(Image source: Cornelia Ng/Unsplash.)
CoreLogic (Irvine, Calif.), a provider of global property information, analytics, and data-enabled solutions, has announced a collaboration with technology-enabled contents and jewelry service provider Artigem LLC (Belleville, Ill.) on the launch of new contents estimation capabilities within the CoreLogic Claims | Workspace platform, delivering a seamless contents estimation experience that benefits insurance claims adjusters and estimators, according to a joint statement. With these new capabilities, insurance claims professionals can access all tools needed to provide homeowners with accurate estimates in a timely manner following a property loss—streamlining the previously disjointed and time-consuming process, the companies say.
“Claims professionals are under more strain with rising catastrophic events impacting millions of homeowners across the country,” comments Jake Labrie, Executive VP, Insurance Solutions, CoreLogic. “By embedding Artigem into CoreLogic’s Claims Workspace, professionals will be able to access everything they need to process an estimate in one place through a singular, continuous workflow.”
The vendors explain that determining the brand, quality and depreciation for various items—from typical everyday household items like furniture and electronics to valuable jewelry—has been a time-consuming and challenging process for claims estimators, who were left jumping from tool to tool across different platforms to accurately assign value to contents inventories. With CoreLogic’s Contents Estimation solution powered by Artigem, the claims process is now more streamlined so that property estimation can be achieved in one place with improved accuracy and increased carrier efficiency, the vendors say.
Contents Estimation has been designed to create a comprehensive solution where all of the professional tools are in one place, eliminating the need to toggle between tools. With this addition, the companies say, adjusters and estimators will have access to the following, as described by the vendors:
Real-time pricing: Provides updated and accurate market pricing based on configurable, major retailers.
Automated estimation: Reducing the time it takes to process inventory lists.
Easy-to-use interface: Making contents estimation intuitive and minimizing training needs.
Policyholder collaboration: Enhancing claim experience for policyholders by resolving questions with ease.
“We are delighted to join forces with CoreLogic, a company that shares our dedication to pushing the boundaries of what is possible in our industry,” comments Kurt Artinger, CEO, Artigem. “This alliance is a testament to our shared values of innovation, customer-centricity and a relentless pursuit of excellence. As we embark on this collaborative journey, we are confident that combining our SaaS products for structure and contents will result in groundbreaking solutions that will redefine industry standards. We are honored to be working with such a great company and their brilliant team members.”