Alchemy London Market

Alchemy London Market serves as a management consultancy for the insurance industry, catering to the leadership, technology, and change teams of prominent (re)insurers, syndicates, brokers, MGAs, insurtechs, and service and software providers.

When clients seek a trusted partner to lead them through their transformation journeys, they turn to Alchemy London Market. Utilising a diverse network of industry experts and partners, Alchemy London Market shares insights and delivers outcomes with a bespoke approach tailored to each client's unique scenario. Alchemy London Market provides consulting services that centre around growth, operations, and technology. These services encompass business strategy, technology investments, change management, and capabilities enhancement.

Our Journey

2018 marked the inception of a transformative strategic relationship between Alchemy Technology Services and r10 Consulting. This pivotal year saw the forging of a collaboration grounded in a shared ethos and a people-first strategy. United by a common vision, both organisations embarked on a journey to bring innovative solutions to the ever-evolving landscape of the insurance industry.

In the ensuing years, our partnership deepened, with Alchemy and r10 working closely to navigate the complexities of the insurance sector. The synergy between the teams became evident as they jointly tackled challenges and embraced opportunities in the fast-paced and dynamic London Market.

The year 2023 stands as a watershed moment in our journey, Alchemy proudly announced the strategic acquisition of key elements from r10 Consulting in June. This move was a natural evolution, building upon the strong foundation laid since 2018. The acquisition not only expanded our capabilities but also reaffirmed our commitment to providing exceptional IT services tailored to the specific needs of the insurance sector.

By combining the skills and knowledge of both teams we created a powerhouse of expertise within the London Market. This strategic decision not only strengthened our foothold in the industry but also allowed us to offer a more complete service to our clients.

As we reflect on our journey from 2018 to this strategic acquisition in 2023, we are proud of the milestones achieved, the collaborations forged, and the innovative solutions delivered. Our commitment to embracing change and maximising the long-term potential of the insurance industry remains unwavering.

r10 Consulting has now rebranded as Alchemy London Market and moved into a new base in the Lloyd's of London building from where it will be able to offer a more comprehensive suite of services to the insurance sector. The acquisition will create a number of synergies for the business, including an expanded service portfolio, access to broader markets and the ability to leverage combined technological solutions.

Our Combined Strengths

The acquisition of r10 by Alchemy creates a synergy that goes beyond the sum of its parts, empowering clients with a comprehensive solution for their digital transformation journey in the insurance industry.

Full End-to-End Project Delivery Capability
Alchemy London Market expertise combined with Alchemy's technical proficiency offers an end-to-end solution, from strategy to implementation, ensuring a seamless digital transformation journey.
Access to a Wider Range of Skills
With access to a broader talent pool, clients benefit from a wider range of certified professionals who understand the intricacies of the insurance industry.
Combination of Technical and Business Knowledge Across the Insurance Value Chain
Alchemy London Market industry knowledge aligns perfectly with Alchemy's technical expertise, allowing clients to leverage a deep understanding of both the business and technical aspects of the insurance value chain.
Increased Network of Vendors and Suppliers
A wider network of insurance-specific partners, vendors, and suppliers available to clients enhances the ability to find and integrate specialised services and solutions, supporting a more comprehensive approach to client needs.
Global Reach with a Proven Track Record
With a proven track record of delivering projects across continents, clients gain access to a global perspective and expertise, enabling them to thrive in a rapidly evolving insurance landscape.

Group-Level Information

200+ Combined Employees
10+ Years of Industry Experience
21 Countries
70+ Projects Completed
Services - Strategy & Business Transformation, Technology Investment Support & Analysis, Project Management, Business Analysis, Subject Matter Experts, Talent Placement, Implementation, Maintenance & Support, Training as a Service
462+ Guidewire Certifications