LexisNexis Risk Solutions has launched an AI-driven property risk model aimed at helping US home insurers improve underwriting accuracy as claims costs continue to rise.
The new platform, LexisNexis Location Intelligence for Home, uses neural network modelling and industry-wide claims data to predict property-level insurance risk across both weather and non-weather-related events.
The tool has bee...
The narrative positions a large technology provider offering a solution to a severe market problem—rising loss costs and the inadequacy of traditional risk assessment methods. The core pattern is the reframing of risk from an observational, static process (exterior inspections, historical claims) to a predictive, dynamic one (location intelligence, neural networks). This shift serves to justify the integration of a proprietary system, creating an authoritative framework where only the new method...
