Filed Under:Carrier Innovations, Technology Solutions

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

Featured Video

Most Recent Videos

Video Library ››

Top Story

Future is bright for renewable energy market

A buyers’ market for coverage and strong growth in renewable energy, particularly in solar and wind power, provides opportunity for agents and brokers looking to grow their book.

Top Story

7 steps for keeping business after your contact leaves

No matter how well your producers get along with their customers, there are no guarantees that the customers will renew each year.

More Resources

Comments

eNewsletter Sign Up

Carrier Innovations eNewsletter

Critical news on the latest tech solutions, information security, analytics and data tools and regulatory changes to help decision-makers at insurance carriers keep their business thriving – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.