LexisNexis Risk Solutions Launches Location Intelligence: A First-of-Its-Kind Underwriting Solution for U.S. Commercial Property Risk Assessment

Rhea-AI Summary

LexisNexis Risk Solutions has launched Location Intelligence for Commercial, a groundbreaking commercial property risk assessment solution for U.S. insurers. The solution delivers over 20x predictive modeling lift compared to traditional models, enabling insurers to identify the 10% of properties likely to generate 34% of weather-related losses. The platform combines industry loss data, weather forensics, and property characteristics with neural network-driven risk models to provide actionable insights. Key features include multi-source intelligence synthesis, seamless workflow integration, and transparent risk assessment capabilities. This innovation comes as severe weather events, which drive over 65% of U.S. property losses, continue to escalate in frequency and severity.

Positive

• Solution delivers 20x lift in predictive modeling compared to traditional loss propensity models
• Can identify 10% of properties likely to generate 34% of weather-related losses
• Integrates seamlessly into existing commercial insurance workflows supporting straight-through processing
• Combines multiple data sources including claims data, weather events, and aerial imagery for more accurate risk assessment

Negative

• None.

Insights

Technology and Data Analytics Expert

RELX's new AI-powered insurance solution offers 20x better prediction accuracy for commercial property risk, addressing growing weather-related losses.

LexisNexis Risk Solutions' new Location Intelligence platform represents a significant technological advancement in commercial property risk assessment. The solution leverages neural network-driven models combined with multiple data sources—including proprietary claims information, weather forensics, and property characteristics—to deliver predictive power that's 20 times stronger than traditional models.

What makes this platform technically impressive is its ability to identify which 10% of properties will likely generate 34% of weather-related losses in the coming year. This level of predictive precision moves beyond the industry's current reliance on basic weather data, roof age estimates, and aerial imagery alone.

The solution's architecture appears designed for practical implementation rather than just analytical insight. By integrating directly into existing underwriting workflows and supporting straight-through processing, it addresses both the technical challenge of risk assessment and the operational challenge of implementation.

From a competitive standpoint, the patent-pending status suggests unique intellectual property, potentially creating a technological moat against competitors. With severe weather events driving over 65% of U.S. property losses, this solution targets a growing market need that shows no signs of diminishing.

The platform's multi-source approach—synthesizing RELX's extensive data assets with advanced analytics—exemplifies how mature data companies can leverage their existing information advantage to create next-generation AI applications with practical business impact.

Financial Analyst

RELX expands its high-margin Risk Solutions business with an innovative insurance product addressing the growing severe weather loss market.

This product launch strengthens RELX's position in its Risk & Business Analytics division, which has historically been one of the company's most profitable segments with consistently strong organic growth. By targeting commercial property insurance—an industry facing mounting challenges from increasingly frequent and severe weather events—RELX is expanding into a market with clear and growing demand.

The claimed 20x improvement in predictive lift represents a potentially significant competitive advantage that could command premium pricing in the risk analytics market. Insurance carriers are willing to pay for solutions that meaningfully improve underwriting accuracy, particularly for high-value commercial properties where losses can be substantial.

Strategically, this launch aligns with RELX's long-term focus on developing subscription-based, workflow-integrated information solutions. The product appears designed for ongoing use rather than one-time implementation, supporting RELX's recurring revenue business model.

What's particularly valuable is how this solution leverages RELX's existing data assets and analytics capabilities, potentially creating margin advantages through economies of scale and scope. By combining proprietary claims data with neural network technology, RELX is further differentiating its risk solutions portfolio from competitors who may lack comparable data depth.

While the press release provides no specific revenue projections, this product addresses a fundamental insurance industry need—identifying which properties present disproportionate risk—that directly impacts insurers' profitability. This solution could strengthen RELX's already substantial relationships with insurance carriers, potentially driving growth across their risk solutions portfolio.

New proprietary solution delivers more than 20 times the lift, enabling commercial property insurers to help automate and optimize risk strategies with more accuracy

ATLANTA , June 19, 2025 /PRNewswire/ -- LexisNexis^® Risk Solutions today announced the launch of LexisNexis^® Location Intelligence for Commercial, a next-generation commercial property risk assessment solution that sets a new standard for more precise, automated and predictive modeling power in the U.S. commercial insurance sector at underwriting and renewal.

