LexisNexis selected for national programme
LexisNexis Risk Solutions has been selected by US insurer Nationwide to deliver the insurer’s next-generation insurance telematics programme, SmartRide Mobile.
The usage-based insurance programme provides discounts for safe driving for members who choose to participate. Nationwide partnered with LexisNexis Risk Solutions to provide a mobile application (app) option for its SmartRide programme to existing and potential customers. Currently, volunteer SmartRide participants install a device into their car and earn discounts in 25 states. SmartRide Mobile will allow Nationwide members to participate by using an app on their smartphone. To begin, the company is adopting this offering in Arkansas, but plans to roll the solution out to more states by year-end.
‘We are 100 percent dedicated to bringing the most innovative solutions to our members,’ said Larry Thursby, VP, property and preferred auto product/pricing at Nationwide. ‘By adopting telematics solutions from LexisNexis, we are providing yet another avenue for our members to take charge of their rates and become the best and safest drivers they can be.’
The LexisNexis end-to-end telematics programme includes data collection, storage and processing, and also provides customers with a dashboard presentation and support so they can see their progress. LexisNexis Telematics uses proven proprietary algorithms to accurately detect when the insured is driving and contextual data analysis to provide specific driver feedback.