Auto Insurance Renewal Solutions

Real Data Insights Can Help Drive Profitability at Policy Renewal

Take Control of Changing Renewal Risks

Driving behavior has changed dramatically in the last few years, resulting in changing risk profiles. Auto insurers who haven’t updated their pricing models to reflect these changes may be missing out on opportunities to price more accurately and help predict future risk. 

Missed driving violations, undisclosed drivers on the policy and undetected claims activity can lead to higher loss ratios. A more proactive renewal strategy can help you capture additional premium, better manage risk and nurture a healthier book of business.

Leveraging data insights at renewal can help drive profitable growth.

LexisNexis® Risk Solutions offers a number of auto insurance renewal solutions to help you take control of the changing risk on your books. These actionable data insights can be integrated directly into underwriting workflows.

Through existing policy contributions, our LexisNexis® Active Insights platform can help automate monitoring for changes in risk within your book of business and proactively deliver event notifications so that you can take more timely and appropriate action.

Challenges that our renewal solutions can help address:

  • Identify undisclosed drivers in the household
  • Zero in on specific states by claim type and claim amounts  
  • Monitor violations to strengthen price segmentation
Let's talk about renewals

Featured Content

White Paper

Take Control of Driving Risk Changes 

Find out which driving violations have the most impact on predicting future risks.

Uncover Hidden Risks on Your Renewal Book 

Don't overlook the top three risks hiding on your renewal book.

The $4.9B Auto Insurance Renewal Opportunity

Insurers without a proactive renewal strategy could be missing out on a $4.9B opportunity.

Featured Solutions

Active Insights - C.L.U.E.® at Renewal

Knowledge gaps at first renewal can cut into profits. Get timely notifications of customer claim activity so you can price appropriately. 

Driving Behavior 360 (DB360)

Uncover more violations than a standard driving record search. 

Driver Discovery

Are you covering everyone in the house who is driving the car?