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LexisNexis Risk Solutions Solves for Customer Data Disconnects as LexID for Insurance Launches in U K Market

LexisNexis Risk Solutions Solves for Customer Data Disconnects as LexID for Insurance Launches in U.K. Market LONDON, Feb. 2, 2021 /PRNewswire/ Merger and acquisition activity i, high levels of switching and separated database infrastructures have made customer data management one of the insurance market s biggest challenges. At the same time, the FCA has issued a final report containing proposed remedies to address the need for insurance firms to provide fair value to their customers and greater pricing transparency to the FCA ii. Responding to these challenges, LexisNexis Risk Solutions, a leading provider of insurance data and analytics, can now help insurance providers create a cohesive single-customer view across underwriting, pricing, renewals and claims. LexID

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