Enhance decision-making with a more comprehensive view of driving-related risk
Price Driving Risk With More Precision
As an auto insurer, it is crucial that you know as much as you can about your insured drivers and their vehicles, including driving history and behavior, so you can assess risk more accurately. But gathering and analyzing information from disparate sources can be a challenge, especially at the key decision points of quote and underwriting.
LexisNexis® Drive Optics is a comprehensive, flexible and scalable solution suite that delivers a holistic view of driving-related risk so you can improve decision-making accuracy and speed, provide better customer experiences and better protect your business.
Drive Optics products leverage our comprehensive public and proprietary data sources, sophisticated analytics capabilities and proprietary LexID® unique identifier to deliver a more complete picture of risk available, so you can price with more precision.
Deeper insights for more accurate risk assessment
- Convenient access to information
Seamlessly access driving violation insights, including motor vehicle records and court records. Information is combined, linked and delivered in user-friendly formats that help minimize disruption in your workflow, so you can assess and price risk more quickly. - More comprehensive data sources
Leverage data from courts and public records, vendors and our own LexisNexis® Telematics Exchange, as well as our proprietary models and scores to help give you the insights you need to make better decisions. - Improved information accuracy that helps to reduce costs
Connect all data points about a single driver through our LexID® unique identifier and patented linking technology to deliver greater accuracy for smarter strategic investments and better resource allocation — so you can focus on what matters most to your business.
Drive Optics Solution Suite
Get a more complete picture of driving risk
Our Driving Risk Violations (DRV) platform is a comprehensive suite of integrated products designed to capture driving information from a variety of sources across the U.S. and deliver a single view of driver risk. By providing more accurate and timely violation data, we help insurers make smarter underwriting decisions, reduce premium leakage and improve profitability – all without inflating expense ratios.LexisNexis® Driving Behavior 360
Uncover more violation activity
LexisNexis® Driving Behavior 360 provides greater visibility into driving records by connecting and combining violation information from disparate data sources, then appending this detail to the motor vehicle report (MVR) to create a single, more comprehensive picture of driving behavior.
LexisNexis® Activity Files
LexisNexis® Activity Files monitors and identifies drivers with an adverse driving history, helping enable you to economically underwrite new business more frequently.
LexisNexis® Violation Intelligence
LexisNexis® Violation Intelligence leverages driver and violation data resources to help identify drivers with adverse driving histories, then provides you with a single, standard view.
LexisNexis® Motor Vehicle Records
Counter increasing fees with more cost effective and convenient MVR ordering
LexisNexis® Motor Vehicle Records leverages rule-based processing and centralized MVR services to help minimize unnecessary MVR orders and help reduce MVR-related expenses.
The more you know about your insureds’ vehicles, the more accurately you can segment risk.
LexisNexis® Vehicle History
Insurers who leverage next-generation connected car data and mobility risk insights can make more accurate decisions.
LexisNexis® Telematics OnDemand
LexisNexis® Telematics OnDemand provides a seamless, near real-time delivery of actionable driving behavior data and vehicle insights as early as the point of new business so you can more accurately assess risk and price with greater precision.
LexisNexis® Drive Metrics
LexisNexis® Drive Metrics is a next-generation telematics-based scoring model designed specifically to complement other standard variables in your rating plan and may deliver 79% additional lift above standard rating factors to the predictability of driving risk.
LexisNexis® Telematics Exchange
LexisNexis® Telematics Exchange receives, processes and normalizes data from connected vehicles and other telematics service providers which can be used to improve decision-making at all points in your workflow.
