Axa teams up with LexisNexis for data enrichment programme
New use of data will enable Axa to "deliver more competitive quotes".
Axa has developed a data enrichment programme across its home, motor and commercial vehicle lines business, with LexisNexis Risk Solutions.
The insurer said that the programme will use customer-scoring leveraging data and analytics to create a “more detailed and accurate portrayal of individual risks”, which in turn will allow the insurer to deliver more competitive quotes to the broker market.
Jon Mitchell, operations director at Axa commercial lines and personal intermediary, said: “This is a
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