2021 proved to be yet another challenging year for property & casualty insurers with significant variations in reconstruction costs, growing threats to property from natural catastrophes, and the persistent impact of the COVID-19 pandemic.
Big data and technology are disrupting risk-assessment norms, and insurers are rethinking how they fundamentally conceptualize risk itself. Traditionally, the focus was on the size or severity of claims—not the probability that there would be a claim in the first place. This incomplete concept of risk affects market share with insurers leaving potential profits on the table.
True disruption will come not from the most high-tech but from those who use data and technology to get smarter about insurance risk assessment. Our location intelligence solutions for insurance empower insurers, real estate investors, mortgage bankers and lenders, retailers, and corporations to uncover opportunity, reduce risk, and make informed business decisions.
Our national coverage and proprietary data provides a looking glass into every U.S. neighborhood.
Our products use hundreds of sophisticated spatial algorithms to process 9 million+ reported crimes into nationally comparable crime data. With complete coverage for every neighborhood, school district, municipality, and state across the nation, businesses can:
Receive housing market insights, including exclusive market rent prices by number of bedrooms, house values, housing stock profiles, owner/renter mixes, and more, all in one place. Housing metrics enable you to effectively:
Our patented, nationally-comparable school performance ratings enable an easy, benchmarked comparison of quality between schools, school districts, neighborhoods, municipalities, and states. Our school data can help your organization:
Help your team become everyday heroes by empowering your business with CoreLogic.