New Web Tool For Insurance Sleuths
NU Online News Service, April 9, 9:01 a.m. EST?LexisNexis of Dayton, Ohio, said it is offering a new research tool that special investigative units, fraud unit managers, investigators, loss control, and risk management departments can subscribe to on the Web.
The company said the Web-based "LexisNexis Insurance Solutions" has as a foundation "the largest public records collection available to the insurance industry for investigations and information verification."
LexisNexis showed off the product yesterday at the Insurance Fraud Management trade show in Miami.
Chris Jones, senior vice president of risk management solutions for corporate and federal markets at LexisNexis, said the Web site is designed to increase cost-effectiveness of investigations, due diligence, and fraud prevention work.
The LexisNexis Insurance Solutions Web page provides users with public records available for locating, verifying, and validating information about people and businesses, identifying assets, aliases and affiliations, and uncovering judgments and liens.
In addition, the Web page provides access to an array of news content, including industry-specific as well as general news coverage for all 50 states, including local and regional business journals, state wire stories and more.
A proprietary segment on the fraud solutions Web page is the LexisNexis "Smartlinx" report feature, which the company said gathers information from more than 1.6 billion public-record documents and generates a single, comprehensive report. LexisNexis said the investigative tool quickly and accurately locates and associates links between people, businesses, and locations that would normally take hours or days to gather and cross-reference.
Insurance Solutions Web site also has a link to The National Fraud Center Inc., consultants in fraud and identity theft. NFC experts provide offline investigations, due diligence and consulting that complement online public records data.
Information about the site is available at www.lexisnexis.com.
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