LexisNexis

LexisNexis® Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions, benefitting people around the globe.

Meet the Partner

With over 40 years of expertise, LexisNexis® Risk Solutions is the trusted data analytics provider for organisations seeking actionable insights to manage risks and improve results while upholding the highest standards for security and privacy. It serves customers in more than 100 countries and is part of RELX Group plc, a world-leading provider of information and analytics for professional and business customers.

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 both at POQ for automated underwriting and through manual visualisation.

How they can help you

Through the Map View platform, insurance providers can access an unparalleled breadth of data, including the widest choice of perils information in the market including OS Mastermap Topography Layer, AddressBase Core, AddressBase Premium, OS Terrain 50, Points of Interest.

LexisNexis Map View is the leading provider of location and risk intelligence solutions to the Property Insurance industry. An underwriting and exposure management software platform — delivered as a SaaS model — to the global property insurance market. Empowering customers with critical tools and insight to increase underwriting profitability, maximise business growth, and realise cost savings through reduced claims and reinsurance costs.

LexisNexis® Map View is designed for all property insurance providers from across the general insurance market – specialising in Peril Risk Assessment; Exposure Management; and Data Enrichment.

LexisNexis works with Property Insurance Providers of all sizes. Costs for OS solutions can range from a few hundred to hundreds of thousands per year.

Impact

LexisNexis® Map View enables property insurance providers to aggregate scoring data from multiple sources, allowing them to make more informed underwriting decisions and to better manage their risk and exposure. It allows providers to visualise a variety of perils and accumulations, while providing the insight to control and manage portfolio risk and exposure.

LexisNexis® Map View helped clients reduce underwriting referrals by up to 70%, reduce their flood exposure by up to 50% and help reduce their reinsurance costs by up to 0.8%