LexisNexis Risk Solutions has released LexisNexis Attract for commercial auto underwriting, a predictive analytics application.
LexisNexis Attract ranks commercial insurance fleet driver risks using a non-credit-based predictive loss model to calculate loss ratio and/or loss frequency. Leveraging individual and fleet-level commercial driver scores, insurers can improve pricing segmentation and make better underwriting decisions at points of risk selection, quote and renewal.
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