Lane Clark and Peacock - LCP InsurSight

Type of System

  • Analytics
  • Reserving solution

Type of platform

  • Cloud
  • SaaS
  • Web-based

What are the typical implementation costs?

Implementation costs are minimal as LCP InsurSight uses data in a format that is widely used in reserving processes across the industry and so little bespoke setup is required.

How long does your software take to implement on site?

Typically minutes as the solution is web-based. To use LCP InsurSight, the only software that is needed is an up-to-date version of Google Chrome or Microsoft Edge which users typically already have access to.

Please name companies that use the system/solution

InsurSight is currently used to assess over £70bn of reserves across a range of personal and commercial lines insurers. We cannot name any current users due to non-disclosure agreements.

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LCP InsurSight is an award-winning analytics and automated trend identification platform for general insurers.  LCP InsurSight enables insurers to make better reserving decisions and save time by combining the latest analytics techniques with LCP’s actuarial expertise in an intuitive, easy to use platform. LCP InsurSight does this by using machine learning to identify trends in key reserving diagnostics early, providing more time for analysis.

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