{"id":972732,"date":"2026-06-16T10:22:21","date_gmt":"2026-06-16T14:22:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lexisnexis-risk-solutions-launches-current-carrier-commercial-to-transform-policy-verification-for-u-s-insurers\/"},"modified":"2026-06-16T10:22:21","modified_gmt":"2026-06-16T14:22:21","slug":"lexisnexis-risk-solutions-launches-current-carrier-commercial-to-transform-policy-verification-for-u-s-insurers","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lexisnexis-risk-solutions-launches-current-carrier-commercial-to-transform-policy-verification-for-u-s-insurers\/","title":{"rendered":"LexisNexis Risk Solutions Launches Current Carrier Commercial to Transform Policy Verification for U.S. Insurers"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n Shared auto policy data will help commercial and multi-line insurers better segment and price risk for business owners <\/i>\n <\/p>\n

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\n \"LexisNexis\n <\/p>\n<\/p><\/div>\n

\n ATLANTA<\/span>, June 16, 2026<\/span> LexisNexis\u00ae<\/sup> Risk Solutions today announced the launch of LexisNexis\u00ae<\/sup>\u00a0Current Carrier\u00ae<\/sup> Commercial, which is designed to provide critical insights that help commercial insurers overcome persistent data gaps and inefficiencies in policy verification. LexisNexis Current Carrier Commercial empowers insurers with actionable insights to help improve underwriting, rating and operational performance.<\/p>\n

A contributory solution, LexisNexis Current Carrier Commercial utilizes proprietary data contributed by participating insurers to offer a more comprehensive view of a business’ commercial policy history during the underwriting process. The information about current and prior insurance policy history along with drivers and vehicles can be easily aggregated into one view, which helps insurers make more informed decisions with greater efficiency, helping to close the information gaps in their own book of business. By contributing policy data, carriers not only gain access to a more comprehensive view of their prospects, but they also unlock broader value across the contributory data ecosystem, from automated prefill capabilities and renewal monitoring to enhanced claims handling and industry-level insights.<\/p>\n

“Estimates show an average 425,000 new businesses launch each monthi<\/sup>, which can create challenges for commercial insurers who are underwriting these risks \u2013 from various process inefficiencies to undisclosed information or incomplete details on current insurance policies. According to LexisNexis Risk Solutions research,\u00a068% of insurers believe that up to 30% of their commercial insurance claims may arise from undisclosed drivers,” said\u00a0Brandy Hoffmeister, senior director, insurance product management, at LexisNexis Risk Solutions. “With more than 37 years of experience delivering contributory solutions, we’ve seen firsthand how shared data can help empower carriers to see beyond their book, helping improve risk assessment, strengthen profitability and spark future innovation.”<\/p>\n

\n Key Benefits of Current Carrier Commercial:<\/b>\n <\/p>\n