CoreLogic Company Research Report
Company Overview
Name: CoreLogic, Inc.
Mission: CoreLogic aims to make the property industry smarter, faster, and more people-centric, with a focus on delivering data-driven insights for professionals across the entire property ecosystem. Their goal is to help clients tackle industry challenges, promoting a more resilient and prosperous society for everyone.
Founded: CoreLogic, Inc. was established as a standalone business in June 2010, separating from the First American Corporation.
Key People:
- Patrick Dodd - President and Chief Executive Officer
- Jim Balas - Chief Financial Officer
- Kendra Angier - Chief Human Resources Officer
- Aaron Henry - Chief Legal Officer and Corporate Secretary
- Devi Mateti - President, Enterprise Digital Solutions
- Jay Kingsley - President, Mortgage Solutions
- Garret Gray - President, Insurance Solutions
- Lisa Claes - President, International
- Waqas Cheema - Chief Operations Officer
- John Rogers - Chief Data & Analytics Officer
- Kristie Vainikos Stegen - Chief Brand and Communications Officer
- Selma Hepp - Chief Economist
- Sachin Rajpal - Managing Director, Data Solutions
- Matt Kjernes - Head of Engineering
- Jeff Henry - Head of Technology
Headquarters: Irvine, California, United States
Number of Employees: Not explicitly available
Revenue: Not explicitly available
Known for: CoreLogic is known as a leader in property data and analytics, providing critical insights on the entire property ecosystem which helps clients make informed decisions. They are recognized for their comprehensive property information, analytics, and enabling solutions for businesses like real estate, mortgage, and insurance sectors.
Products and Services
CoreLogic offers a wide range of products that simplify real estate transactions, help insurance companies manage risk, enable mortgage companies to assess client mortgage application data, and more. Key products include:
Climate Risk Analytics
- Description: Allows users to view and forecast the physical risk of climate events using hyper-local property data.
- Key Features: Provides modeling and risk measurement tools for better property risk assessments related to climate change.
Forensic Weather
- Description: Optimizes carrier responsiveness to weather events through data-driven models.
- Key Features: Offers timely, accurate weather data for better decision-making in insurance claims and other applications.
Marshall & Swift
- Description: A tool for creating foundational cost approach valuations and driving accurate property estimates.
- Key Features: Provides a reliable system for valuation, cost management, and estimating analysis.
Matrix
- Description: A prominent listing management platform in North America.
- Key Features: Provides access to critical, everyday real estate data needed for comprehensive property evaluation.
Recent Developments
Recent Company Developments:
- New Products: CoreLogic has launched significant new products including CoreLogic Navigate™, a cloud-based catastrophe risk modeling tool, and Araya™, a property and location intelligence platform.
- New Features: Enhanced catastrophe models available on Navigate™ to assist in risk management.
- Acquisitions and Partnerships: Introduced CLIP technology to the Snowflake Marketplace to extend digital mortgage technology; expanded partnership with the Insurance Institute for Business and Home Safety on studies regarding building code impacts on climate resilience.
- Other Engagements: Participated in INTRConnect Europe 2024, highlighting the importance of collaboration across the insurance industry, and introduced technology solutions like Navigate to better manage climate risks and enhance collaborative work among stakeholders.
Research and Analysis: CoreLogic is actively involved in producing research on climate hazards, revealing insights like the uneven distribution of climate risks across the U.S. which may be larger than previously documented.
Summary
CoreLogic, Inc. remains a pivotal player in the property industry, offering innovative data and analytics solutions that cater to real estate, mortgage, and insurance sectors. With a strong leadership team and a commitment to advancing technology and data-driven insights, CoreLogic is poised to continue influencing the market significantly while addressing pivotal industry challenges such as climate change and the need for more dynamic, integrated property data solutions.