Insurance
Insurance analytics
We are a team of actuaries, data scientists and developers who deliver multi-award winning analytics solutions and support to non-life insurers. This includes our analytics platform InsurSight, which has assessed over £150bn of reserves.
We combine our tech skills with deep actuarial and insurance domain knowledge to provide a range of services to insurers. This includes reserving transformation, technical pricing, claims analytics, data enrichment and supporting upskilling of insurers' own actuarial teams. We work with a modern tech stack including R, Python, C#, SQL, Azure, Git and other DevOps best practice.
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InsurSight
Helping you spot early warning signs and avoid reserving surprises
InsurSight is our award-winning analytics and automated trend identification platform for general insurance companies.
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Solvency II
Balancing risk and opportunity in an uncertain world
LCP’s eighth annual analysis of Solvency II reports from 100 of the largest non-life insurers in the UK and Ireland shows continued financial growth in 2023.
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The risk function of the future
In this report we present a blueprint for the risk function of the future – fusing the power of automation, analytics and AI with human judgement and strong relationships across the business.
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Insurance Uncut
LCP's podcast about insurance
Join show hosts Charl Cronje, Jessica Snowball and guests to discuss key issues impacting the general insurance market.
How we support non-life insurers
We use our unique combination of deep insurance actuarial domain knowledge, data science and tech expertise to support non-life insurers on a range of analytics projects:
Technical pricing
Our team has extensive experience of technical pricing across both personal lines and specialty insurance. This is from previous roles at insurance companies and a wide range of consulting projects.
Claims analytics
We help insurers bridge the gap between claims and actuarial teams to help them better identify and quantify changes in claims experience. This helps insurers prioritise where improvements to claims management are most needed and to assess whether recent initiatives are having their intended impact.
Upskilling actuarial teams
We help insurers transform how they do actuarial work. Recent examples include upskilling actuarial teams to code in R and Python, embedding our multi-award winning analytics platform InsurSight and using AI to deliver meaningful change in the way they work.
Reserving transformation
We help firms turn their reserving into a source of competitive strength through risk-free and sustainable transformation.
Data enrichment
We combine internal data sources together into a consistent and clean data structure and supplement this with external data sources where necessary.
Our experts
Get in touch
If you would like to know more about our insurance services and how we can help you.
