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.
News and announcements related to RELX PLC (RELX) highlight the activities of its businesses in information-based analytics, decision tools and events. RELX is described as a global provider of information-based analytics and decision tools for professional and business customers, serving customers in more than 180 countries with offices in about 40 countries. Its shares are traded on the London, Amsterdam and New York stock exchanges.
A significant portion of recent news involves LexisNexis Risk Solutions, a RELX business. These updates cover topics such as fraud and identity management awards, insurance market research, home insurance trends, property claims analytics, medical data solutions for life insurance underwriting, and studies on fraud in public benefit programs. Such news offers insight into how data and analytics are being applied to risk management, insurance, government programs and other sectors.
Other RELX-related news items feature Brightmine, a global HR and data insights provider that is part of LexisNexis Risk Solutions, and RX, the events and exhibitions organizer within RELX. Brightmine releases research on workplace dynamics and HR policy challenges, while RX announces large-scale trade shows and exhibitions across multiple industries and geographies.
Investors and observers who follow RELX news can use this page to review updates on analytics products, research reports, industry studies, event announcements and corporate developments reported by RELX businesses. Regularly reviewing these items can help readers understand how RELX-related companies are applying data, analytics and technology in their respective markets.
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LexisNexis® Risk Solutions, a part of RELX, has acquired Human API, a provider of a consumer-driven data platform. This acquisition aims to enhance consumer consent management, facilitating better access to healthcare data and insurance resources. The partnership is expected to improve care coordination and streamline life insurance underwriting processes. Bill Madison, CEO of LexisNexis Risk Solutions, emphasized the importance of digitized healthcare information for consumers and healthcare organizations. The innovative technology from both companies will allow patients to share critical health information with their care teams efficiently. The acquisition positions LexisNexis to address complex industry challenges, according to Andrei Pop, CEO of Human API.
SinoCorrugated 2023, organized by RX (China) Investment Co., Ltd., will be held in Shanghai from July 12-14, 2023. This exhibition showcases significant growth with over 1,200 exhibitors and aims to attract more than 100,000 visitors. The event will feature six concurrent exhibitions, covering the entire packaging industry chain, along with the debut of over 200 global and Asian products. The new venue, National Exhibition and Convention Center, enhances accessibility and provides 100,000 square meters of exhibition space. Highlights include the World Corrugated Awards with a prize pool exceeding $10,000 and more than 30 high-end industry events to facilitate networking and knowledge sharing.
LexisNexis Risk Solutions has launched Total Property Understanding, a new property intelligence solution aimed at improving home insurance underwriting in the U.S. This innovative tool utilizes AI and extensive data from interior, exterior, and aerial property assessments to enhance risk evaluation. By integrating insights from the recent Flyreel acquisition, it significantly aids insurers in identifying properties requiring further scrutiny, streamlining the underwriting process, and increasing profitability, which has been a critical concern due to rising claim costs. The solution promises to expedite the underwriting process up to three times faster than traditional methods, offering a comprehensive and customizable evaluation approach for insurers.
RELX, a global provider of analytics and decision tools, reported strong trading momentum ahead of its Annual General Meeting, reaffirming its full-year outlook. The performance across all four business segments remains robust, driven by a shift to higher growth analytics and decision tools. The company expects underlying revenue growth to surpass historical trends, supported by rising adjusted operating profit and earnings per share. Each business area, including Business Services, Scientific, Technical & Medical, Legal, and Exhibitions, anticipates continued growth above historical averages this year. The company maintains a market capitalization of approximately £50bn/€57bn/$62bn.
LexisNexis® Risk Solutions has released a white paper, produced by Aite-Novarica, addressing challenges posed by sophisticated fraud threats amid rising digital adoption. The report highlights that a significant number of consumers have reduced their use of person-to-person (P2P) payment platforms due to fraud concerns, with 43% of U.S. respondents indicating such worries. Fraud executives rank consumer scams as a top concern, with many organizations increasingly adopting behavioral biometrics as a solution. This technology passively authenticates users, enhancing customer experience while identifying fraudulent activities. The white paper underscores the importance of multi-dimensional identity views in effective fraud prevention.
LexisNexis Risk Solutions has appointed Adam Mariano as the new president and general manager of its healthcare division. Mariano, a seasoned professional with over 20 years of experience across various healthcare sectors, aims to enhance the strategic direction and operational execution of the division. His previous roles include head of global strategic operations at IQVIA and vice president at HighPoint Solutions, focusing on data management and analytics. Mariano's multifaceted background as a nurse, technologist, consultant, and attorney positions him to drive innovation and address critical healthcare challenges. The company, part of RELX, leverages advanced data and analytics to provide insights that help improve decision-making in multiple sectors, including healthcare.