UK
IE
Insurance consulting
Clear, independent advice that helps property and casualty (P&C) insurers address the big challenges of today, supported by deep market insights and advanced analytics.
Insurance markets are more complex and sophisticated than ever before. Insurers need a deliberate and data-driven strategy to thrive. We provide actuarial, analytics, risk, underwriting strategy, and regulatory advice to help our clients understand their exposures, manage risks, and make best use of their capital.
Insursight
Analytics and automated trend identification platform
InsurSight will allow you to materially accelerate your data analytics and reserving processes.
We help our clients maintain a competitive edge while ensuring that regulatory requirements are met and their customers are protected.
How we can help
We help our clients to maintain a competitive edge, delivering sustainable underwriting profitability, while ensuring that regulatory requirements are met, and that their customers are protected from unforeseen events.
- Actuarial: We provide all actuarial support required by P&C insurers – including reserving, capital modeling and insurance business transfers. We also offer a “full actuarial service” so that firms can relax knowing that all key aspects of their work are in safe hands, including LCP providing the formal Appointed Actuary or Head of Actuarial Practice role.
- Analytics: We fuse deep market insights with advanced analytics, to help support clear data-driven strategic decisions. Our award-winning analytics platform, InsurSight, is being use to assess over $300bn of insurance reserves.
- Risk: We help insurers to adapt and evolve their approach to managing risk in an increasingly interconnected, fast-moving and volatile world. Our work ranges from establishing robust risk management frameworks through to deep dives into insurance megatrends such as AI, geopolitical risk and climate change.
- Underwriting strategy: We help insurers to best deploy, manage and reward their underwriting expertise and available capital by building a strategy linked to their core underwriting competencies.
- Regulatory advice: We support insurers with meeting their regulatory requirements. Our approach focuses on the key value to the business, with regulatory compliance often being a natural byproduct of running an effective insurer.
- Target operating model and resource optimization: We help insurers to define and deliver their future actuarial, risk, analytics, and underwriting operating models, and to support them in transforming to be a modern insurer.
We take the time to understand our clients' business and to be their trusted partner
This enables us to understand where our support fits into our clients' wider strategy and business priorities. We can then take a wider lens – not just pure actuarial, analytics, or risk – it’s bringing together these areas to give a strategic whole that helps to meet their goals.
We tailor our services to your specific circumstances. Whether you are looking for a full outsourced actuarial work (including Appointed Actuary role), through to a deep dive into a specific area.
Explore our insurance consulting services
Featured press
“Turning purpose into action” - LCP releases 2025 Impact Report
LCP has released its 2025 Impact Report, highlighting the actions the firm has taken across the year to play its part in building a healthier, fairer, and more resilient society.
LCP reports another year of sustainable growth driven by people, culture, and technology
LCP has announced a record income of £232 million (approx. $314 million) for the financial year 2024/25, representing a 10% increase on the previous year.
General insurance actuaries urged to review modeling assumptions as risk landscape shifts and markets soften
As insurers prepare for 2026 and market conditions continue to soften, LCP is urging actuaries to review their assumptions to ensure their capital models remain robust.
LCP scoops award for AI Insurance tool at industry awards
LCP has won an award for its unique cutting-edge AI Insurance loss reserving tool, InsurSight, which has been named Reserving Solution of the Year.
Discover our client stories
A fresh pair of eyes: Performing an independent reserve review
How we helped our motor insurance client navigate one of the world’s most competitive markets.
What’s the secret to managing risk effectively?
How we have helped risk managers anticipate and address the most important risks facing the business.
Deep dive support - people risk
How we gave our client, a leading global run-off provider, insight into how effectively the firm was managing people risk.
Outsourced internal audit
How we were able to provide a small personal lines insurer with a tailored service that met their audit requirements.
Featured insights
Market Insights Report: Capital Modeling and Validation
Explore how insurers are navigating today’s capital modeling and validation challenges, and why embracing automation is key to unlocking efficiency and enabling deeper analysis.
Global reserving and transformation review
In this report, we share our latest insights into current challenges and what the future might hold for insurance reserving across the market.
How is your capital model validation responding to insurance industry megatrends?
In this blog, Tom Durkin looks at how capital modeling is responding to insurance industry megatrends.
Insurance Uncut - A podcast all about insurance
Join show hosts Charl Cronje, Jessica Snowball, and guests as they discuss key issues impacting the general insurance market.
Get in touch
If you would like to know more about our Insurance Consulting services and how we can help you.
