LexisNexis has added new dimensions to its Informed Quotes platform, including geospatial data including perils data such as flood, fire and subsidence and 42 further data enrichment datasets including publicly available data and identity verification data, property and business data.

Neill Slane, senior manager, home insurance, UK and Ireland, said: “One access point to the widest array of rating factors currently available brings greater efficiencies, assists in better decision making and helps improve the customer experience.

“This is all part of our drive to deliver data enrichment to the sector in a way that it is easy for the market to adopt and use. With the recent launch of our Home Prefill solution and now with the ability to access perils and environmental data at a property level through the same link, we are able to provide all the data insurance providers need to automate the quotation process for commercial e-trade and home insurance policies whilst improving the accuracy of the assessment.”

Informed Quotes serves more than 200 million transactions per day to all of the major software houses and direct to insurance providers via a single, direct API.

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