covered | July 2022 | Products

LexisNexis® Risk Solutions offers deeper broker intelligence

For a deeper understanding of risk at point of quote

In today’s market, insurers are increasingly expecting brokers like you to conduct basic data enrichment for identity validation and NCD entitlement, while continued pressure on rates and margins means greater scrutiny on process inefficiencies from customer onboarding to distribution. What’s more, growing competition and changing customer behaviour are driving the need for brokers to offer a better consumer journey.

Broker Intelligence from LexisNexis® Risk Solutions helps solve this. It supports streamlining of the customer experience while still improving your risk assessment, increasing your pricing accuracy, and helping reduce cancellations to assist preferential rates discussions with insurer panel members.

Available on Open GI’s Core platform, and through a single point of entry via the LexisNexis® Informed Quotes platform, you can build a picture of an individual’s insurance background through a single connection. Watch the video to find out how you can offer your customers a streamlined onboarding process, a better customer journey, and an overall experience.

Streamline access to data

LexisNexis® Informed Quotes processes 220 million daily requests with an average 0.4 second response time, providing an unparalleled range of proprietary, contributory, and third-party data — so you can access the right data at the right time.

Integrate innovative solutions seamlessly

Broker Intelligence is available for new business quotes through Open GI’s Core platform. Access insights you might otherwise miss with Broker Intelligence and the Informed Quotes platform.

For more information on broker Intelligence

Go to Broker Intelligence website