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LexisNexis Risk Solutions announces the acquisition of the Sales Portal, from MarshBerry, an insurance consulting and M&A advisory firm. The portal is a sales management automation tool that will be offered by the LexisNexis Insurance Exchange.

The portal expands the functionality of a producer’s desktop and the propensity for new business production by automating three aspects of the sales process: lead management, pipeline management, and stewardship/service timelines. The insurance brokerages currently utilizing the sales portal write more than $1 billion in aggregate commission income.

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