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LexisNexis Health Intelligence Paves a Path of Innovation to Help U.S. Life Insurers Improve the Underwriting Process

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1 year ago

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Digital Health Data Insights are Needed at Scale for Life Insurers to Continue to Reach Underserved
Markets, Close the Life Insurance Gap and Reduce Mortality Slippage

ATLANTA, Feb. 20, 2025 /PRNewswire/ — LexisNexis® Risk Solutions today announced continued innovation of LexisNexis® Health Intelligence, its digital health data platform for the U.S. life insurance industry. The platform provides information and insights, including a concise and simplified clinical history report; leverages advanced linking, parsing and normalization; and helps life insurers scale their use of electronic health records (EHRs). These new innovations empower life insurance carriers with access to digital health data, sourced from EHRs, and advanced analytics that enable faster, more friction-free interactions for life insurance applicants, helping to streamline the underwriting workflow.

An effective digital health data strategy helps reach underserved populations and close the insurance gap.

Deriving insights from digital health data is critical to address life insurers’ needs for future transformation and to achieve their objectives to close the coverage gap for un- or under-insured individuals, while minimizing mortality slippage and delivering a simplified buying experience. When LexisNexis Risk Solutions acquired the Human API Health Intelligence platform, it included a robust network of health data sources, a consumer consent management experience, as well as capabilities to ensure a consistent deliverable for life insurers that use EHRs in the underwriting process. Today, LexisNexis Risk Solutions is adding its deep knowledge of the life insurance industry and life underwriting to make EHRs easier to implement, increase digital health data adoption by delivering information through a consumer-mediated process and, most critically, provide actionable insights to reduce mortality slippage and improve the consumer’s experience.

“Life insurers tell us they need the ability to make decisions on an EHR the majority of the time without ordering additional evidence, and this is why LexisNexis Risk Solutions is committed to helping the industry build confidence in both utilizing EHRs broadly and exploring deeper use of consumer-driven digital health data to drive true business transformation,” said Justin Baker, associate vice president of life insurance, LexisNexis Risk Solutions. “Customers asked us for a report that is easier to consume, while addressing the need to derive insights from the data and automate usage of digital health data. This is very important for the industry as mortality slippage and inefficiency can impact the efficacy of life insurers’ accelerated underwriting programs.”

LexisNexis Health Intelligence innovations include:

Clinical History Report. Accelerates decision-making as a report that’s 30% shorter and more intuitive to interpret than an EHR but with all the clinical information underwriters need. Reverse-chronological ordering and date filtering make it easy to identify key insights to determine risk. A Highlights Summary within the report offers the ability to quickly digest an applicant’s health history, such as age, build, social history, key conditions and recent lab results. This report includes the following:Advanced Linking of Consumers or Providers. Leverages LexID®, the company’s advanced proprietary linking technology to ingest, sort, cleanse and link together information to improve hit rates for digital health data. Also taps into enhanced provider networks to help insurers access information from more providers as consumers apply for life insurance.Normalization and Parsing. Helps structure the data for consistency and usability to help life insurers save time and resources by eliminating noise and duplication, and helps them make confident decisions with easier-to-digest information.Change Management. Allows life insurance companies to leverage the life insurance experts at LexisNexis Risk Solutions, who have decades of experience using both medical and behavioral data to transform life insurance underwriting. Life insurers can leverage this change management and deep underwriting expertise to support adoption of digital health data within EHRs.

“Our end-to-end solution is designed to help underwriters make faster, informed decisions, while mitigating risk, pricing more accurately and offering a differentiated customer experience,” said Baker. “An effective digital health data strategy helps put life insurance in the hands of more individuals, and as our studies have shown, reach underserved populations and close the insurance gap. We continue to invest in further broadening our networks, validating self-disclosed information, offering more insights from the data and enabling post-issue audit automation.”

LexisNexis Health Intelligence can deliver data and insights to help life insurers along their journey to acceleration and automation. The platform enables sourcing of digital health data from both HIPAA-authorized and consumer-mediated sources. Additionally, its Clinical History Report has numerous benefits:

Assembles and combines data points into a single, comprehensive reportExtracts, normalizes and enhances the dataProvides insights into the data included in EHRsCorrelates data to actual mortality experienceEnables predictive modeling and high-value insights

Visit LexisNexis Health Intelligence for more information.

About LexisNexis Risk Solutions
LexisNexis® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX, a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit www.risk.lexisnexis.com, and www.relx.com.

Media Contacts:
Regina Haas
LexisNexis Risk Solutions
+1.678.896.1463
regina.haas@lexisnexisrisk.com

Dean Carney
Brodeur Partners for LexisNexis Risk Solutions
+1.646.746.5607
Dcarney@brodeur.com

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SOURCE LexisNexis Risk Solutions

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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56 minutes ago

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July 23, 2026

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

Published

56 minutes ago

on

July 23, 2026

By

NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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Fathom Applauds Introduction of the FRONTIER Act, the First Federal Blueprint for Independent AI Verification

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56 minutes ago

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July 23, 2026

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Reps. Lori Trahan (D-MA-03) and Jay Obernolte (R-CA-23) introduce a bill to build a competitive marketplace of independent verifiers for frontier AI models.

WASHINGTON, July 23, 2026 /PRNewswire/ — Fathom welcomes the introduction of the FRONTIER Act, the most complete federal framework yet for independent, third-party verification of frontier AI. The legislation is built to earn public trust as AI technology continues to accelerate. As frontier systems begin to take autonomous action in the world, the gap between what these models can do and our ability to keep them in check is widening. FRONTIER is the starting point to close that gap.

“AI governance keeps running into the same wall. The technology is hard to measure and it moves faster than any law can keep up with,” said Andrew Freedman, Co-Founder and CEO of Fathom. “Trying to write the perfect rules and freezing them in place won’t work. What will work is a competitive market of independent verifiers who are accountable for real-world outcomes and who the government can actually count on. The FRONTIER Act shows we can move fast and still get this right.”

The bill gets the fundamentals correct. It sets one public standard – the adequate mitigation of catastrophic risk – and holds both the AI companies and their independent verifiers accountable to it. FRONTIER does not freeze a single testing method into statute. Instead, it licenses competing verification organizations, allows them to sharpen their methods, and gives the government the power to revoke a license when a verifier’s work does not hold up in the field. That is how you build a system that keeps pace with the science instead of falling behind it.

Fathom thanks Reps. Trahan and Obernolte for their leadership, and for their courage in releasing a discussion draft, inviting scrutiny, and incorporating substantive improvements from across the field. One priority improvement as the bill advances: giving the government a fuller range of tools to act upstream – for pushing companies to close identified gaps in risk mitigation early, rather than only once a catastrophe is imminent. We are committed to working with these sponsors, committees of jurisdiction, and Congressional leadership to continue refining the bill in the weeks and months ahead.

About Fathom
Fathom is an independent nonprofit whose mission is to build a governance architecture that helps society navigate the transition to a world with AI by fostering trust, safety, and innovation. Fathom has developed and championed the independent verification model for AI and works with policymakers across the country to put it into practice. Learn more at http://fathom.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fathom-applauds-introduction-of-the-frontier-act-the-first-federal-blueprint-for-independent-ai-verification-302833546.html

SOURCE Fathom AI Inc.

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