InsurTech startup Sustema goes to London


Based in Zurich, Sustema specialises in data Analytics to measure corporate behaviour. The startup has been selected to join Lloyds lab focusing on InsurTech in London for a ten-week program to accelerate the delivery of its solution to the Lloyd's Market.



Like consumer behaviour, corporate behaviour can be measured and used to understand a corporation’s attitude towards risk and its stakeholders. Sustema is a data analytics company that measures corporate behaviour using publicly available data to improve the portfolio performance of insurance companies. Delivered as a cloud-based service with a consistent and objective real-time analysis of over 17,000 listed companies, Sustema provides insurance companies with an unbiased view of their clients by providing them with. By measuring the behaviours that drive risk, the startup enables risk portfolios to be constructed in an objective manner, ensuring consistent a capital deployment that results in significantly improved portfolio performance. The solution will soon be available in London as Sustema is one of the 12 companies selected from 300 international applicants to join Cohort 2 of the Lloyds Lab program in London. During the ten-week program, Sustema will focus on bringing its solution to Lloyd's market while the team works with Lloyd’s market experts and will develop its solution alongside its target audience. Moreover, the program offers free access to its state of the art co-working space and potential funding. Lloyd's Lab was set up by Lloyd's of London to create an environment where new concepts and products can be tested with the support and active involvement of the world's specialist insurance marketplace.(RAN)