BIBA 2026: LexisNexis Risk Solutions Will Showcase New Innovations

Yes BIBA 2026 is almost here, which means many brands will be showcasing their latest innovations and products. Here’s the word from LexisNexis Risk Solutions;

Broker retention and win rates in the personal lines motor market improved during 2025, according to new analysis by LexisNexis® Risk Solutions, the data, advanced analytics and technology provider to the insurance market, signalling renewed momentum for the broker channel. As the industry prepares for the BIBA Conference 2026 under the theme ‘Time: To’, LexisNexis Risk Solutions will showcase new innovations in vehicle and property data designed to help brokers differentiate and sustain performance in a softening market.

In 2024, brokers lost around 234,000 more policies than they won from insurers, according to policy analysis by LexisNexis Risk Solutions. Significant improvement occurred in 2025, and brokers ended the year with a net gain of approximately 16,000 policies.

Dan Cicchetti, senior director of insurance client engagement, U.K. and Ireland, at LexisNexis Risk Solutions, said: “With retention already improving, the opportunity now is to drive stronger performance by applying data insights more consistently and personally. Our message to brokers at BIBA 2026 is simple: it’s time to differentiate with data.

“To compete more effectively, brokers need a clearer, more detailed view of risk, utilising their unique previous customer experiences – delivered quickly and efficiently to leverage the agility advantage brokers can have. At BIBA 2026, we will demonstrate how our latest data insights help brokers build a fuller picture of each client, reduce referrals and make faster, more confident decisions on pricing and cover.”

New data insights for improved broker visibility of risk

At BIBA 2026, LexisNexis Risk Solutions will highlight two new developments aimed at improving broker visibility of risk:

· Thatcham Vehicle Risk Rating (VRR) – For the first time, brokers can access Thatcham Vehicle Risk Rating data directly through LexisNexis Risk Solutions for use at point of quote.

The rating framework combines five interconnected assessments to deliver a comprehensive view of a vehicle’s risk profile. When brokers can see these ratings, they can better explain premiums to customers and recommend suitable policies. This improves transparency and consistency across the market, helps brokers place business more efficiently and supports fairer pricing for motorists. · LexisNexis® Geospatial Risks – New Flood Risk Insights – Following the warmest year on record in the U.K. and one of the wettest starts to 2026ii, property-level flood analysis is becoming increasingly important for accurate risk evaluation.

LexisNexis Risk Solutions geospatial property analysis shows that when flood risk is assessed at individual property level rather than postcode level, only around one third of properties in high flood-risk postcodes are actually at high risk. In fact, a greater proportion of properties (37%) show no flood risk at all, compared with 34% classified as high risk.

Address-level geospatial intelligence will be on display, with LexisNexis Risk Solutions showcasing how it can help brokers assess property risk more accurately and support better underwriting outcomes to benefit their customers.

Dan Cicchetti continues: “These innovations build on the continued investment by LexisNexis Risk Solutions in the broker market, including solutions such as Broker Intelligence and LexisNexis Geospatial Risks. Together, they help brokers better understand customer risk, improve efficiency and stand out as a trusted advisor in an increasingly competitive market. We look forward to meeting the market once again at the BIBA Conference.”