Commercial Property Insurance Archives

Five Benefits of Multi-sourced Predictive Modeling for Small Commercial Insurance Risk Rating

Written by: Sharon Maloney, Director, Commercial Insurance Solutions

In my previous blog post, I discussed the danger of defaulting to neutral risk rating. It’s no secret that effectively predicting risk in small commercial insurance can be complicated. Diverse business types, disparate funding sources, and getting...

Data Assets are Used Inconsistently in Small Commercial Insurance

Written by: Mathew Stordy, Senior Director, Commercial Insurance

This is the third in a series of blog posts looking at how U.S. commercial insurance professionals are responding to current and emerging market trends. Robust, accurate and easily accessible data is a crucial business asset that can help commercial...

Avoid Neutral Rating in Small Commercial Lines with Multi-Sourced Predictive Modeling

Written by: Sharon Maloney, Director, Commercial Insurance Solutions

To compete effectively in today’s highly fragmented small commercial insurance market, carriers must have robust, automated risk rating and scoring capabilities. Multi-sourced predictive modeling platforms can help you attract and retain the right ...

Four Things to Look For in a Data and Analytics Provider

Written by: Jeffery Batiste, Vice President of Client Engagement, Vertical Markets

We live in a data-driven world and the insurance sector is no exception. The quality of your data and analytics has real-life consequences for your business. There are many ways in which data and analytics can influence insurer business outcomes. Fo...

Vlog with Bill Madison: Living the Change for Insurance with IoT and the Connected World

Written by: LexisNexis Risk Solutions

In this video Bill Madison, CEO Insurance, LexisNexis Risk Solutions, takes a look into the connected world, to the Internet of Things (IoT), and why new types of data knowledge and data insight from smart devices are going to be so important for ins...

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