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Alex Croydon

Alex Croydon is managing director, general insurance UK, at Verisk. She can be contacted at Alex.Croydon@verisk.com

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September 8, 2021

How can UK insurers obtain meaningful ADAS data?

Motor insurers may struggle to process the data around existing ADAS features in a vehicle and turn it into useful underwriting information.

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August 24, 2021

How can home and motor insurers adapt to looming FCA reforms?

The upcoming reforms have caused many insurers to re-evaluate their approaches to pricing home and motor policies.

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February 4, 2021

Beast from the East or just a cold spell? Insurers brace for freezing weather claims

As wintry weather sweeps across the UK, many insurers are cognisant that another potential 'Beast from the East' or wave of unusually cold spells could lead to a surge in…

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January 25, 2021

Geodemographic segmentation in insurance paves way for better customer engagement

Geodemographic segmentation gains traction as a way for insurers to identify groups that share similar characteristics for market analysis and decision-making.

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May 18, 2020

Storms Ciara, Dennis, and Jorge reinforce need for robust models

With storms Ciara, Dennis, and Jorge all contributing to the wettest February on record, it’s a sensible time for insurers to test whether their perils models are fit for…

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April 1, 2020

Five ways UK property underwriters can suffer from premium leakage

Premium leakage remains a big challenge among UK property underwriters. This article highlights five common ways underwriters might suffer from inaccurate rates, higher…

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February 4, 2020

Freezing weather and burst pipe claims: Are insurers prepared for another ‘Beast from the East’?

UK insurers saw a significant spike in escape of water and weather-related claims during the first quarter of 2018 when Anticyclone Hartmut struck Great Britain and…

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October 30, 2019

Subsidence, heave, and other risks beneath: Why insurers can’t rely on just one data source

By developing rating plan for subsidence and other ground movement risk, insurers can rate policies more accurately, increase market share, reduce loss ratios, and lower…