The Auto Club Group (ACG) Chooses Geospatial Property Weather Monitoring and Analytics Mapping Solution — Reactor™ from CoreLogic
Single source solution for real-time weather monitoring and identifying storm impacts to enhance response for better policyholder customer experience.
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, announced it has aligned with The
Reactor connects forecasted, real-time and forensic weather data with policies-in-force, geo-coded to the insured property’s exact location, to provide actionable insights — all within a single platform. Using forensic weather analytics to compare historical storms with reported claims, clients can establish a loss ratio and determine a total incurred but not reported (IBNR) estimate, as well as predict the number of claims likely to be filed after an event occurs. Ultimately, insurers can use this information to enhance their natural disaster planning and response activation. Policyholders’ satisfaction with their provider is directly impacted by claims handling speed and efficiency, creating demand for carriers to move faster, while leveraging clear and accurate data. Having a single source of information helps create a smooth workflow, accelerating response, resulting in an overall better customer experience.
“Reactor helps The Auto Club Group’s claims team pinpoint the location of policyholders, relative to where the storm activity occurred, so they can plan and accelerate their response before, during and after severe weather events,” said
“Reactor enables ACG to quickly anticipate and identify policyholders who may have suffered losses. The geospatial mapping enables us to determine where to deploy our assets and at what level, to ensure our members and policyholders receive the support they need, as soon as possible,” said
About
The
About 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 includes 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
CORELOGIC, REACTOR and the CoreLogic logo are trademarks of
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