In this blog, Tom Durkin and Charlie Stone talk about how insurers can gain a competitive advantage by using data effectively.
My name is Tom and I head up LCP's capital modelling team.
I work with insurers and other financial companies to help them understand their business risks and capital requirements.
My role ranges across all aspects of insurance capital modelling, from building models through to review, validation and using them to help my clients make better business decisions.
I am a Fellow of the Institute and Faculty of Actuaries and have a degree in Mathematics from Cambridge University.
Tom was outstanding. He was a pleasure to work and communicate with, and he was able to provide valuable insights throughout the engagement.
Our latest thinking
In this blog, Tom Durkin and Neil Gedalla review how to look at your established validation programme to ensure that it stays effective year-on-year.
LCP has reported a record income for the financial year 2018/19 as the firm positions itself for future growth in traditional areas via developing new innovations and technological offerings.21 August 2019
Recent findings from Lane Clark & Peacock’s (LCP) third annual survey of Solvency II implementation across the UK and Ireland shows that the proportion of firms highlighting Brexit as a key risk to solvency has nearly doubled over the last 12 months from 33% to 64%.23 July 2019
Welcome to our third annual review of Solvency II reporting by 100 of the largest non-life insurers in the UK and Ireland.
In this publication, our in-depth interviews with key decision-makers at 22 non-life insurers show that the large majority of insurers now hold investments outside of the ‘traditional’ allocations to short-dated developed government bonds, investment grade corporate bonds and cash.
We interviewed 35 general insurers about how they are getting the most value from their capital modelling. The survey reveals that over 85% of insurers see capital modelling adding genuine value to their business beyond regulatory compliance.
How I can help
We work with insurers to help them better understand and manage the risks they face and their capital requirements.Discover more
We help organisations to unlock business value from their Solvency II processes.Discover more
We can help you harness your data for competitive advantage, through powerful analytics and deep industry knowledge.Discover more
We provide an alternative, external view on the best estimate level of reserves for insurers and also help them understand the key drivers of variability around that best estimate.Discover more
We help our insurance clients to develop strong links between their strategy, capital management and risk management processes, improving their chances of business success.Discover more