Digging deeper : using business data and company director data to inform insurance risk management

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<title>Digging deeper</title>
<subTitle>: using business data and company director data to inform insurance risk management</subTitle>
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<publisher>Lexis Nexis Risk Solutions</publisher>
<dateIssued>2019</dateIssued>
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<abstract displayLabel="Summary">For an insurance provider, risk information is power  yet not every insurance provider is exploiting all information they could use to refine the pricing and underwriting of risks. For providers of commercial lines, a wide range of data types related to businesses and to the individuals who run them is now publicly available, enabling them to attain a deeper understanding of risks to be insured. LexisNexis Risk Solutions wanted to find out to what extent providers are making use of these data sources and how much value providers believe such data can or could offer their business. We also wanted to find out why some providers are not yet using this data.</abstract>
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