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What is LexisNexis Attract?

LexisNexis® Attract™ scores provide insurance companies with the ability to effectively and accurately classify policyholders and applicants according to their risk profiles, thereby improving underwriting procedures. The launch of Attract™ 5.0 equips these insurers with the most sophisticated predictive models available today. For more than two decades, LexisNexis Risk Solutions has played a pivotal role in enhancing rating, pricing, and underwriting strategies throughout the insurance industry. These advancements cover various sectors, including home, auto, and commercial insurance. The Attract™ score suite is designed on the foundation of exceptional loss prediction, compliance with industry regulations, and seamless integration, all focused on improving business results. With the introduction of Attract™ 5.0, insurance providers can further utilize consumer credit data, which ultimately increases the efficiency and accuracy of their underwriting practices. This latest development signifies a major leap forward in the insurance sector's capability to evaluate risk with unparalleled precision and reliability. As the industry evolves, the importance of data-driven insights like those provided by Attract™ becomes increasingly critical for informed decision-making.

What is Insurance Data Network?

The Insurance Data Network (IDN) introduces a revolutionary method for data exchange among insurance companies, delivering immediate insights that greatly enhance fraud detection and risk management during the claims process, resulting in improved operational efficiency and reduced financial losses. By increasing transparency among various insurance providers, the IDN enables insurers to recognize patterns and trends related to fraudulent behavior and claims, which in turn supports more informed decision-making and effective risk mitigation strategies. Employing advanced AI-driven data mapping and entity resolution methods, the IDN generates accurate, actionable insights that are easily integrated into insurers' workflows. This platform automates the transformation of raw data into practical intelligence, eliminating the need for manual data processing and streamlining the decision-making process. Furthermore, IDN emphasizes the importance of data ownership and control for both insurers and their clients, ensuring clarity regarding data usage. By fostering a cooperative atmosphere, this innovative platform not only enhances operational capabilities but also equips insurers with the tools necessary to more effectively combat fraud and improve overall industry standards. Ultimately, the IDN represents a transformative step forward in how the insurance sector approaches data sharing and risk management.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

LexisNexis

Date Founded

1970

Company Location

United States

Company Website

risk.lexisnexis.com/products/attract

Company Facts

Organization Name

Shift Technology

Date Founded

2013

Company Location

France

Company Website

www.shift-technology.com/solutions/insurance-data-network

Categories and Features

Insurance Agency

Claims Management
Commission Management
Contact Management
Document Management
Insurance Rating
Life & Health
Policy Management
Property & Casualty
Quote Management

Categories and Features

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