Alex Marcuson FIA
Managing Director
Independent actuarial consulting · since 2010
Actuarial and risk consultants to the global general insurance industry.
We are a specialist general insurance actuarial firm based in the City of London. We provide skilled and scarce actuarial secondees, consultants and experts, tailored to our clients needs. Established in 2010, we take pride in our independence.
“Marcuson Consulting were tenacious, produced valuable insights, and responded quickly to challenge.”
What we do
Three ways we work with you
Actuarial & Risk Consulting
Independent review and challenge across reserving, capital, pricing and the actuarial function.
- Reserve reviews and SAOs
- Audit support
- Internal model validation
- Pricing model build and review
- Due diligence reviews and RITC pricing
- Outsourced actuarial function
Secondment Solutions
Experienced actuaries in your team: one person, a whole team, or an interim Chief Actuary.
- Second an individual to fill a gap
- Team secondments for cost efficiency, a wider skillset and resilience
- Interim “Head of” role, Chief Actuary or CRO
Part VII & Expert Advisory
Independent Expert on Part VII transfers, expert witness, litigation support and M&A.
- Independent Expert for Part VII transfers
- Litigation support
- Expert witness
- M&A
- Commutations
- Special projects
Meet the team
You’re in experienced hands.
Our team includes Fellows of the Institute and Faculty of Actuaries and of the Casualty Actuarial Society, with doctorates from Oxford and UCL.
- 01
Senior-led
Experienced actuaries lead and stay close to every piece of work, with the right mix of people doing it.
- 02
Independent
Our advice is free of conflicts of interest.
- 03
Tailored to the work
A single transaction, an expert opinion or a secondment that runs for years: we shape the team to fit.
Marcus Schofield PhD FIA
Senior Actuary
Miriam Lo FIA
Senior Actuary
Steven Fisher DPhil FIA
Senior Actuary
“The Marcuson team seamlessly joined for phase 2 of a difficult validation project and delivered outcomes demonstrating robust technical understanding and diligent underlying work. I wouldn’t hesitate to work with them again.”
Reports
UK Motor Market study
Every year we analyse the public disclosures of UK and Gibraltar motor insurers, covering about 99% of the market by premium. Preliminary findings follow in May, updated findings in the autumn.
Latest: 2025 updated findings, published October 2026. 2025 was another strong year for motor underwriters; early signs for 2026 are less comfortable.
Case studies
Selected work
A few examples of the problems we have helped clients solve. Client names are kept confidential.
All case studiesCapital Modelling
Capital allocation – driving business engagement
Our client, a small Lloyd’s managing agency within an international re/insurance group was struggling to get business engagement with the output of their newly-built capital model. They asked us…
ReadCapital Modelling
External validation – cutting through complexity
We carried out a comprehensive independent review for a large Lloyd’s managing agency writing a broad mix of property and casualty direct and reinsurance business. Features of our approach were:
ReadMergers and Acquisitions
Sell-side M&A in the Lloyd’s market
We provided support to a major insurance company where its owners were looking to sell. Having helped prepare reserve adequacy presentations to prospective investors, we were invited to join the…
ReadCareers
Current vacancies
Work directly with experienced actuaries from day one, on consulting, research and secondment projects across the general insurance market.
Careers at MarcusonLet’s talk
Tell us about the problem you are working on and a senior actuary will get back to you.