Current Carrier® Life

New levels of speed and accuracy covering the entire policy lifecycle

LexisNexis® Current Carrier Life is a breakthrough in the underwriting decision process. Leveraging the incredible power of insurance solutions from LexisNexis, this database gives contributing life insurance companies a whole new set of tools to quickly and more accurately define risk profiles of proposed insureds, and continuously monitor for material misrepresentation or potential fraud.

LexisNexis Insurance Solutions will collect life insurance data throughout the entire policy lifecycle, beginning with application and policy issue to post-issue activity and claim data, to give you the clearest possible picture of applicants and insureds.

Current Carrier Life combines an unmatched consumer viewpoint with a set of tools that drive greater productivity into your workflow:

  • Simplify prefill applications
  • Quickly and more accurately define risk profiles of proposed insureds
  • Speed underwriting decisions and policy issue
  • Minimize investigative timeframes
  • Monitor your book of business post-issue

Get it now: For more information about the LexisNexis® Current Carrier® Life solutions, please call 800.869.0751 or email life.solutions@lexisnexis.com

Current Carrier Life is backed by more than 20 years of LexisNexis® experience developing successful industry-wide contributory databases and complies with the Federal Fair Credit Reporting Act (FCRA). Current Carrier Life creates unprecedented access to key life insurance data that impacts every level of your business, including:

  • Policy history
  • Proof of persistency
  • Policy lapse information
  • Applications written but not issued
  • Information on beneficiaries and owners
  • Type of policies
  • Term of policies
  • Face amount of policies
  • Agent information

Current Carrier Life provides the competitive advantage of critical insight into lapse history of the proposed insured’s other policies to help evaluate their persistency potential and life insurance buying behavior. By providing independent confirmation of existing or prior individual life insurance coverage on proposed insureds, this solution reduces the opportunity for fraudulent portrayal of other coverage information. Data access is restricted to participating companies and their authorized affiliates.

Current Carrier Life also leverages LexisNexis® PolicyWatch®, a powerful feature in the fight against fraud and misrepresentation. PolicyWatch scans contributed data to help identify potential for misrepresentation, fraud and STOLI, and to monitor OFAC/PATRIOT Act compliance. With automatic notifications and alerts, PolicyWatch helps you automatically and continuously monitor your book of business to update critical information such as address, and even identify deceased insureds to comply with Unclaimed Property compliance standards.

Current Carrier Life delivers a new level of decision clarity and workflow efficiency to help protect your business and maximize profitability.

Get it now: For more information about the LexisNexis® Current Carrier® Life solutions, please call 800.869.0751 or email life.solutions@lexisnexis.com

Literature

  1. LexisNexis® Current Carrier® Life Sales Sheet

Get it now: For more information about the LexisNexis® Current Carrier® Life solutions, please call 800.869.0751 or email life.solutions@lexisnexis.com

Contact Us

For more information about our solutions call 800.869.0751 or contact us online

C.L.U.E. and Current Carrier are consumer reporting agency products provided by LexisNexis Risk Solutions and are fully compliant with the Fair Credit Reporting Act, 15 U.S.C. 1681, et seq. Due to the nature of the origin of public record information, the public records and commercially available data sources used in reports may contain errors. Source data is sometimes reported or entered inaccurately, processed poorly or incorrectly, and is generally not free from defect. This product or service aggregates and reports data, as provided by the public records and commercially available data sources, and is not the source of the data, nor is it a comprehensive compilation of the data. Before relying on any data, it should be independently verified. C.L.U.E, and Current Carrier are registered trademarks of LexisNexis Risk Solutions Inc. LexisNexis and the Knowledge Burst logo are registered trademarks of Reed Elsevier Properties Inc., used under license. Copyright © 2013 LexisNexis. All rights reserved. Due to the nature of the origin of public record information, the public records and commercially available data sources used in reports may contain errors. Source data is sometimes reported or entered inaccurately, processed poorly or incorrectly, and is generally not free from defect. This product or service aggregates and reports data, as provided by the public records and commercially available data sources, and is not the source of the data, nor is it a comprehensive compilation of the data. Before relying on any data, it should be independently verified.

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Did you know?

LexisNexis® has more than 20 years’ experience developing successful industry-wide contributory databases, including LexisNexis® C.L.U.E., which has over 95% industry participation.