Next-generation cloud-based digital insurance hub will enable faster processing of claims and meet future needs of customers
CoreLogic® (NYSE: CLGX), a leading global property data and analytics-driven solutions provider, today announced that Liberty Mutual Insurance, a global leader in the property and casualty insurance market, has selected CoreLogic for deploying a next-generation, cloud-based property estimation platform to further position itself as a leader in the property insurance market.
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“To continue to meet customer expectations well into the future, we are excited to have a strategic technology partner that can help us develop and deploy end-to-end workflow management solutions to provide better experiences for both our adjusters and our customers,” said Mike Fiato, Chief Claims Officer, Global Retail Markets (U.S.), Liberty Mutual. “CoreLogic combines property data and insights with innovative workflows that will help us create superior digital customer experiences while benefiting from significant productivity gains and operational resiliency.”
Liberty Mutual will migrate to CoreLogic’s cloud-based insurance hub, marking a major investment in technology. The insurance hub uses an open architecture and industry-leading API framework, making it easy for Liberty Mutual adjustors to connect to a host of innovative third-party InsurTech solutions.
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“Our long-term collaboration with Liberty Mutual demonstrates our ability to unite all parts of the insurance supply chain on one cloud-based platform. Combining this with unique data-driven insights and portfolio and risk monitoring services gives our clients a unique advantage,” said Frank Martell, President and CEO, CoreLogic. “This multi-year partnership is the latest in a series of mega wins for CoreLogic which highlight our accelerating growth in the insurance sector and our ability to meaningfully improve the customer experience.”
CoreLogic delivers solutions that enable insurance carriers to deliver a compelling digital policyholder experience with superior ease of use. Its unique approach to unite all parts of the claim supply chain on one concurrent cloud-native platform simplifies claims workflow, enables innovation agility through best-in-class InsurTech, and integrates supply chain partners into the claim’s workflow with a flip of a switch. Furthermore, having a connected suite of insights across the policyholder journey enables carriers to excel across underwriting, hazard and claims.
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