LexisNexis® Property Insights
Integrate more accurate, valuable property information directly into your existing workflow, helping to improve risk assessment
Property data to help improve your profitability
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.
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Assess risk more accuratelySpeed up the quote process for customers, cut dropout rates and improve rating inputs |
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Price more accuratelyMore accurate risk assessments drive the ability for superior customer segmentation, allowing you to price with increased granularity to profitably grow your portfolio |
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Improved customer journeyAggregating 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 |
How does Property Insights work?
Flexible delivery directly into your application, pricing and underwriting workflows
Provides a wide-ranging choice of property attributes to suit your needs
Underinsurance, when your insurance cover or sum insured is less than the value at risk, has been put under the spotlight during the pandemic
In a fire, we know that every minute makes a difference when it comes to saving lives, and that no one can put a price on an injury.
Over a year ago at out Customer Advisory Meeting 2020 I asked our clients to partner with us on what was effectively an adventure really, an exploration with data.
Find out how Property Insights could help you
Yes, I'd like to learn more about Property Insights
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