What’s in a Name? Harnessing the Power of Data Delivery for Commercial Insurance

For well over a decade, the use of data at point of quote, for risk-based decisioning in personal lines products has been essential to driving...

Data at Point of Contact to Bring Validation, Speed and Accuracy to Commercial SME Insurance

It’s estimated that up 30% of the information used for underwriting in the UK commercial SME sector is inaccurate, when looking at across at the...

COVID Shifts Home Insurance Risks and Tests Ability to Change

From hot-tub mishaps and bonfire disasters, the insurance market has been seeing a rise in some surprising types of claims, and a drop in others....

How Can Data Enrichment Change Strategy for an Insurance Broker Beyond Pricing?

Recently at LexisNexis Risk Solutions we’ve been expanding the number of our data connections between the software houses and the broker...

Data Holds the Solution to Post-Pandemic Risk and Financial Stresses

This article first appeared in Actuarial Post and is reproduced with consent. As the UK has emerged out of lockdown, insurance providers will not...