CoreLogic Debuts AI Capabilities in Restoration Management Platform

The new image analytics and property data features enable contractors to optimize restoration workflows to eliminate complexities and service policyholders faster.

(Image source: CoreLogic DASH promotional video.)

CoreLogic (Irvine, Calif.), a global provider of property information, analytics and data-enabled solutions provider, has announced new artificial intelligence-driven capabilities in its restoration job management platform. The image analytics and property data features enable contractors to optimize every policyholder’s experience, the vendor says. CoreLogic reports that image analytics and property data tools within the solution use innovative technology, such as highly intelligent algorithms and artificial intelligence, to reduce manual analysis and processes from restoration workflows. As a result, CoreLogic says, contractors can reduce errors and optimize loss documentation processes to restore properties faster and more efficiently.

Garret Gray, President, CoreLogic Protect.

“At CoreLogic, we work closely with customers across the insurance and restoration lifecycle to create solutions that provide everyday innovation—tools that eliminate complexities in day-to-day workflows and open up new efficiencies,” comments Garret Gray, president, CoreLogic Protect. “These new functionalities are backed by comprehensive data and industry experience and enable our clients in property insurance and restoration to protect people and restore lives faster, together.”

AI-based, Automated Image Tagging for Loss Documentation
The image analytics function, embedded within CoreLogic’s review solution and restoration job management platform—known as known as DASH—uses artificial intelligence to process the contents of property photos to produce descriptions of the structures pictured in each image. Once a user uploads a photo into the platform, the property descriptions are automatically generated as photo tags, which identify attributes like property condition, building grade, home features, kitchen quality grade, the presence and type of damage and more, the vendor explains.

(Image source: CoreLogic. Click to enlarge.)

CoreLogic says that the ability to instantly get critical information about properties is transformative for restoration contractors during the loss documentation process, which typically requires manual data entry on logged property photos. With automatically assigned tags, restoration contractors can document losses more accurately and comprehensively, while also saving time, according to the vendor.

Centralized Property Information for Restoration Job Management

CoreLogic’s property data combines artificial intelligence and data science to deliver centralized property information directly in CoreLogic’s restoration job management workspace, DASH. The vendor explains that once users save the address of a future project site within DASH, they get instant access to all relevant data from CoreLogic’s vast proprietary property database. These data fields include the year the property was built, its foundation type, the heating and cooling system type, the number of rooms, CoreLogic property photos and more. With direct access to accurate property information, contractors can quickly assess upcoming jobs, ensure proper safety protocols and allocate equipment for every project before setting foot onsite.

CoreLogic asserts that property data embedded within its job management software will save technicians time and shorten the lifecycle of every project. Without direct access to CoreLogic property data, standard processes for job preparation involve extracting data from disparate sources of property information or relying on the homeowner for intelligence. By providing instant access to consistently up-to-date property intelligence, this new AI-driven functionality within DASH eliminates the need for contractors and technicians to rely on mixed, often times out-of-date, or subjective sources, the vendor says.

Cognizant and CoreLogic Renew Relationship with $1B, 10-Year Services Agreement

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

Leave a Comment

(required)