LexisNexis Risk Solutions

LexisNexis Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses reduce risk and improve decisions to benefit people around the globe.
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LexisNexis® Risk Solutions provides information that helps customers predict, assess, and manage risk. Their insurance solutions assist with automating and improving performance of critical workflow processes, reducing expenses, improving service, and positioning customers for growth. LexisNexis® Risk Solutions is an integral component of the Duck Creek Suite.

LexisNexis® is a partner in the Duck Creek OnDemand Vendor Ecosystem. A number of LexisNexis® solutions have been pre-integrated with Duck Creek Policy and Claims in our OnDemand offering, including LexisNexis® C.L.U.E.® Auto and LexisNexis® C.L.U.E.® Property, Motor Vehicle Records (MVR), National Credit File (NCF), Police Records, LexisNexis® Auto Data Prefill, and LexisNexis® Claims Datafill.

Other highlights:

Duck Creek clients implementing LexisNexis® solutions can find several LexisNexis® accelerators in the Duck Creek Content Exchange, including Claims Datafill, LexisNexis® Active Insights, C.L.U.E.® Auto, and Motor Vehicle Records (MVR) for Duck Creek Policy. These accelerators are designed to help a carrier or SI complete their integration faster and more efficiently.

Find Anywhere Managed Integrations and Anywhere Enabled Integrations for C.L.U.E., MVR, and others in our Content Exchange.

Advantages

Constantly gathers and manages data from 10,000+ reliable sources

Links events that are of interest to carriers to customer policies based on carrier parameters

Offers deep actuarial insights by leveraging analytics based on industry-wide data or data customized to a carrier’s book of business

Features

Active risk management, leveraging data technology to monitor, detect and predict changes in life circumstances that will likely impact customers’ coverage needs

Analytical and modeling tools to evaluate and validate the effectiveness of customer strategies while identifying market opportunities

Advanced risk segmentation by peril, designed to reduce expenses and identify new areas for profitable business growth

Expertise

LexisNexis® provides risk assessment and streamlines underwriting in 99% of all U.S. auto insurance claims and more than 90% of all homeowner claims

LexisNexis® C.L.U.E.® Auto, the industry-standard loss underwriting database for the U.S. auto insurance market, represents a 99.6% industry contribution

70% of local governments and almost 80% of federal agencies rely on LexisNexis®