What is LexisNexis used for in insurance?
What is LexisNexis used for in insurance?
LexisNexis Risk Solutions’ role is to supply information to the insurance carriers, which the carriers can review to assist them in making underwriting and rating decisions.
Do all insurance companies use LexisNexis?
Not all insurers use the service, but most do, says a LexisNexis spokesperson. When you apply for auto or homeowners insurance, you authorize insurers to check your records at consumer reporting agencies. That includes reporting agencies and services like LexisNexis, which will provide your C.L.U.E. report.
Who uses LexisNexis Risk Solutions?
LexisNexis Risk Solutions provides data to industries like insurance, government, and debt collection. It partners with the Small Business Finance Exchange (SBFE), whose members use LexisNexis data to make lending decisions.
Why would LexisNexis check my credit?
Why is LexisNexis or Insurance Initiatives Ltd (IIL) on my credit file? A LexisNexis/IIL search footprint on your credit file demonstrates that an insurer or broker has requested LexisNexis/IIL to search your data with a Credit Reference Agency (“CRA”).
What does a LexisNexis report show?
The report includes items such as real estate transaction and ownership data, lien, judgment, and bankruptcy records, professional license information, and historical addresses.
How many companies use LexisNexis?
We have data on 9,569 companies that use LexisNexis. The companies using LexisNexis are most often found in United States and in the Legal Services industry. LexisNexis is most often used by companies with 10-50 employees and 1M-10M dollars in revenue.
What information does LexisNexis report?
Is LexisNexis a legitimate company?
LexisNexis is a corporation that sells data mining platforms through online portals, computer-assisted legal research (CALR) and information about vast swaths of consumers around the world.
What credit bureau does LexisNexis use?
FICO® Score XD — developed by LexisNexis in partnership with FICO and Equifax and based on Equifax, LexisNexis, and NCTUE data — leverages alternative data sources to assess credit worthiness among traditionally unscorable populations.
How do I dispute with LexisNexis?
If you need help disputing your LexisNexis credit report, you can always reach out to us for assistance through this site or call us at (888) 400-CREDIT | (888) 400-2733 to get help.
How does LexisNexis do background checks?
Standard Background Checks include identification verification and a search of LexisNexis’s proprietary criminal records database that verifies an individual’s: Legal Name. Current Address. Social Security Number.
Is LexisNexis legal?
LexisNexis Legal & Professional is a leading global provider of legal, regulatory and business information and analytics that help customers increase productivity, improve decision-making and outcomes, and advance the rule of law around the world. We endeavour to advance the rule of law across the world.
