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Weekly News Digest

May 22, 2014 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

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LexisNexis Boosts Telematics Offerings

LexisNexis acquired Wunelli, a U.K.-based telematics data services company, to expand its global usage-based insurance (UBI) solutions. Insurers will now be able to use telematics data to reduce risk exposure, make informed and time-efficient decisions, and enhance the UBI consumer experience.

LexisNexis customers expressed a need for more telematics solutions for the auto insurance market, and Wunelli’s expertise, scores, solutions, and data assets give them greater ROI and faster speed to market, says Bill Madison, LexisNexis’ CEO, Insurance for the risk solutions business of LexisNexis. Combining LexisNexis’ and Wunelli’s datasets will create one of the largest provider-held insurance telematics databases in the world.

Source: LexisNexis

Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

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