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LexisNexis® Map View allows property insurance providers to more accurately assess and price perils risk, and gain a full understanding of exposure through accumulation analysis and visualisation.
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More Accurate Risk Assessments
Decision-Making
Aggregating key risk data at the point of sale and point of quote allows you to make more accurate risk assessments at the
individual property level.
Precision Pricing
Precise geocoding enables you to more accurately assess the risk, allowing for more fairer pricing.
Greater Visualisation and Granularity
Mapping and visualisation of the property location alongside other policy risk locations, prior claims and quote information
empowers you to truly understand perils exposure across your book of business.
More Accurate Risk Assessments
Decision-Making
Aggregating key risk data at the point of sale and
point of quote allows you to make more accurate
risk assessments at the
individual property level.
Precision Pricing
Precise geocoding enables you to more accurately
assess the risk, allowing for more fairer pricing.
Greater Visualisation and
Granularity
Mapping and visualisation of the property location
alongside other policy risk locations, prior
claims
and quote information
empowers you
to truly
understand perils exposure across
your book
of business.
Increase Visibility into Overall Exposure
Better understand your exposure hotspots both from an accumulations and perils standpoint and optimise the risk profile of your
entire portfolio.
Improve Accumulations Management
Gain visibility into where you have an over or under concentration of policies, allowing you to take the appropriate action to manage your business and ensure profitable underwriting, while also helping reducing your reinsurance costs.
Standardise Underwriting Best Practices
Achieve underwriting consistency company and channel-wide with a standardised approach to risk selection and underwriting.
Increase Visibility into Overall
Exposure
Better understand your exposure hotspots both
from an accumulations and perils standpoint and
optimise the risk profile of your
entire portfolio.
Improve Accumulations
Management
Gain visibility into where you have an over or
under concentration of policies, allowing you to
take the appropriate action to
manage your
business and ensure profitable underwriting,
while also helping reducing your reinsurance costs.
Standardise Underwriting Best
Practices
Achieve underwriting consistency company and
channel-wide with a standardised approach to
risk selection and underwriting.
How can the key features of Map View help your business?
Unparalleled Breadth of Data
Gain access to the widest choice of perils scores on the market
including LexisNexis proprietary crime and arson scores
Automate Manual Processes
Our sophisticated rules-based fire accumulation analysis,
enables automation of the process of assessing fire exposure
Increased Visibility of Risk
More accurately assess risk through real-time visibility into
accumulations and exposure to perils
Understand Exposure to Loss
Quickly identify customers which were impacted by an
event and rapidly assess exposure and maximum loss
Unparalleled Breadth of Data
Gain access to the widest choice of perils scores
on the market including LexisNexis proprietary
crime and arson scores
Automate Manual Processes
Our sophisticated rules-based fire accumulation
analysis, enables automation of the process of
assessing fire exposure
Increased Visibility of Risk
More accurately assess risk through real-time
visibility into accumulations and exposure to perils
Understand Exposure to Loss
Quickly identify customers which were impacted
by an event and rapidly assess exposure
and maximum loss
Map View Features
Learn more about the features that allow you to more accurately assess and price perils risk and gain a full understanding of exposure through accumulation analysis and visualisation
Learn about the differing opinions among commercial property insurance providers towards the actual and potential value that digital technology and data enrichment in particular could deliver to their business.
Learn about the dividing opinion amongst commercial property insurance providers regarding the actual and potential value of digitisation and data enrichment.
LexisNexis Risk Solutions UK Limited and our group companies may email you updates about our products, services, events and the latest industry insights. You can always opt-out from receiving such messages as set out in our privacy policy.