CoreLogic, a residential property information, analytics, and services provider, announces that its newly acquired RiskMeter Online platform has been expanded to include the company's proprietary Flood Risk Score, a data analytics tool that evaluates flood risk beyond established Federal Emergency Management Agency (FEMA) flood plains.
The CoreLogic Spatial Solutions business added RiskMeter Online, a web-based underwriting application based on geospatial technology, to its hazard risk management solution suite through the recent acquisition of CDS Business Mapping, LLC (CDS).
The availability of a flood analytic solution within a web-based platform provides the property & casualty insurance industry with comprehensive, real-time, property-specific flood risk data and reduces the degree of interpretation required by underwriters and agents.
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