The new program gives insurers seamless access to LexisNexis data analytics solutions through consulting organizations and major software providers, such as Duck Creek and Guidewire.
The LexisNexis ID Compass Platform offers multi-layered approach to identity authentication and verification to help U.S. insurers minimize cybersecurity risk while improving CX.
The solution provides U.S. insurers with accurate underwriting and auto insurance risk assessment and information about specific ADAS features on a vehicle.
iPipeline iGO e-App users will be able to access products from LexisNexis Risk Solutions such as identity verification, multi-factor authentication, and data prefill solutions.
The acquisition positions LexisNexis to deliver a complete package that includes technology, data management, and experience, and to leverage the existing infrastructure and integration that the firm has with hundreds of insurers today.
The addition of Flood Re data to the LexisNexis Risk Solutions platform enables insurers to automatically identify any property that qualifies for Flood Re at the point-of-quote and understand the cost of ceding to the program.
The partnership combines LexisNexis’ Risk Classifier model with ExamOne’s accelerated medical solution historical lab testing and prescription information.
The launch is a salvo in the battle for information providers to establish connected car data access with OEM, who are gaining control of data that can power usage-based insurance.
LexisNexis Active Insights helps insurers better understand their customer’s present situation by providing timely alerts that identify key changes recently occurring in the household.
The new data score from LexisNexis Risk Solutions uses predictive analytics to enable insurers to more accurately rate and underwrite local fire responses.