Catherine Drummond

I am a partner in LCP's Insurance Consulting practice. I have nearly 20 years of consulting experience and help my clients understand and manage their insurance risks better. I work with a wide range of insurers, including large personal lines insurers, commercial insurers and Lloyd's syndicates. I hold a UK Chief Actuary Practising Certificate and am the Appointed Actuary for an insurer in Australia.

I am a Solvency II expert and can help you and your firm navigate the wide-ranging and onerous regulatory requirements. I have performed numerous independent reviews of internal model validation, risk and governance frameworks, standard formula calculations and technical provisions. I have also helped the risk function of a large global insurer prepare for restructuring and redomiciling due to Brexit.

Clients tell me that they appreciate my hands-on approach to getting things done, and my ability to explain complex issues in an easy to understand way.

I am the Chair of the IFoA’s GI Board, and have previously been the Chair of the IFoA's GI Livelong Learning Committee.

I author LCP’s annual review on the SFCRs of 100 non-life insurers across the UK and Ireland, and have presented widely on this subject, including at EIOPA’s industry conference in Frankfurt.

In addition, I am a founding member of LCP's LGBT+ network which leads initiatives and provides support to ensure that we provide an accepting environment for LGBT+ individuals to thrive and prosper, and am on the Senior Advisory Board of Link (the insurance industry’s LGBTQ+ network).

I have won a number of industry awards, most recent "Role Model of the Year" at the 2023 Women in Insurance Awards.

Outside work, I enjoy spending time with my partner and son, our families and our pets, as well as playing piano, organ and saxophone.