LexisNexis Risk Solutions Acquires Property Insurtech Flyreel

AI and cyber risks

LexisNexis® Risk Solutions, part of RELX, today announced it has acquired Flyreel, a Denver-based property insurtech that uses artificial intelligence (AI) and machine learning to enable self-service property inspections, which provide additional visibility into a property’s interior and exterior to improve and automate new business and renewal underwriting and claims processes. Flyreel will become part… Continue reading LexisNexis Risk Solutions Acquires Property Insurtech Flyreel

U.S. Auto Insurance Shopping Rebounds after an Unprecedented Drop

auto insurance premiums fanning inflation

LexisNexis® Risk Solutions released its Latest Insurance Demand Meter, which reports Q2 U.S. auto insurance shopping activity. According to the Meter, auto insurance shopping and new business growth rebounded in May and June after an out of the ordinary drop in late March and early April due to COVID-19 shutdowns and the impact from civil… Continue reading U.S. Auto Insurance Shopping Rebounds after an Unprecedented Drop