Business
LexisNexis Risk Solutions Launches LexisNexis IDVerse for Insurance to Help U.S. Insurance Companies Combat AI-Driven Threats and Better Protect Their Customers
LexisNexis® Risk Solutions today announced the availability of LexisNexis® IDVerse® for Insurance, an AI-powered, cutting-edge document authentication and identity verification solution that helps defend against AI-driven fraud for U.S. personal lines insurers and their customers throughout the insurance lifecycle.
About this update from Relx Plc
[{"type":"text","content":"Leading AI-enabled identity solution addresses sophisticated fraud and deepfake detection while maintaining low friction in the insurance process","length":145,"tagName":"p","attribs":{}},{"type":"text","content":"ATLANTA, Jan. 29, 2026 /PRNewswire/ -- LexisNexis® Risk Solutions today announced the availability of LexisNexis® IDVerse® for Insurance, an AI-powered, cutting-edge document authentication and identity verification solution that helps defend against AI-driven fraud for U.S. personal lines insurers and their customers throughout the insurance lifecycle.","length":360,"tagName":"p"},{"type":"image","alt":"LexisNexis Risk Solutions (PRNewsfoto/LexisNexis Risk Solutions)","displaySize":"","headline":null,"caption":"LexisNexis Risk Solutions (PRNewsfoto/LexisNexis Risk Solutions)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":121,"url":"https://media.zenfs.com/en/prnewswire.com/21ca6c978b23a3b4232da715e72fd272"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/20opWPWQg9U01rv1nWRgZA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIxMztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/21ca6c978b23a3b4232da715e72fd272","width":400,"height":121}},"href":"https://mma.prnewswire.com/media/491370/324390_LexisNexis_Risk_Solutions_Logo_1yHighv1.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"IDVerse for Insurance leverages biometric verification, proprietary AI models, and a deep neural network to securely authenticate and verify ID documents and digital identities within seconds at multiple points in the insurance workflow, including quoting, claims, high-risk transactions, customer service, and account management. The solution helps insurance companies reduce fraud risk, improve efficiency and safeguard profitability by enabling real-time identity verification automation, seamlessly integrated into the insurance workflow. For consumers, it can help provide a faster, low friction and streamlined interaction with insurers.","length":643,"tagName":"p"},{"type":"text","content":"According to the U.S. Department of Homeland Security1, losses from generative AI-enabled fraud are expected to reach $40 billion by 2027. Generative AI and deepfake technologies have made it easier for fraudsters to create convincing fake identities, making traditional verification methods less effec...