LexisNexis Announces New Technology Platform For Policy, Claims, Billing and Reinsurance Data

LexisNexis Risk Solutions announced the availability of LexisNexis Insurance Enterprise View, a new modular solution that integrates data from multiple sources to drive decision-making by insurance companies. The platform serves as a single, reconciled data source for billing, policy, claims and reinsurance systems.

Throughout the insurance industry, companies are facing rising costs associated with aging legacy systems that are expensive to maintain and often unable to effectively merge data from different sources. Insurers are taking a more aggressive approach to replace older systems with solutions that reconcile data across platforms and speed up time-to-market for new products and services.

LexisNexis Insurance Enterprise View offers balancing, reconciliation, and error report features. The solution is designed to streamline reporting to statistical bureaus, helps insurers comply with evolving audit requirements, and gives insurers secure online access to valuable information and analytics.

“Insurance Enterprise View enables insurance carriers to use IT to promote business growth and transformation, providing a way forward from legacy systems,” sa Jeffrey Glazer, CEO Insurance, LexisNexis Risk Solutions. “LexisNexis Insurance Enterprise View achieves this by giving carriers a unified view of data from disparate systems across the enterprise.”

LexisNexis designed Insurance Enterprise View so that it can be implemented in phases. The solution can be tailored to the requirements of each enterprise, with the ability to adapt as specific business situations evolve. Additional benefits include the merging of back-office systems and reduced reliance on hard-to-find resources necessary for maintaining legacy systems.

For more information visit http://www.lexisnexis.com/insurancesoftware

Comments

Resource Center

View All »

Complimentary Case Study: Helping achieve your financial goals By:...

Find out how a Special Investigation Union used TLOxp to save the company money and...

Do Your Clients Hold The Right CDL License?

Learn about the various classes of CDL Licenses and the industries that are impacted by...

Integrated Content & Communications: A Key Business Issue For Insurers

Insurers are renewing their focus on top line growth, and many are learning that growth...

High Risk Insurance Coverage in the E&S Market

Experts discuss market conditions, trends and projected growth in a rapidly changing niche.

Top E-Signature Security Requirements

This white paper covers the most important security features to look for when evaluating e-signatures...

EPLI Programs Crafted Just For Your Clients

Bring us your restaurant clients, associations and other groups and we’ll help you win more...

Is It Time To Step Up And Own An Agency?

Download this eBook for insight on how to determine if owning an agency is right...

Claims - The Good The Bad And The Ugly

Fraudulent claims cost the industry and the public thousands of dollars in losses. This article...

Leveraging BI for Improved Claims Performance and Results

If claims organizations do not avail themselves of the latest business intelligence (BI) tools, they...

Top 10 Legal Requirements for E-Signatures in Insurance

Want to make sure you’ve covered all your bases when adopting e-signatures? Learn how to...

Tech Digest eNewsletter

Technology related insights for insurance professionals including key developments, solution providers and news briefs from the carrier front – FREE. Sign Up Now!

Advertisement. Closing in 15 seconds.