confirmed that it will offer enhanced partner capacity for risks incepting from March 1st, 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 also being introduced to the Contingency class for the first time at Ki. Therefore this launch coincides 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.

Following Ki’s move to be a standalone Fairfax company, this partnership marks another major milestone creating significant momentum in the market’s adoption of algorithmic digital follow.

The collaboration aims to serve as a testament to Ki’s goal of delivering efficient, high-quality digital follow capacity to Lloyd’s market, bringing value to brokers and their clients.

Mark Allan, Chief Executive Officer (CEO) of Ki commented, “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 added, “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.”

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