LexisNexis Flyreel for Claims Now Available to Help U.S. Home Insurance Carriers Optimize Claims Processes and Reduce Costs
LexisNexis Risk Solutions has launched LexisNexis Flyreel for Claims, an AI-powered property claims inspection solution designed for U.S. home insurance carriers. The technology enables homeowners to conduct self-guided property inspections using their smartphones, streamlining the First Notice of Loss (FNOL) process.
The solution addresses key industry challenges including workforce shortages, rising claims volumes, and increasing loss adjustment expenses. Key features include:
- Cost reduction through decreased reliance on onsite adjusters
- Consumer-driven mobile inspection tool
- AI-powered virtual property inspections with high-resolution video
- Automated claims investigations
- SDK integration capabilities for insurers' apps
According to their recent study, 71% of homeowners prefer mobile inspections over traditional in-person visits, indicating strong market demand for this technology.
LexisNexis Risk Solutions ha lanciato LexisNexis Flyreel for Claims, una soluzione di ispezione delle richieste di risarcimento immobiliare alimentata dall'IA, progettata per le compagnie di assicurazione sulla casa negli Stati Uniti. La tecnologia consente ai proprietari di casa di condurre ispezioni immobiliari autonome utilizzando i loro smartphone, semplificando il processo di Prima Notifica di Perdita (FNOL).
La soluzione affronta le principali sfide del settore, tra cui la carenza di manodopera, l'aumento dei volumi di richieste e l'incremento delle spese di aggiustamento delle perdite. Le caratteristiche principali includono:
- Riduzione dei costi grazie a una minore dipendenza da periti in loco
- Strumento di ispezione mobile guidato dal consumatore
- Ispezioni immobiliari virtuali alimentate dall'IA con video ad alta risoluzione
- Indagini sulle richieste automatizzate
- Capacità di integrazione SDK per le app delle assicurazioni
Secondo il loro recente studio, il 71% dei proprietari di casa preferisce le ispezioni mobili rispetto alle visite tradizionali di persona, indicando una forte domanda di mercato per questa tecnologia.
LexisNexis Risk Solutions ha lanzado LexisNexis Flyreel for Claims, una solución de inspección de reclamaciones de propiedad impulsada por IA, diseñada para las compañías de seguros de hogar en EE. UU. La tecnología permite a los propietarios realizar inspecciones de propiedad autoguiadas utilizando sus teléfonos inteligentes, agilizando el proceso de Primera Notificación de Pérdida (FNOL).
La solución aborda los principales desafíos de la industria, incluidas las escasez de mano de obra, el aumento de los volúmenes de reclamaciones y el incremento de los gastos de ajuste de pérdidas. Las características clave incluyen:
- Reducción de costos a través de una menor dependencia de ajustadores en el lugar
- Herramienta de inspección móvil impulsada por el consumidor
- Inspecciones de propiedad virtuales impulsadas por IA con video de alta resolución
- Investigaciones de reclamaciones automatizadas
- Capacidades de integración de SDK para las aplicaciones de los aseguradores
Según su estudio reciente, el 71% de los propietarios prefiere las inspecciones móviles sobre las visitas tradicionales en persona, lo que indica una fuerte demanda de mercado para esta tecnología.
LexisNexis Risk Solutions는 미국 주택 보험사를 위해 설계된 AI 기반의 재산 청구 검사 솔루션인 LexisNexis Flyreel for Claims를 출시했습니다. 이 기술은 주택 소유자가 스마트폰을 사용하여 자율적으로 재산 검사를 수행할 수 있도록 하여, 최초 손실 통지(FNOL) 프로세스를 간소화합니다.
이 솔루션은 인력 부족, 증가하는 청구량, 증가하는 손실 조정 비용 등 주요 산업 과제를 해결합니다. 주요 기능으로는:
- 현장 조정자에 대한 의존도를 줄여 비용 절감
- 소비자 주도의 모바일 검사 도구
- 고해상도 비디오를 통한 AI 기반 가상 재산 검사
- 자동화된 청구 조사
- 보험사의 앱을 위한 SDK 통합 기능
최근 연구에 따르면, 71%의 주택 소유자가 전통적인 대면 방문보다 모바일 검사를 선호한다고 하며, 이는 이 기술에 대한 강력한 시장 수요를 나타냅니다.
LexisNexis Risk Solutions a lancé LexisNexis Flyreel for Claims, une solution d'inspection des réclamations immobilières alimentée par l'IA, conçue pour les compagnies d'assurance habitation aux États-Unis. La technologie permet aux propriétaires de maison de réaliser des inspections de propriété autoguidées à l'aide de leurs smartphones, simplifiant ainsi le processus de Première Notification de Perte (FNOL).
La solution répond aux principaux défis de l'industrie, notamment la pénurie de main-d'œuvre, l'augmentation des volumes de réclamations et l'augmentation des frais d'ajustement des pertes. Les caractéristiques clés comprennent :
- Réduction des coûts grâce à une dépendance réduite aux experts sur site
- Outil d'inspection mobile axé sur le consommateur
- Inspections de propriété virtuelles alimentées par l'IA avec vidéo haute résolution
- Enquêtes sur les réclamations automatisées
- Capacités d'intégration SDK pour les applications des assureurs
Selon leur étude récente, 71 % des propriétaires préfèrent les inspections mobiles aux visites traditionnelles en personne, ce qui indique une forte demande sur le marché pour cette technologie.
