We hear a lot about active risk management programs in the insurance industry. But what exactly is it, and how can carriers leverage it? Active risk management helps carriers continuously assess their books of business for potential risks that may impact attrition and underwriting. In addition, it allows carriers to use that knowledge to proactively engage with their customers.
In the video below, Ian Griffin, Manager, Product Management Insurance, describes how an active risk management program can empower insurers with data so they can act more strategically.
To learn more about how LexisNexis Risk Solutions can empower an active risk management program, visit our website.