Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The Insurance Data Network (IDN) represents a groundbreaking approach to data sharing among insurance providers, offering real-time insights that significantly bolster fraud detection and risk management throughout the claims process, leading to greater operational efficiency and minimized financial losses. By promoting visibility across different insurance carriers, the IDN allows insurers to identify patterns and trends in fraudulent activities and claims behavior, thereby supporting better-informed decision-making and effective strategies for risk reduction. Utilizing AI-enhanced data mapping and entity resolution techniques, the IDN provides precise, actionable insights that seamlessly integrate into the workflows of insurers. It automates the conversion of raw data into useful intelligence, which removes the necessity for manual data analysis and simplifies the decision-making process. Additionally, IDN prioritizes the ownership and control of data for both insurers and their clients, ensuring transparency in how the data is utilized. This innovative platform not only streamlines operations but also fosters a collaborative environment that empowers insurers to combat fraud more effectively.
Description
LexisNexis® Attract™ scores empower insurance providers to effectively and precisely categorize policyholders and applicants based on their risk levels, resulting in enhanced underwriting processes. With the introduction of Attract™ 5.0, these carriers gain access to the most advanced predictive models available to date. For over twenty years, LexisNexis Risk Solutions has been instrumental in refining rating, pricing, and underwriting decisions across the insurance sector. These innovations encompass home, auto, and commercial insurance markets. The Attract™ suite of scores is built on principles of superior loss prediction, adherence to regulations, and straightforward integration, all aimed at boosting business outcomes. The latest iteration, Attract™ 5.0, further enhances the capacity of carriers to leverage consumer credit data, ultimately leading to even greater underwriting efficiency and accuracy. This development marks a significant step forward in the insurance industry's ability to assess risk with precision.
API Access
Has API
API Access
Has API
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Shift Technology
Founded
2013
Country
France
Website
www.shift-technology.com/solutions/insurance-data-network
Vendor Details
Company Name
LexisNexis
Founded
1970
Country
United States
Website
risk.lexisnexis.com/products/attract
Product Features
Product Features
Insurance Agency
Claims Management
Commission Management
Contact Management
Document Management
Insurance Rating
Life & Health
Policy Management
Property & Casualty
Quote Management