An accomplished creator of UK Property Data products with proven success conceiving, developing and scaling many successful products including environment reports for conveyancing, climate change impact assessments for mortgage lenders, property value model and no-questions-asked loss models for home insurers. With a background in mathematics and data science, adept at building product prototypes, collaborating with customers to achieve desired outcomes. Skilled in managing the data and IT teams that build the platforms to deliver products to the customer.
Idox Group
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Product DirectorIdox Group Nov 2023 - PresentFarnborough, England, United KingdomResponsible for developing UK land and property data products
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Product Strategy ConsultantEmapsite Apr 2023 - Oct 2023Farnborough, England, United KingdomDeveloped product strategy of UK data company Emapsite -
Product DirectorExperian Nov 2021 - Apr 2023Nottinghamshire, England, United KingdomAcquired with team by Experian as a carve-out from Landmark to reinforce Experian’s offering to the insurance sector by providing property data and loss modelling expertise and products. • Transitioned the acquired products, cloud platform and data science capability into Experian’s technical ecosystem; completed all post-acquisition objectives.• Rebuilt loss models to use credit bureau data with significant improvement in predictive power.• Conceived and developed new peril products for home insurers which were successfully launched with promising early sales. • Conceived and developed a property valuation model for the mortgage origination market, a key strategic objective for the business. -
Md Insurance ServicesLandmark Information Group Aug 2013 - Nov 2021Reading, England, United KingdomSet up from scratch and ran a new division of Landmark charged with exploiting their holdings of property data. • Created the innovative No-Questions-Asked home insurance loss model which uniquely allows an insurer to price household insurance based on just the address of the property; culminated in carve-out sale to Experian.• Managed sales, contract negotiation, cloud platform, data acquisition in addition to being actively hands-on in the data science.• Created a climate change impact service that helped mortgage lenders assess their portfolio exposure for the regulator; acquired 8 mortgage lender customers in the first year.• Built extremely efficient elite team; resource cost to revenue ratio 1:10. • Grew division EBIT from £0 to £2m. -
CooLandmark Information Group 2003 - Aug 2013Exeter And Reading, UkLed the Product Development, IT and Data Science functions of Landmark Information Group. • Drove turnover from £10m to £100m with a 22% margin.• Achieved growth by continuously improving the existing product range in addition to creating innovative new information products. • Integrated the people and products from 4 bolt-on acquisitions into the organisation.• Steered the product range from raw data delivery to higher value analytic and opinion services.Specialties: UK Property Information. Data modelling. Product Development. Acquisitions. -
Md Landmark PromapLandmark Information Group 1999 - 2002Led the Product Development, IT and Data Science functions of Landmark Information Group. • Drove turnover from £10m to £100m with a 22% margin.• Achieved growth by continuously improving the existing product range in addition to creating innovative new information products. • Integrated the people and products from 4 bolt-on acquisitions into the organisation.• Steered the product range from raw data delivery to higher value analytic and opinion services.
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It DirectorProdat Systems Jun 1995 - Jun 1999Henley On Thames, UkCofounded Prodat Systems which created the mapping product Promap. Coded the first version of the product and then ran the IT function. When Prodat was acquired by DMGT it had 30 members of staff with £3m turnover.
Richard Barnes Education Details
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Mathematics
Frequently Asked Questions about Richard Barnes
What company does Richard Barnes work for?
Richard Barnes works for Idox Group
What is Richard Barnes's role at the current company?
Richard Barnes's current role is Creator of property data products.
What schools did Richard Barnes attend?
Richard Barnes attended University Of Cambridge.
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