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Elephant Insurance Selects LexisNexis Policy Decisions Personal

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Elephant Insurance Selects LexisNexis Policy Decisions Personal

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March 09, 2011
By Anil Sharma
TMCnet Contributor

An affiliate of the London-based insurance company Admiral Group, Elephant Insurance has selected LexisNexis Policy Decisions Personal to support entry into the U.S. market.


Officials with LexisNexis (News - Alert) said that the Policy Decisions Personal is a proven, Web-based personal lines platform that empowers carriers to streamline operational processes and reach into new markets with feature-rich policy administration applications.

The insurance company selected Policy Decisions Personal for its ease-of-use and configurability to support the company’s cost-efficient, low-expense operating model.

“LexisNexis Policy Decisions Personal can be managed more directly with fewer IT personnel and came with turnkey applications that allowed us to minimize implementation time and custom development costs,” said said Andrew Rose, president and CEO of Elephant Insurance, in a statement.

Rose said that contract signing to go live was just over six months, and included implementation of a full policy administration solution and an on-line quote and bind application. In addition, LexisNexis proved to be a great business partner; they committed the necessary resources to ensure an on-time, successful implementation, he said.

 “We are proud to help Admiral Group enter the U.S. market through Elephant Insurance,” said Bob Larew, vice president of insurance software for LexisNexis.

Larew said that Elephant Insurance is committed to a strategy of gaining market share by exploiting cost efficiencies.

“We are excited that the ease-of-use and turnkey capabilities of Policy Decisions Personal were seen as one way to help support this approach,” he said.

LexisNexis is a global provider of content-enabled workflow solutions designed specifically for professionals in the legal, risk management, corporate, government, law enforcement, accounting, and academic markets.

Recently LexisNexis  announced Lexis Advance for Associates would be the next tool released on the company's New Lexis technology platform.

Lexis Advance for Associates is aimed at serving primary users of online legal research such as associates at law firms and staff attorneys at corporations and in government. Core elements of the product deliver a number of easy to use features for them, including an intuitive single search interface that eliminates the need to select sources before searching and cuts out multiple steps in the search process. It also offers users the control to find relevant search results faster and more confidently with pre- and post- search filters. Furthermore, work folders allow for easy storage and access to previous work.


Anil Sharma is a contributing editor for TMCnet. To read more of his articles, please visit his columnist page.

Edited by Tammy Wolf

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