Two-thirds of home insurance consumers think it is somewhat, or completely acceptable to manipulate the information they provide to price comparison sites to keep prices down. This blog highlights how access to contributory claims data could help home insurers tackle opportunistic claims fraud.
Home insurance claims may be infrequent but the claims experience offers a good opportunity to build brand affinity with an insurance provider, especially with homeowners. This blog sheds light on the key differences between renters and homeowners in relation to home insurance trends.
Post, in association with LexisNexis Risk Solutions, recently gathered experts together to discuss why consumers might be motivated to commit household fraud. This article provides a summary of the discussion and highlights how insurers can tackle this issue.
Why insurers and their supply chains must work together to successfully protect homes from the devastating impacts of flooding
To successfully protect homes from the devastating impacts of flooding and help mitigate its financial consequences, insurers and their supply chains must work together. This content highlights why the Build Back Better agenda demands improved supply chain co-ordination and cost control.
Today, insurers have access to the most personalised information ever available about customer behaviour. This blog highlights how telematics can be used within motor and property insurance to determine risk, improve pricing and deliver optimal customer experiences.
Since the beginning of the pandemic, the insurance industry has had to grapple with disruption as risk profiles were completely tipped on their heads. This blog explores some of the changes which are impacting motor and home insurance, and whether the industry is prepared to manage further change.
The last few years have seen disruption within the home insurance market. As a result, rating using previous claims history has never been more important. This brief fact sheet lays out all the key aspects of the LexisNexis® Precision Claims for Home project.
In this video, Martyn Mathews, Senior Director of Personal Lines at LexisNexis Risk Solutions highlights how household insurance providers can underwrite with greater certainty by bringing together claims history with other data enrichment factors.
With the average price of a motorhome costing in excess of £50,000, it’s important that owners have the right specialist insurance cover should the unexpected happen. This article focuses on some important factors that brokers and their clients should consider before obtaining cover.
What happens when a work of art gets damaged? Benedetta Brandi, Marketing & Communication Manager, AXA Art provides specific examples of works of art that have been damaged and the factors that determine whether a work of art can be restored or instead become classified as "Totaled".