Chief Executive Officer, Insurance
Bill Madison is chief executive officer of the Insurance business unit of LexisNexis Risk Solutions. Madison is responsible for all auto, home, life and commercial insurance business including solutions for underwriting, claims, and analytics, for the U.S. and international markets.
Madison has played a key role in the integration of data services into multiple channels and in transforming LexisNexis Risk Solutions from being a data provider in insurance to providing a holistic approach to risk analysis, underwriting, and claims processing that includes process enhancement. These innovative solutions have helped insurance carriers achieve significant improvements in performance.
Madison joined the organization in 1989 as part of the Equifax acquisition of Innovative Research Inc., where he was a member of the leadership team which developed several products that revolutionized auto insurance underwriting. When the company’s insurance services team was spun off from Equifax to create ChoicePoint, he was instrumental in transitioning the organization into a standalone unit.
Madison earned his bachelor's degree in business administration and economics from Bridgewater College in Bridgewater, Va.