The insurance submission process is characterized by incompatible systems, redundant and manual data entry, missing and/or inaccurate information, and a reliance on telephone, fax and email communications. All this adds up to inefficient processing. The LexisNexis® Insurance Exchange is a collaborative insurance placement platform designed to improve the flow of application data and documents between agents/brokers, wholesalers and carriers.
The LexisNexis Insurance Exchange platform:
- Allows agents to submit and track multiple risks with the click of a button
- Enables underwriters to receive more complete and accurate applications
- Facilitates collaboration between agents/brokers and underwriters
The LexisNexis Insurance Exchange streamlines a critical process for the industry and improves underwriting and loss experience. It will drive costs out of the industry and provide the industry with an advanced understanding of data around the insurance submission process.
Learn more about the features and benefits for carriers here.
Learn more about the features and benefits for agents & brokers here.
For more information, contact us today.
