AmWINS Group, a wholesale distributor of specialty insurance products and services, has joined LexisNexis Insurance Exchange as a full member, to improve their product distribution and collaboration with retail agents and brokers.
The LexisNexis Insurance Exchange is a business and renewal submission placement platform that enhances the flow of application data between insurance carriers, wholesalers, agents and brokers.
AmWINS join the Insurance Exchange as members, to leverage their brand in this channel and more effectively articulate risk appetite, keeping brokers up-to-date as they select markets for specific opportunities.
LexisNexis Insurance Exchange president Peter Lynch said by joining the LexisNexis Insurance Exchange, wholesalers like AmWINS will have a venue for collaboration and working more effectively with agents and brokers on the complexities of matching constantly changing risk appetites to markets.
"Leveraging the technology to automate key processes allows carriers and brokers to communicate and collaborate in new ways to gain efficiencies and write more business, their overall business objective," Lynch said.