LexisNexis Risk Solutions announces it will integrate the LexisNexis Insurance Exchange into its commercial insurance business. The combined organization will develop commercial insurance solutions, utilizing data, analytics, and commercial workflow processes, to create more effective and efficient commercial processes for the insurance commercial industry.
"Together, LexisNexis can deliver a more holistic commercial offering to the market that addresses the industry's needs to write better risks and improve ease of doing business," says Bill Madison, CEO, insurance, LexisNexis. "Through this effort, LexisNexis demonstrates its commitment to improve workflows, deliver actionable insights, and provide a more seamless, engaging customer experience for insurers, brokers and their business customers."
As part of the integration with the commercial insurance business, the Insurance Exchange will be led by Ernie Feirer, vice president, commercial insurance.
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