Reinsurance News

CoreLogic introduces a cloud-based portal for enhanced catastrophe risk assessment

23rd October 2024 - Author: Beth Musselwhite -

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Catastrophe risk modeller CoreLogic has introduced Navigate, a cloud-based portal offering flexible access to its global suite of over 185 high-fidelity catastrophe risk models.

corelogic-logo-newThe platform enhances workflows, offering scalability, accessibility, and speeding up run times, enabling more efficient risk assessments and quicker decision-making.

Garret Gray, President of CoreLogic Global Insurance Solutions, noted: “Over the past decade, we’ve significantly increased our investment in catastrophe modelling due to changing weather patterns.”

He added: “The market’s demand for a reliable, straightforward catastrophe modelling service is at an all-time high. Risk professionals need easy access to trustworthy models and Navigate offers flexible risk assessment with precise detail for today’s dynamic risk landscape.”

Navigate’s cloud-based platform and API-first architecture offer direct access to advanced models with fast run times, ensuring high quality and accuracy.

With no hardware requirements, Navigate reduces total ownership costs compared to on-premises solutions.

CoreLogic’s catastrophe risk solutions are built on the latest scientific research, engineering expertise, and comprehensive claims and exposure data, providing a detailed view of global risks. The model suite covers perils such as floods, wildfires, severe storms, earthquakes, hurricanes and typhoons, and extra-tropical cyclones across six continents and over 100 countries.