LexisNexis Risk Solutions provides customers with solutions and decision tools that combine public and industry-specific content with advanced technology and analytics to assist them in evaluating and predicting risk and enhancing operational efficiency. We help US auto insurance companies with better risk assessment so they can offer their customers lower prices and enable healthcare providers to keep down medical costs. We make the world a safer place from criminals, rescue missing children and help save the lives of police officers. We prevent fraudsters from exploiting stolen identities and give banks the data and tools to help combat money laundering. We enable millions of disadvantaged people to obtain credit, often for the first time.
We help insurers assess their risk and streamline the underwriting process in 99% of all U.S. auto insurance claims and more than 90% of all homeowner claims. LexisNexis C.L.U.E. Auto, the industry standard loss underwriting database for the U.S. auto insurance market, represents a 99.6% industry contribution.
In the financial sector, LexisNexis helps 50 of the top 50 U.S. banks prevent crime, achieve regulatory compliance and mitigate business risk. Retail customers use our tools to predict and prevent fraud, while health care professionals use them to help combat fraud, waste and abuse across the continuum.
As the premier provider of essential information that helps advance industry and society, LexisNexis stays at the forefront of industry and technology trends and events to deliver the insight you need to be successful. We assist 70% of local government and almost 80% of federal agencies in the U.S. to safeguard citizens and reduce financial losses. The company's flagship product, Accurint, provides investigators the information and analysis they need to quickly and confidently work their cases.
LexisNexis helps uncover the information that commercial organizations, government agencies and nonprofits need to get a complete picture of individuals, businesses and assets with industry-leading data and analytic solutions. We offer innovative solutions to serve a wide range of industries and government while upholding the highest standard for security and privacy. LexisNexis consists of two distinct businesses, LexisNexis Legal & Professional and LexisNexis Risk Solutions. Both businesses are part of RELX Group, a world-leading provider of information and analytics for professional and business customers across industries. The group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom half are in North America.
Everything you need to make information work for you
Despite all the digital devices that dominate our lives, the truth is that the information age is still in its infancy. We're just beginning to tap into the vast possibilities of on-demand data exchange and analysis. And every day brings a new flood of raw data and fresh challenges we couldn't have imagined the day before.
At LexisNexis, for over 40 years we've been committed to making certain you're prepared to manage change and meet every challenge. That's why we designed a data-intensive super computer built on our own cluster computing platform, HPCC Systems. Why we developed proprietary linking technology that turns random data into meaningful knowledge. And why we amassed the largest, most comprehensive base of information in the world today.
You see, we aren't content to watch the information age grow. Through relentless research and innovation, we intend to leverage exclusive technology to shape its future.
All so you have everything you need to make information work for you.