LexisNexis Risk Solutions
At LexisNexis Risk Solutions, we believe in the power of data and advanced analytics for better risk management. With many years of expertise, we are the trusted data analytics provider for organisations seeking actionable insights to manage risks and improve results while upholding high standards for security and privacy. LexisNexis Risk Solutions serves customers in more than 100 countries and is part of RELX Group, a world-leading provider of information and analytics for professional and business customers. For more information, please visit risk.lexisnexis.co.uk/insurance
All content by LexisNexis Risk Solutions
LexisNexis Vehicle Build service to give UK insurance providers vehicle safety data insights
Motor insurance providers across the UK can now start testing LexisNexis® Vehicle Build, a new solution to better evaluate specific Advanced Driver Assistance Systems (ADAS) to support pricing and underwriting. Download this blog to find out more.
Vlog with Martyn Mathews: Underwriting improvements through household claims data insights
In this video, Martyn Mathews, Senior Director of Personal Lines at LexisNexis Risk Solutions highlights how household insurance providers can underwrite with greater certainty by bringing together claims history with other data enrichment factors.
Vlog with James Burton: Data sharing and working with data partners is enriched by contributory data platforms
With disruption to the insurance ecosystem, insurance propositions are likely to change quite dramatically. In this video, James Burton, Senior Director of Product Management, LexisNexis Risk Solutions, highlights why more insurance providers require additional external data sources to be piped.
Vlog with James Burton: How LexisNexis Risk Solutions' Data Hub Is delivering insurance data closer to the point of need
In this video, James Burton, Senior Director of Product Management at LexisNexis Risk Solutions discusses the launch of Perils via Data Hub with examples of flood data, showing how we are making it easier for insurance providers to automate and use data in that space.
Understand the named driver insurance risk: Here are some of the risk predictors
To determine if additional information about named drivers would truly help with differentiating the risk of a motor insurance policy, LexisNexis Risk Solutions analysed policies with named drivers present. This blog highlights some of the risk predictors for named driver insurance.
Counting the cost of cancellations: The power of data in predicting insurance cancellations
Based on research conducted by LexisNexis Risk Solutions, this blog highlights the impact of insurance policy cancellations, factors which increase the probability of future cancellations and how insurers can leverage cancellations data to make price adjustments to mitigate the risk and costs.
Under-served, under-insured and data-poor: How can we make insurance easier for SMEs?
Estimates show that about 70% of SMEs in the UK are under-insured. This blog highlights the perils of underinsurance for SMEs, and how insurers and brokers can combine education, data and technology to make insurance relevant and easier for SMEs.
Infographic: Four in ten drivers believe they can use the same no claims discount on multiple vehicles
Based on research conducted by LexisNexis Risk Solutions, this infographic highlights the tactics used to mislead motor insurers and why drivers need to be aware of the risks of supplying inaccurate information to their insurance provider.
Commercial property insurance: A digital divide?
A split is appearing in commercial property insurance between providers using digitisation and data enrichment and those yet to adopt these technologies. This report assesses commercial property insurance providers’ appetite for digitisation in general and for the use of data enrichment.
Infographic: A wealth of knowledge - Data enrichment for commercial property insurance
A study of commercial property insurance professionals investigated to what extent providers are embracing digitisation and data enrichment, and their reasons for doing so. This infographic provides a snapshot of the research findings.