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LexisNexis Risk Solutions

LexisNexis® Risk Solutions Announces Appointment of Mark Kelsey as Chief Executive Officer

Reed Elsevier today appointed Mark Kelsey as Chief Executive Officer of LexisNexis Risk Solutions. Kelsey has spent nearly 30 years at Reed Business Information and will continue in his current role as Chief Executive Officer of that business in addition to his new responsibilities. Kelsey replaces James Peck who has decided to pursue his career in a privately-held business environment. Source:  ... Read More »

LexisNexis and BuildFax Team to Expand Homeowners Solutions

LexisNexis Risk Solutions announced a strategic relationship with BuildFax to assist homeowners insurance companies with the challenges associated with insuring homes. LexisNexis® Risk Solutions today announced a strategic relationship with BuildFax to assist homeowners insurance companies with the challenges associated with insuring homes. Through this relationship, insurers will be able to acquire much-needed building permit information to enhance their ability ... Read More »

LexisNexis® Acquires EDIWatch, Provider of Leading Health Care Fraud Waste and Abuse Workflow Solutions

Company strengthens its advanced analytics, health care offering with end-to-end solution LexisNexis® Risk Solutions announced it has acquired EDIWatch, Inc., a privately-held leading provider of fraud, waste and abuse (FWA) technology solutions exclusively for the health care payer industry. EDIWatch’s portfolio addresses FWA detection, recovery, and prevention; leverages automated business fraud rules and analytics; and offers user-friendly case management workflow ... Read More »

LexisNexis(R) Announces Worldwide Screening Solution for HR Professionals

Global screening solution provides HR professionals the opportunity to support a single, integrated view of background screening for more than 225 countries and territories. LexisNexis(R) Risk Solutions announced the availability of a unique global screening solution that provides a one-world view of employment screening that includes the capability to support background checking for more than 225 countries and territories into ... Read More »

LexisNexis(R) Announces FraudPoint(R) Solutions

LexisNexis(R) Risk Solutions announced the availability of FraudPoint(R) solutions to help lenders and financial service firms prevent fraud by analyzing and predicting behavioral patterns of fraudsters and other suspicious identities. Organizations using FraudPoint will benefit by being able to approve more applications for services while limiting exposure to fraud using advanced scoring methodologies and the industry’s largest compilation of identity ... Read More »

LexisNexis(R) Migrates to Next Generation Big Data Processing Platform

LexisNexis Risk Solution offers Insurance Carriers Better, Faster Results and Minimized Premium Leakage LexisNexis Risk(R) Solutions announced the migration of its insurance solutions to the LexisNexis Big Data processing platform known as HPCC Systems. LexisNexis is leveraging the platform to help insurers assign premium more accurately, better understand their customers and risk throughout the policy lifecycle, and drive a more ... Read More »

LexisNexis® Launches New Advanced Scoring, Attributes, Data Analytics and Vendor Management Solutions for the Receivables Management Industry

LexisNexis® Risk Solutions announced the availability of new receivables management solutions that will help debt buyers, collection law firms and agencies improve their collection efforts, drive greater workflow efficiency, and increase overall profitability. LexisNexis introduced LexisNexis® Scoring Solutions and Collect Point Vendor Manager at the 2012 annual Debt Buyer Association (DBA) conference in Las Vegas, Nevada. Collection Attributes is a ... Read More »

‘Fraud of the Day’ Forum Launched by LexisNexis Risk Solutions

LexisNexis® Risk Solutions announced the launch of “Fraud of the Day,” a forum dedicated to educating government officials about how fraud is being perpetrated. Located at fraudoftheday.com, the site offers a medium for information sharing and highlights different fraud-related news articles each day, incorporating commentary by fraud, waste and abuse experts such as Larry Benson, director of strategic alliances for ... Read More »

LexisNexis Open Sources Hadoop Challenger

LexisNexis Open Sources Hadoop Challenger LexisNexis Risk Solutions is opening up its High Performance Computing Cluster (HPCC), a system written in C++ that it claims is four-times faster than Hadoop when running data-intensive queries on ordinary Linux servers.  LexisNexis will release a virtual machine for testing, full binaries, and the source code in the next few weeks, the company announced ... Read More »

Reed Elsevier Reports Growth in all Business Sectors

Reed Elsevier reported revenue growth of 1% in the nine months 2011. Science & Technology grew by 4% with solid subscription revenues in Research and continued good growth in databases and tools.  Health Sciences remained flat.  LexisNexis Risk Solutions:  Underlying revenue growth of 4% (excluding the insurance licensed infrastructure software business recently agreed to be sold).  Insurance data & analytics has ... Read More »

LexisNexis® to Sell Insurance Software Solutions to Genstar Capital

LexisNexis Risk Solutions announced it has entered into a definitive agreement to sell its Insurance Software Solutions business to the San Francisco-based private equity firm Genstar Capital.  According to LexisNexis the Insurance Software Solutions business (400 employees) does no longer fits with its Risk Solutions business which focuses on data & analytics.  Source:  TMCNET Read More »

LexisNexis(R) Announces Strategic Relationship With iyeTek to Launch LexisNexis(R) eCrash Solution

LexisNexis(R) Risk Solutions announced a strategic relationship with iyeTek, a leading software development company that creates mobile and handheld software solutions for law enforcement agencies. LexisNexis has developed a unique automobile crash report management solution that provides electronic capture, distribution and analysis of automobile crash information called LexisNexis(R) eCrash. Source: Marketwatch Read More »

LexisNexis(R) Acquires MarshBerry Sales Portal

LexisNexis(R) Risk Solutions announced the acquisition of the Sales Portal, from MarshBerry, the nation’s preeminent insurance consulting and M&A advisory firm. The Sales Portal is a state-of-the-art sales management automation tool that will be offered by the LexisNexis Insurance Exchange. The Sales Portal expands the functionality of a producer’s desktop and the propensity for new business production by automating all ... Read More »