LCM Solutions

LCM Solutions

Shifting from buying insurance to selling risk

As many countries continue to grapple with rising inflation and the ripple effects of geopolitical conflicts, property risk is in a state of flux, and risk managers should be proactive and adapt to the wide-ranging changes. Hemant Shah (pictured above),…

cyberconIQ partners with Cultural Analytics Firm New Eden

December 07, 2022 Partnership to Enhance Cultural Working Practices and Compliance Behaviors to Reduce Organizational Risk and Lower Cyber Insurance Premiums YORK, PA – December 07, 2022 | The patented methodologies of cyberconIQ have proven successful at enhancing online user behaviors and reducing overall…

LCM Solutions Help to Remove Cloud Over Strata Concerns

In and amongst the grey skies of the Canadian Strata environment there is a looming rainbow on the horizon to stop the sky from falling! Much has been written recently about concerns in the Condo/Strata market regarding rising premiums, availability of adequate insurance capacity and impact of increasing costs resting squarely on the shoulders of unit owners. Insurance costs have increased as much as 400%.

Segregating Commercial Claims

Underwriters continue to feel the pressures of climate change on their property losses and continue to look for ways of reducing claims costs. The formal procurement process has helped to reduce costs and improve service but has procurement gone far…

Improving the Claims Experience

Originally posted:   Insureds and carriers agree that more communication can address common claims complaints. Carriers today often argue that buying their insurance product is about much more than financial indemnity and peace of mind. Many insurers include a variety…

Fenchurch / LCM form Strategic Partnership in Support of LMA – TOM

PRESS RELEASE London, UK, November 19, 2018 Fenchurch Park London and LCM Solutions Canada are delighted to announce a strategic partnership specifically designed to consult into Managing Agents, London Market Insurers, London Market Brokers, MGAs and Coverholders in relation to TOM (Target Operating Model), a core component of the market modernisation proposal set out by the London Market Group.