LexisNexis Risk Solutions hat LexisNexis Flyreel for Claims eingeführt, eine KI-gestützte Lösung zur Inspektion von Immobilienansprüchen, die für US-Hausversicherer entwickelt wurde. Die Technologie ermöglicht es Hausbesitzern, selbstgesteuerte Immobilieninspektionen mit ihren Smartphones durchzuführen und vereinfacht den Prozess der Ersten Verlustmeldung (FNOL).
Die Lösung geht auf wichtige Herausforderungen der Branche ein, darunter Arbeitskräftemangel, steigende Anspruchszahlen und zunehmende Verlustanpassungskosten. Zu den Hauptmerkmalen gehören:
- Kostensenkung durch verringerte Abhängigkeit von vor Ort tätigen Gutachtern
- Verbraucherorientiertes mobiles Inspektionswerkzeug
- KI-gestützte virtuelle Immobilieninspektionen mit hochauflösendem Video
- Automatisierte Ansprüchuntersuchungen
- SDK-Integrationsmöglichkeiten für die Apps der Versicherer
Laut ihrer aktuellen Studie ziehen 71 % der Hausbesitzer mobile Inspektionen traditionellen persönlichen Besuchen vor, was auf eine starke Marktnachfrage nach dieser Technologie hinweist.
- New AI technology reduces operational costs for insurance carriers
- Streamlines claims processing and reduces adjustment expenses
- 71% consumer preference indicates strong market demand
- Enables scalable integration with existing carrier systems
- None.
Insights
LexisNexis Risk Solutions' launch of Flyreel for Claims represents a significant advancement in insurance claims technology that could strengthen RELX's position in the high-margin insurance solutions market. This AI-powered property inspection tool enables policyholder-led virtual inspections via smartphones, generating high-resolution imagery and data that claims adjusters can immediately leverage for faster, more accurate decisions.
The solution addresses critical pain points for insurers: rising loss adjustment expenses, adjuster shortages, increasing claims volumes, and declining customer satisfaction. By reducing dependency on field adjusters, carriers can potentially realize substantial operational savings while accelerating claims resolution timeframes – a compelling value proposition in today's challenging insurance market.
From an investor perspective, this product extends RELX's recurring revenue streams through its SaaS delivery model. The insurance technology segment represents a growing portion of RELX's risk division, which generated approximately 35% of total company revenue in recent years. Flyreel's SDK integration capability is particularly noteworthy, as it enables seamless embedding within carriers' existing applications, potentially increasing adoption rates and customer stickiness.
The cited 71% consumer preference for self-guided inspections signals strong market receptivity, though carriers may face implementation challenges including integration with legacy systems and potential resistance from traditional claims departments. Additionally, as AI-driven claims solutions proliferate, LexisNexis will face competition from both established players and insurtech startups.
For RELX investors, this launch demonstrates the company's continued innovation in data-driven solutions that help clients reduce costs while improving operational efficiency – core elements of RELX's value proposition across its business segments.
AI-powered, policyholder-guided property claims inspection solution equips adjusters with actionable insights for faster, more accurate claims management
Flyreel for Claims is specifically designed to address pressing challenges in the home insurance industry, including changing customer expectations, workforce shortages, growing claims volumes, rising loss costs and loss adjustment expenses (LAE), inflation pressures and declining customer satisfaction scores. By streamlining the first notice of loss (FNOL) process, Flyreel helps adjusters deliver a faster, easier and more reliable claims experience.
Key features of LexisNexis Flyreel for Claims include:
- Efficiency and cost savings: By reducing reliance on local onsite claims adjusters, Flyreel helps minimize operational costs while expediting claims processing, enabling carriers to handle claims volumes effectively and triage more complex claims for a better customer experience.
- Consumer-driven tool: Policyholders can independently capture detailed property insights through an intuitive, self-guided app using their smart phone or mobile device, to jumpstart the FNOL process with actionable data that adjusters can use immediately.
- AI-powered insights: Flyreel delivers virtual property claims inspections using high-resolution video, imagery and data analysis. Assigned claims adjusters gain detailed measurements, 360-degree panoramic views and preserved high-resolution details that streamline damage assessment and decision-making.
- Streamlined claims investigations: Flyreel automates and accelerates claims investigations to support faster, more precise decision-making across the claims lifecycle.
- Comprehensive and scalable solution: Flyreel integrates data from underwriting and claims records allowing carriers to tailor to the solution to meet their specific needs, ensuring scalability and adaptability.
- SDK-enabled: Insurers can seamlessly embed Flyreel for Claims into their own app and related workflow, streamlining the consumer experience.
"Flyreel for Claims represents the next evolution of AI-driven technology tailored to meet the unique needs of the insurance industry and the consumers they serve," said Frank Cesario, director of claims, LexisNexis Risk Solutions. "According to our recent home insurance consumer study,
LexisNexis Risk Solutions leverages a deep understanding of insurance claims and loss experience. The launch of Flyreel for Claims continues the momentum of earlier Flyreel solutions tailored for the home and commercial insurance markets, advancing how carriers leverage AI to address their most significant challenges.
For more information, please visit LexisNexis Flyreel.
About LexisNexis Risk Solutions
LexisNexis® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro
Media Contact:
Chas Strong
LexisNexis Risk Solutions
Phone: +706-202-5813
Charles.Strong@lexisnexisrisk.com
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SOURCE LexisNexis Risk Solutions
FAQ
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