LexisNexis Risk Solutions Invests in Creation of Dedicated Global Connected Car Team to Enable Automakers to Deliver Next Generation Services

ATLANTA, July 11, 2018

A 35+-person team has been created to help automakers and insurers share data and analytics to deliver the next generation of mobility and connected car services and insights to improve customer experience for both industries. The LexisNexis Risk Solutions Connected Car team plans to grow to 100 dedicated specialists over the next five years.

LexisNexis Risk Solutions works with 95 of the top 100 U.S. personal lines insurers, more than 90% of the UK motor insurance market as well as insurers across Brazil, India, China and Spain. Leveraging the company's strong pedigree in delivering data insights across the consumer value chain for marketing, underwriting and risk assessment, compliance and collision decisions, the team consists of experts in data science, technology as well as product and market strategies. Collectively it has more than 125 years' experience in automotive, telematics and technology.

Led by Adam Hudson, Senior Director of Product Management for U.S. Connected Car, and Rutger van der Wall, Vice President of Global Products, the team will help accelerate the company's commitment to developing solutions that bridge the insurance and automotive manufacturing industries.

"We've established the Connected Car team to enable us to innovate and execute quickly, as well as respond to the increasing pace and interest between automakers and insurance providers to engage consumers with driving behavior information, collision detection and other programs that connectivity enables," said Adam Hudson.

"Automakers and car insurers alike want to know more about their customers to better serve them throughout the lifecycle of vehicle ownership and through life events that change a consumer's needs. Today, 85% of U.S. auto insurers use a LexisNexis prefill solution, which is focused on ease of use for the consumer, improved accuracy and a better experience throughout the customer journey."