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Press Release

LexisNexis® Insurance Exchange Now Offers Mobile Data Application to Agents and Brokers 7/25/2012

LexisNexis® Risk Solutions today introduced LexisNexis® Insurance Exchange mobile application, an on-the-go application to provide agent and broker members with 24/7 access to critical information. The application is live and is intended to help members increase responsiveness and new business opportunities.

While many business tools require users to be attached to a computer or laptop, this new offering from LexisNexis takes into account the increasingly on-the-go nature of workers in the insurance industry. The LexisNexis Insurance Exchange is dedicated to connecting producers, marketers, customer service representatives, management and customers for seamless collaboration. This connectivity is extended through the LexisNexis Insurance Exchange mobile application through which members can gain access from any compatible mobile device to submission activity, message teammates, tag notes and most importantly stay informed from any location at any time.

"Mobile capability is becoming table-stakes in insurance. Many companies have implemented basic look up and simple messaging capabilities,” said Mike Fitzgerald, senior analyst, Celent. "Leading firms are beginning to move beyond inquiry and provide transaction processing on an ‘anytime, anyplace’ basis. Expanding service to a mobile platform makes insurers more accessible to their customers and provides a differentiated offering in what is a competitive, many times commoditized, industry.”

"Staying connected is necessary and extraordinarily important when trying to close a deal,” said Clyde Owen, General Manager, LexisNexis Insurance Exchange. "The Insurance Exchange mobile offering helps our expanding network of agents and brokers stay connected, stay informed and make decisions more easily from lead to close.”

Agents and brokers can access the LexisNexis Insurance Exchange mobile application using the web address or downloading it from the Apple® App Store to access client information, access client submission history, and identify and contact key submission participants. The application also allows participants to obtain real-time submission status including: draft, submitted, quoted, bound, issued, declined and closed applications. Individuals can check on status details such as declination reasons, subjectivities and quote amounts, access all quotes for a submission with just a couple of taps and review all quote documents.

Individuals must be a LexisNexis Insurance Exchange agent/broker member with a valid user identification and password to access this application.

For more information, visit LexisNexis Insurance Exchange mobile application or LexisNexis Insurance Exchange.

About LexisNexis Risk Solutions
LexisNexis Risk Solutions (www.lexisnexis.com/risk/) is a leader in providing essential information that helps customers across all industries and government predict, assess and manage risk. Combining cutting-edge technology, unique data and advanced scoring analytics, Risk Solutions provides products and services that address evolving client needs in the risk sector while upholding the highest standards of security and privacy. LexisNexis Risk Solutions is part of Reed Elsevier, a leading publisher and information provider that serves customers in more than 100 countries with more than 30,000 employees worldwide.

About LexisNexis Insurance Exchange
The LexisNexis® Insurance Exchange is a collaborative insurance sales and placement platform designed to improve the flow of application data and documents between agents, brokers, wholesalers and carriers. By eliminating redundant and manual data entry, we help customers improve and streamline their sales and placement process creating a more efficient and productive environment. For more information, visit www.lexisnexis.com/insuranceexchange.

Media Contact
Regina Haas
LexisNexis
Phone: +1.678.694.3569
regina.haas@lexisnexis.com