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What is LexisNexis Business Data Enrichment Suite?

Fostering existing business connections is vital for effective risk management strategies. The LexisNexis® Business Data Enrichment Suite simplifies this task with remarkable efficiency. By utilizing a vast database filled with current information alongside sophisticated analytics, you can quickly upgrade customer profiles, close informational gaps, and stay updated on any shifts that could alter your risk environment. Furthermore, this suite proves to be an indispensable tool for uncovering the best methods to tailor your products and services to meet customer needs. Tailored batch packs are offered to pinpoint and define the details of important business figures, such as executives, owners, and representatives, while also delivering critical company data like address, phone number, and estimated size, which aids in calculating annual revenue and employee counts. You can easily organize and classify your clients using SIC and NAICS codes, which helps reduce risk exposure, enhances regulatory compliance, and upholds internal policies. This all-encompassing strategy not only improves risk management but also cultivates more robust relationships with your clients, which is essential for long-term business success and stability. By investing in such tools, organizations can position themselves for proactive decision-making and sustained growth in their respective markets.

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.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

LexisNexis Risk Solutions

Company Location

United States

Company Website

risk.lexisnexis.com/products/business-data-enrichment-suite

Company Facts

Organization Name

LexisNexis

Date Founded

1970

Company Location

United States

Company Website

risk.lexisnexis.com/products/attract

Categories and Features

Data Enrichment

Not specified

Categories and Features

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