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Insights for Commercial Insurers
Commercial Newsletter
May 2019
The Informed Insurer — Insights for Commercial Insurance
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Spring is here! The new season brings warmer temps, blooming flowers and new opportunities for commercial carriers. We are excited to bring you our newest edition of The Informed Insurer – a quarterly newsletter featuring our latest data and analytics insights for commercial insurance.
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5 Opportunities for Commercial Carriers Insuring Small Businesses
According to PropertyCasualty360, “There are more than 30 million small businesses in the United States today. They play a crucial role in the American economy and as a result, create a huge market opportunity for small commercial insurers. However… carriers being able to identify and take advantage of that opportunity is more challenging than ever before.” Luckily, with these challenges come opportunities for small commercial insurance carriers to gain a competitive advantage
See Opportunities
LexisNexis Risk Solutions
How Automated Loss Runs Help Carriers
Commercial carriers need access to loss history to make more accurate assessments, but accessing this information can be cumbersome, inefficient and costly. See how you can uncover loss history to accurately assess and price risk more easily than ever.
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Automation Lags Behind Desired Levels
Automation can help drive efficiency in small commercial insurance, where the greater volume of transactions can create labor-intensive work and increase chances of incomplete or error-ridden applications. Yet the degree of manual work remains the commercial underwriter’s biggest pain point. So how can you overcome this challenge?
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LexisNexis® C.L.U.E.® Commercial Uncovers Common Blind Spots
In our most recent case study, commercial carriers are able to identify and eliminate four common blind spots to reveal an additional $25 million in incurred losses. See what you may be missing in your book of business.
Access Case Study
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