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LexisNexis® InsurQuote® Direct: Insurance Competitive Intelligence Solution

Easy access to competitive intelligence to enhance decision-making and help improve your bottom line.

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Get the timely competitive intelligence that you need to make more informed decisions

You need ongoing and reliable market and benchmarking insights to make data-driven decisions and have the right answers at your fingertips, without having to rely on a competitive rating expert or actuary specialist. LexisNexis® InsurQuote® Direct is a portal-based insurance competitive intelligence solution that provides stakeholders throughout your organization with timely and comprehensive rate data for improved and faster decision making. InsurQuote Direct includes the same proprietary competitive analytics insurers have trusted for decades from LexisNexis® InsurQuote® – but delivered on a monthly basis as pre-rated insights through an interactive portal for easy access and consumption. This invaluable intelligence can help support your pricing, marketing and product management teams’ performance goals. 

Benchmark your rates

against those of your competitors 

Track the impact

of rate changes to your competitive position over time

Evaluate new markets

and identify the best segments and profiles to target

Improve your understanding

of shopper profiles...including those who aren't shopping with you

InsurQuote Direct helps you benchmark your competitive rate position across the most complete data set of U.S. consumer auto and property insurance shopper profiles. It includes:

  • Pre-rated premium insights that are updated monthly
  • Rated premium comparison for risk profiles that shopped with you, risk profiles held by you that shopped with others and a universe of risk profiles that shopped with other carriers
  • Segmentation metrics and trending insights including geography, shopper demographics and profiles and conversion performance
  • Access to thousands of auto and property insurance rate plans across all 50 states and the District of Columbia, including the majority of top direct, exclusive and independent agency carriers

These easily accessible reports and dashboards provide critical insights to help inform your pricing and segmentation strategies and better understand your competitive position for potential prospects. 

Pricing analysts, product managers, marketing professionals or actuaries at all levels can use InsurQuote Direct’s out-of-the-box reporting for price level decisions. All you need is a login and a password for access to comprehensive and accurate rate data and the actionable information needed to support rate review and monitoring programs, evaluation of states and acquisition and retention strategies. Efficiently and comprehensively reduce your rate revision cycle, identify premium trends and get the data you need to successfully enter new markets.

Many consumers shop their insurance to get a more competitive rate. Now insurance marketers can overlay competitive rate information with other marketing intelligence and performance data to help acquire and retain their target prospects. Accurately target specific market segments where you are competitive, increasing chances of converting those prospects into policyholders.

Better competitive intelligence for improved premium performance.

Whether you’re seeking to improve your conversion rate, retention performance, loss ratio or the size or profile of your marketable universe, the insights available from InsurQuote Direct can help you find incremental policies and premium needed for profitable growth.

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Additional Content

Brochure

Discover how LexisNexis® InsurQuote Direct can help you easily benchmark performance, calibrate rates and better understand shopping patterns of consumers in the market…including your own policyholders.

Download the brochure
Blog Post

Competitive Intelligence for the Insurance Industry

Access to reliable competitive intelligence is a linchpin for customer-centricity, innovation and sustainable growth in the insurance industry.
Learn More

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