LexisNexis Risk Solutions: The importance of data enrichment across the globe

In this vlog Bill Madison, Insurance CEO at LexisNexis Risk Solutions, looks at the role the connected world will increasingly play within the insurance industry.

The year 2020 is going to see an estimated 50 billion connected devices around the world, including smart property, smart home and connected cars. In such a hyper-connected world, Bill explains how the dynamics of the data output and data standards will vary enormously.

He outlines how data enrichment is different across the globe and the part LexisNexis plays in working with industries to bring to life the data that matters to them.

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About LexisNexis

At LexisNexis Risk Solutions, we believe in the power of data and advanced analytics for better risk management.

With over 40 years of expertise, we are the trusted data analytics provider for organisations seeking actionable insights to manage risks and improve results while upholding the highest standards for security and privacy.

We enable insurers and brokers to improve decision-making, increase profitability and transform business performance with actionable insights from our data and analytics solutions. For more information, please contact risk.lexisnexis.co.uk/insurance or enquiries-info@lexisnexis.co.uk.