See Beyond Your Book

Commercial auto insurance carriers are expected to make faster decisions more frequently, often relying on what applicants or agents report about prior insurance. When prior-policy information is incomplete or inaccurate, underwriting teams may miss important details tied to drivers, vehicles, limits, deductibles and coverage history.

Better commercial auto policy insights can help carriers start with a more current view of the risk, reduce manual follow-up and support more confident underwriting decisions. 

LexisNexis Current Carrier® Commercial is a contributory solution that brings together prior commercial auto policy details from participating carriers into a single, standardized source for policy and coverage verification. Through their auto policy contributions, carriers can access more current and complete prior-policy information at the point of quote to support more confident risk selection and more accurate pricing.

Commercial auto policy insights can help you:

• Identify undisclosed vehicles and drivers at point of quote.
• Confirm proof of prior insurance and prior policy details rather than manually collecting them.
• Pinpoint lapses in coverage.
• Help improve risk selection and loss performance.

Read the full ebook to see an illustrative customer journey that shows how carrier contributions of commercial auto policy history can unlock insights and inform better decisions across the insurance lifecycle, from quoting to claims.