Welcome to our dedicated page for Relx Plc news (Ticker: RELX), a resource for investors and traders seeking the latest updates and insights on Relx Plc stock.
RELX plc (RELX) is a global provider of information-based analytics and decision tools for professional and business sectors. This news hub offers investors and professionals timely updates on strategic developments across its scientific, legal, and risk management divisions.
Access curated press releases and market-moving announcements including financial results, technology partnerships, and regulatory developments. Our collection spans RELX's innovations in data analytics, event organization, and sector-specific solutions that shape industries from healthcare to corporate compliance.
Key updates cover acquisition activity, product launches, and leadership changes impacting the company's global operations. Monitor evolving trends in information services through verified reports on RELX's expansion in digital solutions and risk assessment technologies.
Bookmark this page for streamlined tracking of RELX's market position through carefully vetted news sources. Return regularly to stay informed about developments affecting one of the world's most influential analytics providers.
LexisNexis Risk Solutions, part of RELX, has acquired BehavioSec, a leader in behavioral biometrics. This acquisition aims to bolster their digital identity and fraud prevention offerings, integrating BehavioSec’s sophisticated behavioral authentication capabilities into the ThreatMetrix platform. With a global presence, BehavioSec's technology enhances continuous user authentication while ensuring a seamless consumer experience. This strategic move is expected to benefit both large enterprises and SMEs, reinforcing RELX’s market position in identity and fraud management.
LexisNexis Risk Solutions released its 2022 U.S. Auto Insurance Trends Report, analyzing 2021 data to highlight ongoing challenges in the auto insurance industry. Key findings indicate continued volatility in auto insurance shopping and policy growth due to pandemic-related factors. Notable shifts in driving behavior have led to increased claims severity, despite a rebound in miles driven. The report emphasizes the need for insurers to leverage data and analytics for better risk assessment and customer experience as regulatory changes put pressure on traditional insurance practices.
RELX has provided a trading update ahead of its Annual General Meeting, affirming its positive outlook for the full year. Key business metrics show growth in line or exceeding historical trends, driven by its focus on organic development of sophisticated analytics tools. The company anticipates full-year underlying growth in revenue and adjusted operating profit to remain above historical averages, with particular strengths noted in Business Services, Scientific, Technical & Medical, and Legal segments. Revenue growth outlook remains strong across all sectors.
LexisNexis Risk Solutions has been recognized as a Leader in the IDC MarketScape report for U.S. Provider Data Management for Payers 2022. This recognition underscores its exceptional commitment to maintaining quality provider data. The report highlights the effectiveness of its Provider Data Intelligence Suite, which integrates numerous data sources to ensure accurate healthcare information. Jeff Diamond, President of LexisNexis Risk Solutions, expressed commitment to enhancing patient satisfaction and healthcare outcomes through high-quality data solutions.
LexisNexis Risk Solutions has launched AmplifyID, an innovative platform for government agencies aimed at enhancing identity management amid increasing demand for digital services. The platform combines government program data with identity insights to streamline decision-making, improve fraud prevention, and ensure equitable access to services. AmplifyID consists of modules like the Identity Risk Navigator and Master Person Index, designed to tackle identity challenges and improve service delivery. The solution addresses the urgent need for efficient government operations in the wake of pandemic-related pressures.
Internova Travel Group is partnering with PROUD Experiences, a significant LGBTQ+ travel event, in New York City this June. This collaboration marks a milestone with 107 travel brands participating, the most inclusive event to date. Internova emphasizes its commitment to diversity and inclusion, aiming to highlight LGBTQ+ travel issues and strengthen its market presence. The event anticipates participation from over 20% Internova-affiliated advisors, enhancing engagement with the LGBTQ+ community, which spends over $200 billion annually on travel.
LexisNexis Risk Solutions has released its latest Cybercrime Report, highlighting a significant rise in mobile fraud, which now accounts for 75% of all transactions. The report analyzed 35.5 billion transactions in the second half of 2021, marking a 44% year-over-year increase. Scams surged in North America, noting 15.3 billion transactions tracked in the U.S. and Canada, up 22% year-over-year, with human-initiated attacks increasing by 50%. The report underscores the need for businesses to collaborate in combating fraud.
LexisNexis Risk Solutions has appointed Kelly Hoover Thompson to lead its new Government Health Team, emphasizing its commitment to enhancing public health and interoperability. Thompson brings extensive experience from her roles in federal and state governments and the healthcare sector. Her background includes serving in multiple healthcare leadership roles and advocating for improved healthcare access. This strategic hire aims to innovate government health solutions and strengthen partnerships across various government levels for better health outcomes.
LexisNexis Risk Solutions, a leading data and analytics provider for the insurance sector, announced the launch of its Claims Clarity solution, designed to enhance claims processing by offering real-time data insights. This innovative tool allows insurers to make quicker decisions by integrating vast data sources, providing a comprehensive view of claims-related parties and vehicles. The alliance with Shift Technology further enhances this solution by predicting fraud and risk effectively. This development aims to improve operational efficiency and the claimant experience amidst ongoing staffing challenges in the industry.
The LexisNexis Risk Solutions Insurance Demand Meter reveals a 5.2% decrease in the annual U.S. auto insurance shopping growth rate for Q4 2021, down from 3.9% in Q3 2021. New policy growth for the quarter was -6.9% compared to Q4 2020, slightly improving from -7.3% in the previous quarter. Insurers have responded to declines by cutting marketing efforts and focusing on rate increases to improve profitability amid rising claims costs.
Looking ahead, volatility in vehicle and insurance shopping may continue due to ongoing challenges, including automotive chip shortages.
