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CoreLogic Provides Enhanced Visualization and Portfolio Impacts on the Los Angeles Wildfires Through New Strategic Relationship with Vexcel Imaging

New alliance will enrich CoreLogic’s proprietary CoreAI™ models with Vexcel’s industry-leading aerial imagery to understand property characteristics

IRVINE, Calif.--(BUSINESS WIRE)--CoreLogic®, a leader in global property information, analytics and data-enabled solutions, announced a new strategic alliance with Vexcel Imaging, a global leader in aerial imagery.

Vexcel will provide CoreLogic with aerial imagery from the U.S., Canada, Western Europe and Australia, including post-disaster (Gray Sky) imagery captured after wildfires, hurricanes and tornadoes. This imagery is part of CoreLogic’s broader roadmap for the implementation of AI-driven analysis and measurements. Vexcel refreshes its imagery library annually, covering more than 90% of the U.S. population, with urban areas refreshed up to three times a year. This will allow CoreLogic to consistently provide clients with up-to-date, high-resolution imagery.

“Bringing Vexcel’s imagery to CoreLogic’s solutions will be a game changer for the industry, matching unparalleled property intelligence capabilities with high-resolution imagery that is trusted by governments and industries worldwide,” said Garret Gray, CoreLogic’s president of Global Insurance Solutions. “This relationship will help CoreLogic continue to provide solutions that empower property professionals in new, unexpected ways, allowing artificial intelligence to streamline tasks and free up people to focus on people in their most urgent time of need and beyond.”

In response to the ongoing Los Angeles wildfires, CoreLogic has embedded Vexcel’s high-resolution disaster response aerial imagery within CoreLogic Weather Insight™, a platform designed to provide detailed weather-related data and analytics and allow property organizations to make more informed decisions. This integration will enable insurance, restoration, and other property companies to analyze their portfolios quickly against property-specific damage assessments and total reconstruction costs. Organizations will also gain a comprehensive understanding of their overall financial exposure and manage appropriate resources.

“Our commitment to providing complete, up-to-date, and consistent aerial imagery across the US and worldwide allows new levels of insight and accuracy,” said Erik Jorgensen, CEO of Vexcel. “We’re excited to see how this will help CoreLogic deliver even more innovative property intelligence to its customers.”

To learn more about CoreLogic Weather Insight, visit the CoreLogic website.

About CoreLogic

CoreLogic is a leading provider of property insights and innovative solutions, working to transform the property industry by putting people first. Using its network, scale, connectivity, and technology, CoreLogic delivers faster, smarter, more human-centered experiences that build better relationships, strengthen businesses, and ultimately create a more resilient society. For more information, please visit www.corelogic.com.

CORELOGIC®, the CoreLogic logo, CoreAI™ and Weather Insight™ are the trademarks of CoreLogic, Inc. or its subsidiaries or affiliates. All other trademarks are the property of their respective owners.

About Vexcel

For over 30 years, Vexcel has been the industry leader in the photogrammetric and remote sensing space, building market-leading UltraCam sensors and providing a comprehensive library of cloud-based geospatial data. The Vexcel Data Program is the largest aerial imagery program in the world, collecting high-resolution imagery and geospatial data in 40+ countries. Its dedicated fleet of fixed-wing aircraft captures imagery in the U.S., UK, Canada, Australia, New Zealand, Japan, and across Western Europe. Vexcel's unique technology stack results in consistency across its aerial collection programs. Its comprehensive aerial data library helps customers streamline remote assessment, innovate common workflows, and enhance decision-making with confidence. More at: vexceldata.com

Contacts

Media Contacts:
Robin Wachner
CoreLogic
newsmedia@corelogic.com

Kris Wagner
Vexcel Data Program
kris.wagner@vexcelgroup.com

CoreLogic

Details
Headquarters: Irvine, CA
CEO: Pat Dodd
Employees: 5800
Organization: PRI

Release Versions

Contacts

Media Contacts:
Robin Wachner
CoreLogic
newsmedia@corelogic.com

Kris Wagner
Vexcel Data Program
kris.wagner@vexcelgroup.com

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