LexisNexis® Risk Solutions today announced that the Mapflow suite of products formerly known as Geo, Exposure and OneView have been brought together to form LexisNexis® Map View.
LexisNexis® Map View provides insurers with the ability to fully understand location-based risk, particularly from the impact of climate change, and manage their total exposure accordingly. LexisNexis® Risk Solutions completed the acquisition of Mapflow in September 2013 as part of the business’ strategic vision to provide the insurance industry with the data, analytics, insight and technology required to confidently assess, predict and manage risk.
Commenting on today’s announcement, Bill Madison, Chief Executive Officer, Insurance, LexisNexis, said “The 2013 acquisition of Mapflow supports our strategy to offer our customers the most comprehensive risk assessment solutions available and I am very pleased to make today’s announcement as part of our ongoing integration efforts. Together, our solutions enable insurance companies to make timely, informed decisions, streamline critical business processes while reducing exposure to loss, and improve client experience and retention.”
LexisNexis® Map View is a property risk assessment and exposure management platform that enables insurance companies to aggregate risk data from multiple sources and intelligently map insights against their unique business needs - allowing home and commercial property insurers to make more informed underwriting decisions, better manage risk and exposure, improve underwriting profitability and reduce reinsurance costs.
Over eight thousand property underwriters rely on LexisNexis® Map View to assess risk and manage exposure today.
About LexisNexis Risk Solutions
LexisNexis Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe. We provide data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX Group (LSE: REL/NYSE: RELX), a global provider of information and analytics for professional and business customers across industries. RELX is a FTSE 100 company and is based in London. For more information, please visit www.risk.lexisnexis.com and www.relx.com.