LexisNexis Solutions

* Comprehensive Loss Underwriting Exchange
* LexisNexis devleloped over 25+ years ago
* Replaces Loss Runs
* S2S / Web Portal / Batch
* Mandatory 5 year loss history contribution
* Small Bus/Bus Ins/Comm Auto/Work Comp
* Strong predictor of future loss events
FCRA Applies

* No additional data input needed from MVR
* Provides insurers with personal accident history
* MVR Wallet data used to place C.L.U.E. order
* Will work with Activity and DHDB files
* Single point of entry
FCRA Applies

* Standardized Format for all states
* Single point of entry
* Standard Violation Codes (SVC)
* Customer Specific Codes (CSC)
* Interactive in all but 2 states HI/AK
* FCRA
* DPPA

* Search for copy of MVR previously ordered by customer
* Full report returned
* Benefit COST SAVINGS $0.15 per order
FCRA
DPPA

* Driver History DataBase
* After fail in Duplicate Check system goes to DHDB
* Search for copy of previously ordered MVR by other
carrier
* Customer receives full report
* Benefit COST SAVINGS 55% of registry fee
FCRA DPPA

* Available in 19 States NB
* Available in 35 States RB
* Request to state that returns a clear file or "dirty".
* If clear a clear report is sent to the customer does
include a full report
* If dirty the system moves to order MVR report from
registry
BENEFIT: COST Savings of not ordering MVRs if clear

* Only used if Activity Files are not available in the state
* Identifies drivers that have the highest likelyhood of
being clear.
*Predictive model based on the individual driver, not
demographic population.
BENEFIT Cost savings of not ordering MVRs on predicted clean drivers
FCRA
DPPA

* Single Point of Entry for 3 credit bureaus
* Experian, Equifax, and TransUnion
* Increase match rate as much as 20% or more
* Waterfall switch
S2S/ Web Portal

* Automated solution to increase EODB
* Replaced data input to data verification
* 83% decrease in VIN Errors at data entry level
* Required data entry Business Address
* Not available in AR/CA/HI/NH/OK/PA/VA/WA

1) % of Commitment
2) Length of Contract
3) # of Transactions
4) Product Mix

4 Disciplines of Execution
1) WIG (Wildly Important Goal)
2) Lead Measures
3) Keep a Compelling Scorecard
4) Create a Cadence of Accountability
FOCUS on the RIGHT TASK

Vertical Client Engagement Product Operation
Sales Contract
Customer Compliance
Facing
Development Maintain
Implementation Upgrades
Service once in prod