Motor insurance providers urgently need to create greater clarity and trust around the use of accident and claims data in pricing motor insurance policies. After conducting a study of 1500 UK motorists regarding claims reporting, […]
Data is black gold, not oil. The modern insurance industry relies on ever-increasing amounts of data being harvested, analysed and extrapolated into tables that enable risks to be balanced against premium income. That sounds easy, […]
New analysis of the latest UK road casualty statistics by LexisNexis Risk Solutions has begun to uncover compelling evidence that telematics insurance has played a role in cutting claims costs for insurers amongst the youngest, […]
LexisNexis®, a leading provider of information and analytics, has launched Nexis® Data as a Service (DaaS) to help companies power predictive analytics, machine learning and data initiatives to answer business-critical questions. Big data technologies are […]
Today your Insurance Editor had an education in how powerful data analytics truly is in the modern digital era. People talk about transformation in the UK insurance sector but it isn’t until you see a […]
A new research study of commercial property insurance providers by LexisNexis Risk Solutions has identified a clear appetite for a centralised data exchange comprising property information, policy history and past property claims data from across the […]
One of the most frustrating things about shopping online for insurance is filling in forms and answering a seemingly endless list of questions. Things like site navigation, page load-up speed and other factors can also […]
One of the big problems in home insurance is the amount of data that customers have to input online, just to obtain a quote. Often, when trying to compare one broker, or insurer with another, […]
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