LexisNexis Risk Solutions becomes Biba associate

Digital handshake

LexisNexis Risk Solutions has become the 43rd associate of the British Insurance Brokers’ Association.

The provider claims to serve data into more than 220 million insurance quotes a day, across motor, home and commercial lines of business.

The business aims to use data resources, data technology, linking and analytics to help all types of insurance providers tackle industry-specific problems, from quote manipulation to predicting policy cancellations.

James Burton, managing director of LexisNexis Risk Solutions, 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.”

Biba associates 

Associates & affiliates 

Arma, Beazley, Blink, British Property Federation, Broker Insights, Brownejacobson, Clyde & Co, Close Brothers, Croner-i, DAC Beachroft, Enterprise, Gocompare.com, Horwich Farrelly, Insure Apps, Idex, Insurecore, Investec, Lantern, Morgan Clark, Markel, Mental Health In Business, NCRIB, PKF, Pathway, QuestGates, RPost, Samsara, Sedgwick, Weightmans, Vitale Digital and LexisNexis Risk Solutions.

Associates – Insurance technology companies

Acturis, Applied, Durell, HugHub, Schemeserve, Ignite, Novidea, Open GI, Optalitix, ParaCode, Polaris and SSP.

Evolve

Steve White, CEO of Biba, stated that brokers continually evolve in the way they service their customers, and that data can be a key ally in how they do this.

He concluded: “We are therefore delighted LexisNexis Risk Solutions has joined Biba as an associate.”

This follows Vitale Digital becoming a Biba associate last month and Lloyd’s joining Biba as a partner this month.

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