LexisNexis Risk Solutions becomes Associate Member of BIBA

LexisNexis® Risk Solutions, a leading data, advanced analytics and technology provider for insurance, has become an associate of the British Insurance Brokers’ Association (BIBA). BIBA is the UK’s leading general insurance intermediary organisation representing the interests of insurance brokers, intermediaries and their customers.

LexisNexis Risk Solutions, Insurance serves data into over 220 million insurance quotes a day, across motor, home and commercial lines of business.  The business uses vast data resources, data technology, linking and analytics to help all types of insurance providers assess risk and tackle industry-specific problems, from quote manipulation to predicting policy cancellations.

James Burton, managing director, LexisNexis Risk Solutions, Insurance, UK and Ireland said: “Becoming an Associate Member of BIBA underlines our commitment to giving the broking community the insights they need to make more informed decisions for their customers and their insurance partners.

“The range of data solutions we have developed, including those like Broker Intelligence, which is specifically designed for small and medium sized brokers, is evidence of this commitment. Data enrichment solutions like Broker Intelligence help brokers to compete more effectively, work more efficiently and enhance the service they offer.  We look forward to working with BIBA to help members take advantage of data enrichment solutions, whatever size business they may be.”

Steve White, BIBA CEO said: “Brokers continually evolve in the way they service their customers, anddata can be key ally in how they do this -keeping ahead of the curve. We are therefore delighted LexisNexis Risk Solutions has joined BIBA as an associate.”