New home insurance prefill solution launches

LexisNexis Risk Solutions feels that it may have the answer having just launched LexisNexis Home Prefill, which is aimed at not only reducing dropout rates but also improving rating inputs and speeding up the application process in general. The idea is that once a customer has validated personal data such as their address, key elements of property information will be dropped into the application such as when the property was built and how many bedrooms and bathrooms it has. This reduces the number of questions asked so much so that applicants may only need to validate that the information is correct.