LexisNexis Danger Options Teams with Kia The us to Unlock the Power of ADAS for Kia Buyers Browsing for Insurance policy |

ATLANTA, Sept. 13, 2021 /PRNewswire/ — Kia The usa has entered into an settlement to provide auto develop data to LexisNexis® Danger Alternatives, a main facts, analytics and technologies service provider, to assistance Kia entrepreneurs throughout the U.S. probably advantage from their cars’ highly developed driver assistance programs (ADAS) when […]

ATLANTA, Sept. 13, 2021 /PRNewswire/ — Kia The usa has entered into an settlement to provide auto develop data to LexisNexis® Danger Alternatives, a main facts, analytics and technologies service provider, to assistance Kia entrepreneurs throughout the U.S. probably advantage from their cars’ highly developed driver assistance programs (ADAS) when they shop for automobile insurance plan. LexisNexis® Car Develop supplies information regarding ADAS attributes in Kia cars in purchase to aid U.S. vehicle insurers utilize ADAS details in insurance coverage ranking and underwriting, in the long run to help potentially reduce the complete price tag of vehicle ownership for shoppers.

ADAS-equipped autos proceed to increase in acceptance and have been linked to lessened mishaps and driver hazardi. LexisNexis Vehicle Establish normalizes and standardizes car establish facts at the auto identification variety (VIN) degree, enabling U.S. coverage carriers to more easily access and combine distinct information about ADAS features of a Kia car product at the position of quotation. When Kia clients store for automobile insurance plan, the insurance coverage provider can variable for the ADAS options on their vehicle and possibly present a lessen high quality, gratifying entrepreneurs for their expense in driver aid know-how and serving to minimize the total cost of automobile possession.

“Working with a innovative, ahead-pondering brand name like Kia The us, decided to clear up its customers’ difficulties, enables LexisNexis Possibility Remedies to keep on to link automakers and insurers, which could potentially benefit shoppers who have chosen and invested in innovative driver support functions,” mentioned Adam Hudson, vice president and basic supervisor, U.S. Linked Auto, at LexisNexis Chance Alternatives. “With newfound underwriting details obtainable by way of LexisNexis Auto Establish, guesswork involving a vehicle’s ADAS capabilities is now a issue of the past, and we glance ahead to continuing to bridge the automotive and insurance coverage marketplaces so individuals can shop for auto insurance in a new and empowering way.”  

For U.S. automakers to master far more about our automotive marketplace offerings, take a look at Alternatives for Automakers.

To find out a lot more about LexisNexis Car Develop and our LexisNexis Connected Auto answers for insurers, go to LexisNexis Insurance coverage.

About LexisNexis Danger Alternatives

LexisNexis® Risk Remedies harnesses the ability of info and advanced analytics to give insights that assist organizations and governmental entities reduce threat and make improvements to conclusions to benefit people today about the world. We present data and technological know-how methods for a vast array of industries together with insurance, economical solutions, health care and governing administration. Headquartered in metro Atlanta, Ga, we have places of work during the environment and are portion of RELX (LSE: REL/NYSE: RELX), a global company of data-based mostly analytics and conclusion instruments for expert and company shoppers. For much more facts, be sure to visit www.threat.lexisnexis.com and www.relx.com.

Media Contacts:

Regina Haas

LexisNexis Hazard Answers

Mobile phone: +1.678.694.3569

[email protected] 

Dean Carney

Brodeur Associates for LexisNexis Possibility Solutions 

Cellular phone: +1.646.746.5607

[email protected] 

i https://possibility.lexisnexis.com/about-us/press-area/push-release/20200618-auto-build – LexisNexis Threat Solutions analyzed 11 million randomly selected U.S. vehicles inside of model many years 2014-2019, and working with proprietary details compared autos geared up with a established of main ADAS options versus vehicles devoid of those features. LexisNexis located that ADAS equipped motor vehicles showed a 27{4292e155756764b4b3d53de1f74ebf5fece4c292a9b9a15c700714d62a5eed07} reduction in bodily harm declare frequency and a 19{4292e155756764b4b3d53de1f74ebf5fece4c292a9b9a15c700714d62a5eed07} reduction in home hurt frequency, but also found that severity for ADAS-outfitted motor vehicles was not noticeably impacted.

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