LAS VEGAS — The Consumer Electronics Show 2019 will provide a platform for LexisNexis Risk Solutions to showcase its connected car UBI (usage-based insurance) solutions in production and how the LexisNexis Telematics Exchange connects insurers and automakers to create the frictionless consumer experience. LexisNexis Risk Solutions is a leading provider of data, analytics and technology and part of RELX Group, the global provider of information and analytics.
At CTS held on January 7 prior to CES 2019, Adam Hudson, GM and Senior Director, Connected Car Solutions, LexisNexis Risk Solutions delivered a keynote presentation, Accelerating the progress of Telematics in the USA: All About the Consumer,” to 500-plus senior automotive influencers, and David Lukens, Senior Director, Global Product Management, participated in a panel discussion about the ‘User Experience for the Connected Car.’
LexisNexis Risk Solutions shared insights from its work with automakers in engaging consumers to save money on their auto insurance premium, improve their driving behavior potentially creating safer roads and get other value-added benefits. LexisNexis highlighted how this increased engagement can influence brand loyalty and help organization better segment and market to consumers.
Adam Hudson comments: “Connectivity is drastically changing the way people live, work and move. This change presents an industry-wide mobility and insurance challenge we call ‘many-to-many.’ As a result, companies have to harness and exchange data sets with multiple stakeholders in order to provide consumers with the services they need and want. When handled correctly, connectivity offers huge opportunities for consumers to enjoy better services and experiences and for automakers to find new revenue pools.”
“At LexisNexis Risk Solutions, we are uniquely positioned to connect automakers and insurers, helping them tap into the vast possibilities of the new data being generated by connectivity and telematics. CTS and CES provide the perfect showcase for our solutions - a single point of truth from the vast array of data being generated and the value this offers all parties, particularly in the context of our consumer research.”
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. For more information, please visit www.risk.lexisnexis.com and www.relx.com.