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Lloyd’s Register launches global program to accelerate safety innovation in industry

By BCShippingNews 13 December 2017
The Lloyd's Register Safety Accelerator will bring together technology companies and industry to test innovative digital solutions to critical safety and risk challenges.

Lloyd's Register (LR), one of the world's leading providers of professional services for engineering and technology, today announced plans for the Lloyd's Register Safety Accelerator, a new initiative aiming to remove barriers preventing industry uptake of cutting-edge safety and risk solutions. Lloyd's Register Foundation, a charitable foundation helping to protect life and property by supporting engineering-related education, public engagement and the application of research, will provide funding for the programme. Through their support of the accelerator, LR and the Foundation are working together for a safer world.

The Lloyd's Register Safety Accelerator will work with LR clients and key industry players to identify areas of operation with the most significant challenges to safety and risk. Technology businesses seeking an application for existing digital solutions will be invited to apply for funding to trial these products in an industrial environment, through the accelerator collaborators. By providing the opportunity for industry partners to be early adopters of innovation without the associated financial risk, and also offering technology companies both funding and a route to market, the Lloyd's Register Safety Accelerator will address issues acting as a barrier to improved industrial operation.

LR’s Chief Technology Officer Nial McCollam said: "The Lloyd’s Register Safety Accelerator programme is designed to open up the safety and risk marketplace to support and encourage more digital companies into the sector."

Professor Richard Clegg, Chief Executive of the Lloyd's Register Foundation, added: "We believe there is a huge opportunity to accelerate the application of science to solve real-world safety problems – one of the principal objectives of our Foundation."

Human safety on-board will be one of the first safety challenge themes; applications addressing this challenge area will open in Summer 2018. 

To register your interest in the accelerator – either as an industry collaborator or potential applicant – please visit the accelerator website: info.lr.org/accelerator.