LexisNexis Risk Solutions
Data and analytics solutions powering insurance decisions for 99% of US personal auto and home carriers.
Overview
LexisNexis Risk Solutions is a global data and analytics company operating as a division of RELX plc, a multinational information and analytics company listed on the NYSE and LSE. The company provides information-based analytics and decision tools to insurance, financial services, healthcare, and government sectors, generating approximately USD 2.4 billion in annual revenue.
In insurance, LexisNexis Risk Solutions is a market-dominant platform: its data and analytics are used by 99% of US personal auto and home carriers and the top 25 US life and commercial auto carriers. In 2024, 88% of new US auto insurance policies benefited from its solutions, and the company supports more than 500,000 insurance decisions daily. It serves 98 of the top 100 US personal lines carriers and 21 of the world's top 25 insurers.
The company's capabilities span underwriting and pricing analytics, claims management, fraud detection, telematics, and identity verification. In December 2024, LexisNexis Risk Solutions acquired IDVerse, an AI-powered document authentication provider, extending its identity verification capabilities for the insurance sector.
Products & Services
Underwriting & Pricing Analytics
Data prefill, risk scoring, and predictive modeling solutions that improve underwriting accuracy and accelerate decision-making across auto, home, life, and commercial lines. The platform includes market-leading property data repositories enhanced with AI/ML analysis combining interior, exterior, and aerial imagery.
Key Features
- Comprehensive data prefill to streamline applications
- Predictive scoring models for auto, home, and life underwriting
- Total Property Understanding combining multi-source property data
- Quoting optimization tools to reduce friction in the UW process
Target Users: P&C and life insurance carriers
LexisNexis IDVerse for Insurance
Launched January 2026, IDVerse is an AI-powered document authentication and identity verification solution designed to combat AI-driven fraud. Uses biometric verification, proprietary AI models, and deep neural networks to authenticate identity documents in real time.
Key Features
- AI-powered document authentication
- Biometric identity verification
- Deep neural network fraud detection
- Designed for US personal lines insurers
Target Users: P&C carriers, MGAs
Claims Management Solutions
Analytics and tools for the full claims lifecycle, from First Notice of Loss (FNOL) through resolution. Includes fraud detection, severity scoring, and claims management data to improve decision speed and accuracy.
Key Features
- FNOL data and analytics
- Fraud detection and severity scoring
- C.L.U.E. (Comprehensive Loss Underwriting Exchange) data
- Claims lifecycle management tools
Target Users: Claims departments at P&C carriers
Fraud Detection & Identity Verification
Identity verification, online fraud prevention, and anti-money laundering solutions for insurance carriers and financial services firms.
Key Features
- Identity verification and authentication
- AML and KYC compliance tools
- Online fraud prevention
- Integration with existing carrier workflows
Target Users: Carriers, financial services
Telematics & Usage-Based Insurance
Driving behavior data and analytics to power usage-based insurance programs, including telematics integration partnerships with automotive OEMs.
Key Features
- Driving behavior data collection and scoring
- UBI program analytics
- OEM integration (e.g., Kia Europe partnership for 27 EU countries)
- Personalized insurance pricing support
Target Users: Auto carriers, MGAs
Acquisition & Retention Analytics
Analytics to support policyholder marketing, targeting, and loyalty programs for carriers seeking to grow and retain their book of business.
Key Features
- Policyholder targeting and segmentation
- Loyalty and retention modeling
- Market penetration analytics
Target Users: Personal lines carriers
At a Glance
- Founded
- 1989
- Headquarters
- Alpharetta, Georgia, USA
- Employees
- 1000+
- Funding
- Public (part of RELX plc)
Category & Focus
- Category
- Data & Analytics
- Subcategories
- Underwriting & Risk Claims Technology Fraud Detection Telematics
- Insurance Verticals
- P&C Personal P&C Commercial Life & Annuity Health
- Target Customers
- Carriers, Brokers, MGAs/MGUs
Customers
- 98 of the top 100 US personal lines carriers
- 21 of the world's top 25 insurers
- More than 600 US general insurers
- Major US state law enforcement agencies
- Automotive OEMs (including Kia Europe)
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Last updated: 2026-06-03