Insurance Insights - Big Data and Analytics

Contributory Databases: Shared Data Can Be Your Competitive Advantage

Written by: LexisNexis Risk Solutions

A contributory database is a collection of data provided by market members that is normalized, standardized, aggregated and linked. With it, participating carriers can: Drive revenue growth and profitability through access to earlier and more in...

Smart Home Data – and a Little Courage – Could Usher in Home Usage-Based Insurance

Written by: Dan Davis, Director, IoT & Emerging Markets, LexisNexis Risk Solutions

Is there a place for usage-based insurance (UBI) in the home insurance industry? UBI has become a hot topic during our current “situation” (as we call it in my own house). Social distancing practices and stay-at-home orders are keeping people ho...

Why Cybersecurity is More Important Than Ever Before

Written by: Jena Kennedy, Director of Strategy, Life Insurance

Like so many other businesses today, life carriers are increasing their focus on Identity Access Management (IAM) to help ensure that they are keeping cybercriminals at bay. And doing so has never been more important. Why? Because more and more, ins...

Contributory Data Connects Foreign and U.S. Driver’s Licenses for a More Complete Picture of Risk

Written by: Steve Gillard, C.L.U.E. Product Principal, Insurance

Obtaining an accurate picture of an applicant’s driving history is an important component in writing profitable business. But we live in a global world, where people frequently travel―and emigrate―from one country to another. This behavior has...

Behavior Analytics to Detect Identity Fraud in Insurance

Written by: Proma Ray, Senior Product Manager, Identity Access Management

Identity theft has been with us for years, but now more than ever, it’s critical that insurers protect their businesses against cybercriminals. Today the insurance industry faces challenges related to identity theft like never before. The overall ...

Pages: 1 2 3 4 5 6 7 ... 14 15