Reinsurance News

CoreLogic and Artigem to launch new contents estimation capabilities

24th January 2024 - Author: Kassandra Jimenez-Sanchez

Global provider of property information, analytics, and data-enabled solutions, CoreLogic is working with insurtech Artigem to launch new contents estimation capabilities within the CoreLogic Claims | Workspace platform.

corelogic-logo-newWith 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.

Jake Labrie, Executive Vice President, Insurance Solutions at CoreLogic, said: “Claims professionals are under more strain with rising catastrophic events impacting millions of homeowners across the country.

“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.”

In order to determine the brand, quality and depreciation for various items – from typical everyday household items like furniture and electronics to valuable jewellery – estimators usually have to jump from tool to tool across different platforms to accurately assign value to contents inventories, something that is time-consuming and challenging.

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CoreLogic’s Contents Estimation™ solution, powered by Artigem, aims to make the claims process more streamlined so that property estimation can be achieved in one place with improved accuracy and increased carrier efficiency.

Contents Estimation creates a comprehensive solution where all of the professional tools are in one place, eliminating the need to toggle between tools.

Kurt Artinger, CEO of Artigem: commented: “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. This alliance is a testament to our shared values of innovation, customer-centricity and a relentless pursuit of excellence.

He added: “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.”

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