LexisNexis Risk Solutions Teams with Kia America to Unlock the Power of ADAS for Kia Customers Shopping for Insurance
Enhanced vehicle build data enables U.S. auto insurers to better assess risk reduction and potentially reward drivers of Kia vehicles that have driver assistance features.
Enhanced vehicle build data enables U.S. auto insurers to better assess risk reduction and potentially reward drivers of Kia vehicles that have driver assistance features.
ATLANTA – Kia America has entered into an agreement to supply vehicle build data to LexisNexis® Risk Solutions, a leading data, analytics and technology provider, to help Kia owners across the U.S. potentially benefit from their cars' advanced driver assistance systems (ADAS) when they shop for auto insurance. LexisNexis® Vehicle Build provides data regarding ADAS features in Kia vehicles in order to help U.S. auto insurers utilize ADAS data in insurance rating and underwriting, ultimately to help potentially reduce the total cost of vehicle ownership for consumers.
ADAS-equipped vehicles continue to rise in popularity and have been linked to reduced accidents and driver riski. LexisNexis Vehicle Build normalizes and standardizes vehicle build data at the vehicle identification number (VIN) level, enabling U.S. insurance carriers to more easily access and integrate specific details about ADAS features of a Kia vehicle model at the point of quote. When Kia customers shop for auto insurance, the insurance provider can factor for the ADAS features on their car and potentially offer a lower premium, rewarding owners for their investment in driver assistance technology and helping reduce the total cost of vehicle ownership.
"Working with a creative, forward-thinking brand like Kia America, determined to solve its customers' challenges, enables LexisNexis Risk Solutions to continue to connect automakers and insurers, which could potentially benefit consumers who have chosen and invested in advanced driver assistance features," said Adam Hudson, vice president and general manager, U.S. Connected Car, at LexisNexis Risk Solutions. "With newfound underwriting data available through LexisNexis Vehicle Build, guesswork involving a vehicle's ADAS features is now a thing of the past, and we look forward to continuing to bridge the automotive and insurance markets so consumers can shop for auto insurance in a new and empowering way."
For U.S. automakers to learn more about our automotive industry offerings, visit Solutions for Automakers.
Originally posted on Auto Dealer Today
More F&I
New Lifetime Battery F&I Product Meant to Drive Dealer Traffic
EFG Cos. offering is intended to create lifetime auto dealer engagement with customers.
Read More →
The Psychology Behind Menus That Increase Add-On Sales
There is a science to crafting a menu that gives customers confidence in the choices presented, and moving the process outside the F&I office can further boost results.
Read More →
Why Your F&I PVR Is Misleading You
Here’s a handy checklist of the numbers to track in 2026 instead.
Read More →
Auto Consumer Anxiety Presents Opportunity
A survey of U.S. drivers found the majority are concerned about finances and the economy, but those fears make many ready to buy vehicle-protection products.
Read More →
Humble and Hungry: 12 Rules for an F&I Life
Dustin Gingerich, with a decade in the F&I business under his belt, shares his thoughts on leadership, building trust with customers, and the importance of learning and innovation.
Read More →
Focus on the Opening
F&I managers must learn as much as possible about their customers, starting before they walk into their offices. The bulk of today’s consumers expect that, and good results will follow.
Read More →
F&I Reaches for the Sky
The increasingly important profit center continued making gains in the first quarter, according to StoneEagle data, ancillary products proving more popular as consumers hold onto their buys longer.
Read More →
What Market Timing Mistakes Mean for Your Reinsurance Program
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
Read More →
The 90/10 Rule
In this video, Ryan Ruff explains the rule that elite sales professionals use to turn ordinary conversations into unforgettable customer experiences.
Read More →
Your Office Is Talking
What’s the atmosphere saying about you to your customers? You can make minor adjustments and additions that transform your space into one that creates trust with the people on the other side of the desk.
Read More →