Pricing
228 whitepapers and resources
Pricing
Looking across at US and UK insurance evolution: The data differences and similarities
In this blog, Jeffrey Skelton, Managing Director, Insurance, UK & Ireland, LexisNexis Risk Solutions, sheds light on the differences between the UK and US insurance markets. Download this blog to find out what best practices can be shared in terms of risk management, data usage and pricing.
Resetting, refreshing and reimagining the actuarial function
This whitepaper focuses on the lessons learned during the coronavirus pandemic and how the actuarial function at life insurance firms might best evolve for effectiveness in a post Covid-19 world.
Commercial underwriting: Do you really know your customer?
The long-term success of an insurance company depends on a great many factors and one of the most important factors is ‘selection at the gate’. This e-book deals with the question of how automated risk assessment can play an important role in the commercial risk underwriting process.
Growth drivers and challenges of pet insurance
The UK pet insurance market represents significant growth opportunities for insurers equipped with the right tools available to enhance customer insights, improve operational efficiencies and detect fraud. This content focuses on how pet insurers and new entrants can achieve profitable growth.
LexisNexis Vehicle Build service to give UK insurance providers vehicle safety data insights
Motor insurance providers across the UK can now start testing LexisNexis® Vehicle Build, a new solution to better evaluate specific Advanced Driver Assistance Systems (ADAS) to support pricing and underwriting. Download this blog to find out more.
Understand the named driver insurance risk: Here are some of the risk predictors
To determine if additional information about named drivers would truly help with differentiating the risk of a motor insurance policy, LexisNexis Risk Solutions analysed policies with named drivers present. This blog highlights some of the risk predictors for named driver insurance.
Counting the cost of cancellations: The power of data in predicting insurance cancellations
Based on research conducted by LexisNexis Risk Solutions, this blog highlights the impact of insurance policy cancellations, factors which increase the probability of future cancellations and how insurers can leverage cancellations data to make price adjustments to mitigate the risk and costs.
SMEs and cyber risk - a ticking time bomb
Based on insights from Post’s SME Insurance Risk Survey, this article sheds light on why the take-up of cyber insurance among SMEs is so low, the perils of underinsurance and the biggest concerns among SMEs that might encourage them to increase their cyber cover through brokers or insurers.
Where do the biggest opportunities lie for brokers and insurers in the SME market?
Based on the findings of a recent SME Insurance Risk Survey, this report focuses on how insurers and brokers can attract and retain small to medium-sized enterprise clients, the importance of new technologies, the opportunities within the market and the emergence of new risks such as cyber.
In-depth - commercial: The property pressure cooker
Commercial property is facing hikes in premiums as insurers take a tough line on claims, whilst capacity is also reducing. Insurance Age’s article looks at the factors driving claims pressure and the steps brokers can take to weather the hardening market.