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Flyreel® for Commercial mantle

LexisNexis® Flyreel® for Commercial

Improve underwriting ROI and mitigate losses with a more complete view of commercial property risks.
Download Flyreel® for Commercial Brochure
Flyreel® for Commercial

Take commercial property risk assessment to the next level with data-driven insights powered by AI

Rising inflation, increased operational costs and an uptick in natural disasters are underscoring the need for commercial insurers to identify new ways to more accurately assess property risks.

LexisNexis® Flyreel® for Commercial is an AI-enabled property risk intelligence solution that captures data from hundreds of interior and exterior property risks and characteristics and seamlessly delivers the information into your underwriting workflow to support straight-through processing. Flyreel for Commercial’s combination of automated workflow tools and powerful, intuitive, computer-vision technology help you identify critical hazards and key details about insurable assets to help reduce premium leakage and keep loss ratios in check.

Flyreel for Commercial empowers business owners with a self-guided survey tool accessed from a smart phone or mobile device that eliminates the need for on-site property inspections. The easy-to-use approach helps you to reduce costs per inspection, improve cycle times and enhance property owner satisfaction.

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Flyreel® for Commercial offers enhanced and more precise property risk evaluations and can help:

Avoid losses from over or under-insuring

Avoid losses from over or under-insuring
Reduce expenses by eliminating onsite inspections

Reduce expenses by eliminating onsite inspections
Identify risks at renewal

Identify risks at renewal
Increase the volume of underwritten policies

Increase the volume of underwritten policies
Flyreel® for Commercial is part of the LexisNexis® Risk Solutions commercial property solution suite. Developed by teams with decades of insurance experience, it delivers commercial underwriting-specific loss assessment functionality for all property types.

Automate workflows to streamline decision-making and enable straight-through processing

Flyreel® for Commercial adds efficiency and streamlines your workflow to provide more value for your underwriting investment.

  • Automatically capture hundreds of property risk insights.
  • Standardize data collection across your entire portfolio. Physical vendors will report findings back using nonstandard analog and digital mechanisms, while Flyreel for Commercial classifies them under one single data structure to streamline the underwriting process and enable the use of normalized data throughout the policy lifecycle.
  • Configurable business rules can help proactively monitor renewals and ensure comprehensive and more accurate property data risk capture.
  • Actionable reports prompt action on risks and hazards. Information is delivered through an easy-to-use dashboard or system integration directly into your workflow.

See Flyreel® for Commercial in action. Contact us to discuss piloting this solution.

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Insights and Resources

White Paper

Evolve Your Commercial Property Insurance Underwriting

By strategically visualizing your risks you can simplify your Commercial Property Insurance underwriting.
White Paper

Commercial Insurance Risk Rating

Access the Commercial Insurance Rating in a Rapidly Changing Market white paper to learn how multi-sourced risk scoring turns challenges into opportunities.

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