LexisNexis® Risk Solutions Launches Global Insurance Alliance Program Bringing Hundreds of Insurers and Vendors Together to Drive Transformation - Insurance News | InsuranceNewsNet

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September 20, 2018 Newswires
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LexisNexis® Risk Solutions Launches Global Insurance Alliance Program Bringing Hundreds of Insurers and Vendors Together to Drive Transformation

Insurance Weekly News

By a News Reporter-Staff News Editor at Insurance Weekly News -- LexisNexis Risk Solutions announced the launch of its LexisNexis Global Insurance Alliance program. Insurers can integrate with more than 125 alliance program members to access LexisNexis policy and claims solutions that leverage the industry's most comprehensive data repository, a proprietary method of linking and clustering data, and the processing speed of the LexisNexis HPCC Systems big data computing platform. These prebuilt technology integrations will accelerate time to market for insurance carriers by delivering advanced analytics and new innovations through a scalable platform.

"The insurance industry has steadily moved toward prebuilt solutions that use a Software as a Service architecture, and the LexisNexis Risk Solutions platform is designed for this type of delivery model," said Drew Whitmore, Senior Director of Global Alliances at LexisNexis Risk Solutions. "For the past two decades we have been working with various organizations to bring our data analytics products to our mutual insurance customers, but have now created more structure and a formal program. With this launch, our goal is to make insurers aware of the many relationships we have in place so that they can easily tap into them. We also want to help insurers get their products to market faster, which helps them stay competitive."

Keywords for this news article include: Business, LexisNexis Risk Solutions.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2018, NewsRx LLC

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