Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
LexisNexis® Attract™ scores empower insurance providers to effectively and precisely categorize policyholders and applicants based on their risk levels, resulting in enhanced underwriting processes. With the introduction of Attract™ 5.0, these carriers gain access to the most advanced predictive models available to date. For over twenty years, LexisNexis Risk Solutions has been instrumental in refining rating, pricing, and underwriting decisions across the insurance sector. These innovations encompass home, auto, and commercial insurance markets. The Attract™ suite of scores is built on principles of superior loss prediction, adherence to regulations, and straightforward integration, all aimed at boosting business outcomes. The latest iteration, Attract™ 5.0, further enhances the capacity of carriers to leverage consumer credit data, ultimately leading to even greater underwriting efficiency and accuracy. This development marks a significant step forward in the insurance industry's ability to assess risk with precision.
Description
The insurance sector focuses on achieving optimal rates and effectively managing risk. In such a competitive landscape, reducing manual processes is essential to distinguish ourselves from other industry players. A significant workforce is often necessary to sift through, interpret, categorize, analyze, and disseminate information for underwriting and support activities. Much of this information is unstructured and text-based, requiring manual examination. Scaling operations typically involves hiring additional personnel or resorting to outsourcing solutions. It is vital to filter and classify complaints based on their subject matter and severity level. Automotive businesses collect these complaints through various channels, including emails, feedback forms, and comments. Lymba’s Underwriting and Support NLP solution addresses the text-heavy challenges by converting data into actionable insights; this efficiency not only saves time and resources but also facilitates the initial review process, ultimately enhancing overall productivity and decision-making. By leveraging such technology, companies can focus more on strategic initiatives rather than getting bogged down by manual data handling.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
LexisNexis
Founded
1970
Country
United States
Website
risk.lexisnexis.com/products/attract
Vendor Details
Company Name
Lymba
Founded
2005
Country
United States
Website
www.lymba.com
Product Features
Insurance Agency Management
Claims Management
No
Commission Management
No
Contact Management
No
Document Management
No
Insurance Rating
No
Life & Health
No
Policy Management
No
Property & Casualty
No
Quote Management
No
Product Features
Data Extraction
Disparate Data Collection
No
Document Extraction
No
Email Address Extraction
No
IP Address Extraction
No
Image Extraction
No
Phone Number Extraction
No
Pricing Extraction
No
Web Data Extraction
No
Natural Language Processing
Co-Reference Resolution
No
In-Database Text Analytics
No
Named Entity Recognition
No
Natural Language Generation (NLG)
No
Open Source Integrations
No
Parsing
No
Part-of-Speech Tagging
No
Sentence Segmentation
No
Stemming/Lemmatization
No
Tokenization
No