LexisNexis® U.S. Insurance Demand Meter Reaches "Nuclear" as U.S. Consumer Auto Insurance Shopping, New Policy Growth Rates Continue to Surge
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LexisNexis® U.S. Insurance Demand Meter reports record levels of auto insurance shopping and new policy growth for the second consecutive quarter, driven by insurer-led marketing programs targeting price-sensitive consumers.
November 20, 2024 | 3:15 pm
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POSITIVE IMPACT
RELX, the parent company of LexisNexis, is experiencing significant growth in its U.S. insurance segment, with record levels of auto insurance shopping and new policy growth driven by effective marketing strategies.
The article highlights LexisNexis' record growth in auto insurance shopping and new policy volumes, which is a direct result of successful marketing strategies. As LexisNexis is a part of RELX, this growth positively impacts RELX's financial performance, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80