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LexisNexis Risk Solutions

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Are you leveraging IoT data?

March 23, 2018 by Jason Contant

Insurers may recognize the importance of collecting and mining data, but a recent U.S. study shows few currently have an IoT strategy, are collecting IoT data, or have dedicated resources. LexisNexis Risk Solutions released a white paper Tuesday entitled, Are

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Cross-industry fraud increasing: LexisNexis Risk Solutions study

October 19, 2017 by Canadian Underwriter

Today’s criminals are more sophisticated than ever, as cross-industry fraud is occurring in 84% of polled cases, a new survey of fraud mitigation professionals has found. The third annual LexisNexis Fraud Mitigation Study surveyed 800 fraud mitigation professionals from the

News InsuranceMergers and AqcuisitionsTechnology

LexisNexis Risk Solutions explores roadmap to “touchless” claims

March 22, 2017 by Canadian Underwriter

While some insurance carriers continue to favour traditional claims processes, the demand for faster cycle times, reduced expenses and improved customer satisfaction is driving increased automation and an eventual migration from virtual to “touchless claims,” according to a new report

News InsuranceMergers and AqcuisitionsTechnology

LexisNexis Risk Solutions brings advanced analytics to U.S. telematics programs

January 24, 2017 by Canadian Underwriter

LexisNexis Risk Solutions has advanced its proprietary technology for insurance telematics programs in the U.S. to ensure the policyholder and driver are the same, contributing to a true picture of driver behaviour and improving consumer experience. “Up until now, U.S.

News CatastrophesInsuranceMergers and Aqcuisitions

U.S. homeowner claims decreasing, loss costs on the decline, LexisNexis Risk Solutions study finds

October 27, 2016 by Canadian Underwriter

Homeowner claims in the United States continue to decrease and loss costs are flat or on the decline, according to a new report from LexisNexis Risk Solutions. 2016 LexisNexis Home Trends Report, the inaugural study of home insurance trends released

News InsuranceMergers and AqcuisitionsTechnology

Adaptation key for insurance industry to remain relevant in a driverless world: LexisNexis

August 30, 2016 by Canadian Underwriter

The insurance industry will face some real challenges as driverless cars further develop, with just 26% of polled individuals in the United Kingdom expecting to be served by the industry as it stands today if they owned a driverless car.

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Gap exists between opportunity, willingness to take part in usage-based insurance programs in U.S.: LexisNexis

August 25, 2016 by Canadian Underwriter

There is an apparent gap between polled U.S. drivers who are open to taking part in usage-based insurance (UBI) and those who are provided the opportunity to do so, suggest survey results released today by LexisNexis Risk Solutions. That disconnect

News InsuranceMergers and AqcuisitionsTechnology

Insurers should offer lower premiums to motorists who don’t use mobile phones while driving, U.K. survey finds

July 20, 2016 by Canadian Underwriter

Six in ten motor insurance policyholders in the United Kingdom say that avoiding any type of mobile phone use should be a top factor used by insurers in offering lower premiums, according to a new survey. The survey of 1,314

Feature CatastrophesClimate ChangeInsurance

Prepare for Anything

April 1, 2016 Greg Meckbach, Associate Editor and Jason Contant, Online Editor

Canadians are well-aware of events that can produce insured losses, including storms and cold weather. But the possible influence of other less-familiar perils, like earthquakes and cyber cats, should also be on the radar.