LexisNexis Launches Current Carrier Platform with Data from Top 25 Insurers
RELX•RELX’s LexisNexis Risk Solutions has launched Current Carrier Commercial, which uses proprietary contributory data to deliver aggregated policy details across policyholder, vehicle and driver history to U.S. commercial insurers. The solution offers automated prefill, renewal monitoring and claims handling, aiming to reduce underwriting inefficiencies and data gaps.
1. Product Launch and Purpose
LexisNexis Risk Solutions has introduced Current Carrier Commercial to address data gaps in policy verification for U.S. commercial auto insurers by aggregating auto policy history, driver and vehicle information into a unified interface. The launch aims to streamline underwriting, rating and operational workflows through a single contributory data platform.
2. Contributory Data Model
The platform leverages proprietary data contributed by participating insurers—including more than 25 leading commercial auto carriers—to deliver a comprehensive view of current and prior insurance policies. Contributors gain automated prefill capabilities, renewal monitoring and improved claims handling while unlocking broader insights across the data ecosystem.
3. Core Features and Benefits
Current Carrier Commercial aggregates information across four categories: policy details, policyholder information, vehicle details and driver records to support risk segmentation and premium accuracy. Insurers can verify coverage faster, reduce costs associated with missing prior coverage data and improve decision-making with normalized and extracted data points.
4. Strategic Impact for RELX
By expanding its portfolio alongside C.L.U.E. Commercial and Attract for Commercial, RELX strengthens its position as a trusted data steward in the commercial insurance market. The new platform is expected to drive incremental revenue growth and deepen relationships with top-tier carriers by enhancing underwriting profitability and innovation.
