CLGX - CoreLogic extends collaboration with Xceedance
CoreLogic (CLGX) has extended its collaboration with Xceedance, a provider of insurance consulting, managed services and technology.Under this expanded arrangement, re/insurers and brokers will now gain access to CoreLogic's complete suiteof 180+ catastrophe models to be accessible via on-demand cat modelling services, in partnership with Xceedance.The extended agreement, allows Xceedance to provide transactional based services utilising CoreLogic’s RQE platform with access to the complete suite of 180+ catastrophe models as well as those available on the Oasis LMF platform.Catastrophe models are critical to insurers’ understanding of the risks they are writing, whether it be a typhoon in Asia, earthquake in Italy or wildfire in the USA. Having fast access to accurate, high-quality data and insights is crucial for risk assessment and decision making by underwriters.
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CoreLogic extends collaboration with Xceedance