New York-based LexisNexis Risk Solutions introduced LexisNexis Insurance Enterprise View, a modular solution that integrates data from multiple sources.
The vendor says the platform is the first application to serve as a single, reconciled data source for billing, policy, claims and reinsurance systems. The solution offers balancing, reconciliation and error report features; it also streamlines reporting to statistical bureaus, helps in compliance with evolving audit requirements and provides secure online access to information and analytics, according to LexisNexis Risk Solutions.
Insurance Enterprise View has been designed so it can be implemented in phases. It is vendor-agnostic, and has been standardized on an ACORD framework, says Robert C. Larew, VP, Insurance.
Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & Technology in 1991. In addition to ... View Full Bio