Harnessing consumer data in the motor insurance market

When it’s time to buy motor insurance, consumers are shopping around more than ever before. A 2018 survey of 1,500 consumers commissioned by LexisNexis Risk Solutions offered key insights on consumer behaviour for insurance providers seeking to identify, target and retain profitable customers.

Based on the results of LexisNexis Risk Solutions’ research, this infographic provides a snapshot of the key findings and the opportunities available for motor insurance providers to stand out from the pack.

Topics covered:
• Consumer attitudes towards pricing and renewals.
• Shopping behaviours.
• Opportunities for insurance providers.
• The importance of actionable data.