Use LexisNexis Commercial Data Prefill.
Commercial carriers often find themselves bogged down with manual processes and multiple rounds of information gathering between agents and customers. These factors are compounded when insuring small businesses, where business data can be in short supply and is often mingled with personal data. Yet businesses now expect the same easy, convenient shopping experience from commercial insurance carriers as they get from other business transactions.
LexisNexis Commercial Data Prefill significantly reduces the data entry required to quote and underwrite a commercial policy. With minimal information from an applicant, you can tap into robust data for various of business lines — cleansed, normalized and drawn from multiple sources using proprietary linking and matching technology.
As Lily’s business grows, she hires two new employees and purchases a company vehicle, upgrading her insurance coverage to match her changing needs. LexisNexis Commercial Data Prefill helps Lily update her policy by returning relevant data for multiple lines of business ― delivering not only property data, but also vehicle, driver, workers’ compensation and firmographic information.
Commercial Data Prefill creates value for customers and carriers beyond just the original quote. The path to building loyalty and reducing attrition rates is turning insurance from something that has to be purchased into something that supports and advances a business owner’s goals. Commercial Data Prefill supports you and your agents in being trusted advisors to a business’s success.
