LexisNexis Flyreel for Claims Now Available to Help U.S. Home Insurance Carriers Optimize Claims Processes and Reduce Costs

Core Insights - LexisNexis Risk Solutions has launched LexisNexis Flyreel for Claims, an AI-powered property survey solution aimed at enhancing claims management for insurance carriers [1][4] - The solution addresses key challenges in the home insurance industry, such as changing customer expectations, workforce shortages, and rising claims volumes [2] Product Features - Flyreel for Claims streamlines the first notice of loss (FNOL) process, enabling faster and more reliable claims experiences for adjusters and policyholders [2][7] - The tool allows policyholders to independently capture detailed property insights using a self-guided app, facilitating the FNOL process with actionable data [7] - Flyreel provides virtual property claims inspections through high-resolution video and data analysis, offering adjusters detailed measurements and panoramic views for better damage assessment [7] - The solution integrates data from underwriting and claims records, ensuring scalability and adaptability for insurance carriers [7] Market Demand - A recent consumer study indicated that 71% of homeowners prefer consumer-led mobile inspections over traditional in-person visits, highlighting a growing demand for simplified claims processes [4]