LexisNexis® Flyreel®
Introducing LexisNexis® Flyreel®, an advanced property survey solution that provides a breadth of actionable data from the ground, the interior and the sky, then applies AI-driven insights to help U.S. insurance carriers identify, retain and acquire profitable risks – all without having to send someone on site for a physical property inspection.
Flyreel is a key component of an end-to-end property intelligence solution that combines automated workflow tools with risk insights from intuitive predictive models and the industry’s most far-reaching collection of proprietary data assets. This powerful combination arms home insurance underwriters with a more complete picture of the risk, while helping reduce their overall underwriting investment.
With Flyreel®, insurers can:
- Improve loss ratios by identifying critical hazards up front
- Reduce premium leakage by capturing details about insurable assets
- Help enhance property owner satisfaction with a simpler inspection process
- Access more than 200 interior and exterior property data risks and characteristics
- Reduce “boots on the ground” property inspections and reduce cycle times
- Standardize inspections with more consistent data derived from patented AI and machine learning capabilities
- Reduce per inspection transactional costs
