At LexisNexis Risk Solutions we don’t have a mission statement or a vision statement but rather we have a purpose, which is, “we are innovators, we are passionate about challenging the status quo and improving outcomes.” These three components keep us on a constant path to innovation, developing technology, for pulling intelligence out of data. As a team we build success out of this common purpose.
Our Insurance CEO Bill Madison is a big advocate of purpose-driven leadership and he has talked about this in several media articles, such as this one in CEO Today. Purpose-driven, people-focused leadership drives performance and profitability. It’s about putting the customer at the centre of everything you do. Listen. Learn. Grow together. Leadership is about service, sacrifice, humility, taking care of people and helping them realise their full potential.
For our insurance and automotive customers out there in the market, what this means for us is understanding their pain points, and understanding what can be utilized to create a better experience for the end-consumer. For vehicle makers and insurers right now, with the Internet of Things, telematics, and connected devices there are some uncertainties that transcend the traditional issues these two great industries have faced in the past. Businesses are having to plan for the fundamental transformation that is forming.
Listen to Bill Madison as he describes what we have coming next. He talks about the power of the platform, the contributory data repository, and how we help to bring data assets to the forefront of every touchpoint in the connected world.
LexisNexis Risk Solutions, a unit of RELX Group, is a global data technology and advanced analytics leader, with customers in over 100 countries worldwide.
Follow these links for information on our Connected Car Team, the Global Telematics Platform or the LexisNexis Risk Solutions website for US insurance or UK insurance or India insurance to find out more.