As severe weather events continue to escalate in frequency and severity – driving more than 65% of all U.S. property losses¹, commercial insurers face mounting challenges in underwriting, pricing and portfolio management. Location Intelligence for Commercial helps commercial insurance carriers better assess and spotlight property risks that are highly indicative of loss propensity.

To address these blind spots in today's commercial underwriting processes, Location Intelligence for Commercial helps deliver insights using a holistic approach that combines industry loss data that is highly indicative of future loss, weather forensics and granular property characteristics into a suite of predictive modeling risk scores and supporting attributes. The patent-pending solution then adds proprietary claims information and neural network-driven risk propensity models to deliver actionable, future-focused insights directly into commercial insurance carrier workflows for a more detailed and accurate view of commercial property risk.

"As opposed to conventional sources of information from basic weather data, roof age and aerial imagery, LexisNexis Location Intelligence represents a new standard for commercial property risk assessment that helps give insurers the actionable intelligence they need for a fuller and more granular view of risk coupled with workflow automation they can actually leverage," said David Zona, senior vice president, commercial insurance, LexisNexis Risk Solutions. "With Location Intelligence, they can better assess risk, such as which 10% of the properties in their book could generate a third of their property losses. This can put them in a unique position to be a customer service leader, proactively working with their customers on risk mitigation and resilience efforts."

LexisNexis Location Intelligence capabilities include:

• Unmatched Predictive Modeling Lift: Can deliver over 20 times the lift² compared to traditional loss propensity models, enabling commercial insurance carriers to better pinpoint the 10% of properties likely to generate 34% of weather-related losses in the coming year.
• Multi-Source Intelligence: Synthesizes aerial imagery, LexisNexis Risk Solutions comprehensive claims data, weather events and proprietary information for a more complete, accurate risk profile far beyond what imagery alone can provide and not just a point-in-time snapshot.
• Automation and Efficiency: Integrates seamlessly into commercial insurance underwriting and renewal workflows, supporting straight-through processing and enabling more efficient, targeted risk control strategies.
• Transparency and Communication: Provides a more transparent, multi-source approach to risk assessment, positioning commercial insurance carriers to more easily adapt to evolving regulatory requirements and communicate to business owners a more robust view of their commercial property risk, helping to ensure they are adequately insured in the event of a claim.

"We understand that insurance underpins the economy, and commercial property insurers need to be able to confidently manage risk and improve profitability as they look to support the nation's small business foundation," continued Zona. "With year-over-year losses and the growing volatility of weather patterns, insurance carriers need more than historical data to win the day. They need forward-looking, actionable insights to better identify underwriting risk and improve profitability so they can continue helping their business customers thrive."

For more information, please visit LexisNexis Location Intelligence for Commercial.

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 Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit LexisNexis Risk Solutions and RELX.

¹ LexisNexis Risk Solutions internal study, 2025
² LexisNexis Risk Solutions internal study, 2024

Contact: 
Chas Strong
charles.strong@lexisnexisrisk.com 

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SOURCE LexisNexis Risk Solutions

FAQ

What is LexisNexis Location Intelligence for Commercial and how does it work?

It's a commercial property risk assessment solution that combines industry loss data, weather forensics, and property characteristics with neural network-driven models to provide predictive insights for insurance underwriting and renewal processes.

How much more effective is RELX's Location Intelligence compared to traditional models?

The solution delivers over 20 times the lift compared to traditional loss propensity models and can identify which 10% of properties are likely to generate 34% of weather-related losses.

What data sources does LexisNexis Location Intelligence use for risk assessment?

It synthesizes multiple data sources including aerial imagery, LexisNexis Risk Solutions comprehensive claims data, weather events, and proprietary information to create complete risk profiles.

How does Location Intelligence integrate with existing insurance operations?

The solution integrates seamlessly into commercial insurance underwriting and renewal workflows, supporting straight-through processing and enabling more efficient risk control strategies.

Why did LexisNexis develop Location Intelligence for Commercial?

It was developed to address the growing challenges in underwriting, pricing, and portfolio management as severe weather events, which drive over 65% of U.S. property losses, continue to escalate in frequency and severity.