InsureTech

LexisNexis Invests in Data Modelling Graduate Training Project

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, […]

Motor Insurance

Telematics Can Reduce Road Accidents, Says Latest LexisNexis Research

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, […]

Big Data

Software Suppliers: LexisNexis Launches New Data Analytics Tool

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 […]

Household Insurance

Broker News: LexisNexis Map View Gives You Realtime Risk Management

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 […]

Insurance claims

LexisNexis Survey Discovers Commercial Insurers Keen to Share Data

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 […]

Household Insurance

InsurTech: Pre-Filled Forms Can Save Time, And Bring In Extra Revenue

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 […]

Household Insurance

LexisNexis Launches Pre-Fill Quote Engine in Home Insurance Market

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, […]

Artificial Intelligence

80% of Younger Drivers Attempt Fronting to Obtain Cheaper Car Insurance

Analysis of quote information from over 80% of the motor insurance market by LexisNexis Risk Solutions has found that compared to any other age group, 17-20 year olds are nearly twice as likely to manipulate […]