Property and casualty insurer Liberty Mutual Insurance has selected property data and analytics-driven solutions provider CoreLogic for the deployment of its new property estimation platform.
As part of the move, Liberty Mutual will migrate to CoreLogic’s cloud-based insurance hub, which features an open architecture and industry-leading API framework.
CoreLogic’s insurance hub will enable Liberty Mutual adjustors to connect to a range of third-party InsurTech solutions.
Liberty Mutual Global Retail Markets (US) chief claims officer Mike Fiato said: “To continue to meet customer expectations well into the future, we are excited to have a strategic technology partner that can help us develop and deploy end-to-end workflow management solutions to provide better experiences for both our adjusters and our customers.
“CoreLogic combines property data and insights with innovative workflows that will help us create superior digital customer experiences while benefiting from significant productivity gains and operational resiliency.”
CoreLogic provides property data solutions, services and technologies that allow insurance carriers to offer a compelling digital policyholder experience.
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By GlobalDataCoreLogic president and CEO Frank Martell said: “Our long-term collaboration with Liberty Mutual demonstrates our ability to unite all parts of the insurance supply chain on one cloud-based platform. Combining this with unique data-driven insights and portfolio and risk monitoring services gives our clients a unique advantage.
“This multi-year partnership is the latest in a series of mega wins for CoreLogic which highlight our accelerating growth in the insurance sector and our ability to meaningfully improve the customer experience.”
In May this year, Liberty Mutual Insurance commercial property claims unit added two new technologies to inspect and estimate commercial property claims remotely.