CoreLogic Launches Integrated Solution for the Property Insurance Ecosystem

The vendor has secured launch clients for the next-generation system that it describes as providing insights for every touchpoint in the property insurance ecosystem.

(Image source: CoreLogic.)

CoreLogic (Irvine, Calif.), a global provider of property data and analytics-driven solutions provider, has announced the deployment of an integrated insurance solution that the vendor says provides a one-stop shop for insurance companies using CoreLogic’s suite of solutions, providing insights for every touchpoint in the property insurance ecosystem. The solution combines underwriting, weather forensics and claims management. CoreLogic reports that it has secured launch clients for the solution.

Frank Martell, President and CEO, CoreLogic.

“Our next-generation integrated insurance solutions are innovative and already gaining significant market adoption as evidenced by recent wins,” comments Frank Martell, president and CEO, CoreLogic. “Our extensive solutions offerings leverage our unmatched domain expertise across the entire housing ecosystem, as well as our unique property data assets, to significantly improve the customer experience. We have been gaining new clients such as Swiss Re Corporate Solutions in North America, United Kingdom and Australia. These major players provide CoreLogic a foundation for continued growth in the insurance sector.”

Property insurance solutions from CoreLogic feature virtual workflow platforms for underwriting and claims, unique data-driven insights that enable superior decisions and unmatched portfolio management and risk monitoring services for global insurance industries in North America, New Zealand, Europe and Australia, according to a vendor statement.

System-Wide Perspective

Olumide Soroye, Managing Director, Property Intelligence & Risk Management Solutions, CoreLogic.

The vendor reports that its Cinsurance solution suite uses an open architecture and API framework, which it says makes it easy for clients to connect to a host of innovative third-party InsurTech solutions. The vendor says this helps clients to unify the property experience for policyholders across insurance, mortgage, real estate and home services in a fashion that is unique to CoreLogic.

“CoreLogic has a deep and system-wide perspective across the housing industry and property lifecycle,” comments Olumide Soroye, managing director, property intelligence & risk management solutions, CoreLogic. “This uniquely enables us to partner with leading institutions in the property and casualty insurance industry. These institutions are eager to re-imagine property insurance workflows and create significant productivity gains, superior digital customer experience and operational resiliency amid social distancing. We understand the entire property lifecycle and are excited to partner with property insurance carriers and the entire ecosystem in making it a better experience.”

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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 [email protected] or (503) 936-2803.

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