LexisNexis® Property Insights is one of the industry’s first property data enrichment solutions, to be delivered directly into insurance providers’ work streams at point of quote.
Property Insights leverages extensive property datasets to support more accurate pricing and help reduce loss ratios through a more granular assessment of the property risk, during the insurance application process. Property Insights can also help with the verification of consumer-supplied data at quote, allowing for a more streamlined customer experience and improved segmentation of risk.
Assess risk more accurately
Speed up the quote process for customers, cut dropout rates and improve rating inputs
Price more accurately
More accurate risk assessments drive the ability for superior customer segmentation, allowing you to price with increased granularity to profitably grow your portfolio
Improved customer journey
Aggregating property attribute data available at point of contact or point of quote, facilitates a more holistic understanding of the risk by focusing on the individual property itself
Help reduce the time it takes to complete a home insurance application.
Insurance Risk Visualisation That Drives More Accurate Risk Assessments
A data resource that looks wider and deeper to provide you with a comprehensive view of policy risk
Connect and link consumer identity data across the enterprise. Build a single, comprehensive view of your customer.