Technology Trends
1520 whitepapers and resources
Technology Trends
What makes usage-based insurance possible?
Usage-based insurance means ‘pay-how-you-drive’ and provides a way for motor insurance companies to set premiums based on individual driving habits. This blog provides a brief overview of technology adoption within Australia’s motor insurance market and what makes usage-based insurance possible.
How can insurers leverage new technologies to level up with customer expectations and future-proof the industry?
Whether it is buying/renewing motor cover or watching the latest eight-part blockbuster drama, as far as consumers are concerned the journey should not be too dissimilar. In this webinar, an expert panel discuss how insurers can harness new technologies to level up and satisfy clients.
Buy vs build - Improving speed to market in the insurance industry
Is it better for insurance companies to build core systems software in-house or buy out-of-the-box solutions from a vendor? This whitepaper sheds light on the pros and cons of each approach, the emergence of SaaS, and how a hybrid approach offers insurers the best of both worlds.
Motor insurance fraud roundtable: Data and diligence, how can insurers combat any increase in criminal activity?
Insurance Post, in association with LexisNexis Risk Solutions, gathered experts together to discuss how issues such as ghost broking, the current limitations of benchmarking and fraud detection are pertinent to rooting out motor insurance fraud. This content provides a summary of the discussion.
Orchestrating innovation
The convergence of cloud, open APIs, and digital has opened the door to the next wave of innovation in P&C insurance. This blog focuses on how the orchestration of customer and employee experiences across an ecosystem of solution partners is reshaping the world of insurance.
Vlog: Advice on building a career in data science
What's it like to work in the field of data science? In this vlog, Alan O’Loughlin, data analytics leader for international markets at LexisNexis Risk Solutions describes a typical day in the life of a data scientist and provides practical advice on building a career in data science.
Everest Group enterprise intelligent automation adoption maturity report
This fully comprehensive study of enterprise intelligent automation adoption maturity from respected research firm Everest Group offers actionable insights for intelligent automation strategy and implementation.
Social inflation: Why insurers are losing the analytics race
“Social inflation” is responsible for driving up the cost of claims across a range of lines, ultimately affecting insurers’ profitability. This blog sheds light on what social inflation is and why it’s a growing problem today for insurers.
Insurance claims experience a major factor in loyalty
A large number of policyholders in our LexisNexis Risk Solutions research continue to express cynicism or dissatisfaction with the insurance claims process. This blog highlights some of the key findings including the relationship between insurance claims experience and loyalty.
New data to deal with fire tipping points for better insurance risk classification
For property fire risks we can establish fairly accurate tipping points, which allow the insurance industry to calculate risks, and the ensuing cost of claims, with greater precision. This blog focuses on new data to deal with fire tipping points for better insurance risk classification.