Lloyd's of London Tercentenary Foundation

The Lloyd's of London Tercentenary Foundation, operating as the Lloyd's Tercentenary Research Foundation (LTRF), was established in 1988 to commemorate 300 years of Lloyd's, governed by trustees from academia and the insurance market. Its core mission is to fund outstanding academic research addressing the global protection gap—the disparity between insured and total economic losses—through innovative, interdisciplinary studies on risk, resilience, and mitigation strategies across political, social, technological, and environmental domains. Emphasizing societal impact, practical relevance, collaboration between academia and insurance, and support for early-career researchers, LTRF prioritizes projects driving real-world behavior change, stakeholder engagement, and knowledge exchange, distinguishing itself as a sector-led foundation bridging insurance with global societal benefits.

It funds academic institutions, universities, UK-registered charities, and research centers worldwide, with no geographic restrictions, supporting projects like the Fulbright-Lloyd’s Scholar Awards for UK-US risk research, tsunami risk quantification in Indonesia, and community microinsurance pilots in the US and Puerto Rico. Priorities include deepening risk understanding, enhancing economic/social resilience, and fostering diverse researcher pipelines, with a focus on innovative solutions for vulnerable communities and urban contexts; it prefers medium-to-large organizations with established expertise but accepts unsolicited applications globally.

Grants range up to £100,000 for one-year projects or £50,000 annually over two years, covering salaries, research costs, and capped indirects (18%), but exclude unrestricted or capital funding. Applications require a detailed form (research plan, budget, dissemination strategy) emailed by the annual deadline of 25 July 2025; single-stage process with possible follow-up presentations. LTRF's unique emphasis on industry-partnered, outcome-driven research sets it apart for applicants seeking scalable impact on policy and practice.