LexisNexis® Informed Quotes

Empowering more accurate decision making at point of quote, through high volume, real-time data enrichment

Find out how LexisNexis® Informed Quotes could help you

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What is LexisNexis® Informed Quotes?

LexisNexis® Informed Quotes acts as a single point of entry delivering high volume real-time
data enrichment at point-of-quote to help inform pricing and underwriting decisions, through
proprietary links established with all major software houses and many major brokers or via a direct API.

Increase pricing accuracy

Over 40 data sets available at
point-of-quote allowing pricing to
be more reflective of the risk

Reduce fraud risk

Understand fraud risk with
verification, validation and
scoring data sets available at
point-of-quote

Give a better customer experience

Access data enrichment for
accurate point-of-quote offers
to negate post sale checks, pricing
and terms adjustments

Quickly deploy enrichment strategies across all so#ware houses and platforms

Achieve consistent data
enrichment across all channels

Allows for quick implementation
of new datasets and products

Provides access to a range of
3rd party, hosted, contributory
and proprietary data

Access to a wide breadth of
datasets from public data
through to policy history
information, including NCD

Spans new business,
renewals and MTAs

In an important new development for the motor insurance market, LexisNexis® Risk Solutions in collaboration with Cazana, the vehicle data expert, has launched near real-time vehicle data such as valuation and insights related to MOT history into the quote and renewal process and are excited to have the first customer on-board.

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With the recent launch of Broker Intelligence from LexisNexis Risk Solutions we’ve demonstrated our ability to listen and respond to the needs of the broker market. We can now deliver to them streamlined access to a specially selected and powerful range of data attributes about an individual, at the point of quote or renewal.

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Remaining competitive and profitable when there are multiple disruptive factors requires a full understanding of the impact on the insurance business, and where you can apply advanced analytics techniques to realise a stronger competitive position, growth and profitability.

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