The Future of Underwriting Automation and Intelligence is Here
With the UnderwritingCenter™, we’ve taken another giant step towards Making Property As Easy As Auto®. Rich property, eligibility and hazard content now seamlessly integrates with the industry’s leading underwriting workbench to deliver actionable underwriting results and the automated workflow you need to transform, simplify and modernize underwriting across your entire enterprise.
Less Costly Alternatives to Physical Surveys
We’ve shown clients how they can optimize their survey budgets by eliminating 40 percent or more of their physical surveys while still maintaining loss cost avoidance standards.
Our virtual reports capture current, high resolution 3-inch ortho and oblique imagery, Streetview imagery and other proprietary MLS interior and exterior imagery along with occupancy data, property characterizes and natural and man-made hazard data in a single report. A fraction of the cost of physical surveys, they can be ordered manually and delivered in near real-time (+/- 10 minutes).
A DIY survey is conducted by the homeowner using a carrier’s or third-party’s smart phone application which is then integrated within the workflow. This allows homeowners to easily transfer images and information about their home to Underwriting. When all three survey options are integrated with the UnderwritingCenter, rules for which to order can be set to maximize budgets and improve risk selection.
Why Choose CoreLogic?
The UnderwritingCenter is a turn-key platform which allows you to derive value from workflow automation, straight-through processing and consistency in underwriting decisioning without a lengthy implementation process.
Analytics and Reporting
As the industry’s premium automated end-to-end underwriting solution, we deliver actionable insights through robust business intelligence and reporting. To optimize underwriting strategy, the platform leverages analytics and machine learning while in-force monitoring alerts underwriters of any changes to property exposure.
The UnderwritingCenter uses multiple layers of rich property risk content to automate and standardize underwriting rules and survey management. All data is recycled back into decisioning models to enable continuous straight-through results.
Collaboration and Participation
The Underwriting Center allows homeowners and agents to participate and stay connected during the underwriting process. Three portals provide functional access that not only provides a better experience, but eliminates inefficient communication practices as well.
Experience Enterprise Agility
- Market Leading Solution
- SAAS Pace of Innovation
- Advanced Underwriting Selection
- Rich Integrated Content
- Survey Management Module
- Agent and Insured Functional Access
- Advanced Data Warehousing and Reporting
- Definitive ROI with minimal IT resource impact