Tool Streamlines the Claims Salvage Process
IRVINE, Calif., September 7, 2022 — CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, announced that SettleAssist®, a guided inspection and scoping tool designed for the restoration industry, has added a feature which analyzes processes to create a quick, consistent and simple process to streamline the claims salvage process.
Currently, it takes a lot of time and research to identify salvageable materials, determine weight, find a nearby salvage yard, receive the salvage cost/benefit and negotiate pricing with a contractor. With the new feature, clients can quickly identify salvageable building materials, receive regularly updated pricing, locate nearby salvage locations and compute net value, in one place.
“The salvage process is time consuming and cumbersome. This feature takes away all the pain points by streamlining the entire process. The restoration field must be innovative to keep up with industry demands, and CoreLogic is solving for this through SettleAssist,” said Jacob Labrie, executive vice president, Insurance Solutions, North America at CoreLogic.
CoreLogic is a leading global property information, analytics and data-enabled solutions provider. The company’s combined data from public, contributory and proprietary sources include over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in North America, Western Europe and Asia Pacific. For more information, please visit www.corelogic.com.
CORELOGIC, the CoreLogic logo, and SettleAssist are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.