CoreLogic, a leading global property information, analytics and data-enabled solutions provider, recently announced the appointment of Garret Gray to lead the Company’s Protect Business Unit. This move unites all of CoreLogic’s global insurance data and technology solutions under the leadership of Gray and his team. CoreLogic acquired Next Gear Solutions, where Gray was the founder and CEO, in the fall of 2021. The acquisition enabled CoreLogic to combine the Next Gear Solutions’ best-in-class digital workflow platforms with its estimating platform, CoreLogic Claims Connect® and gold standard property data and analytics, offering insurance carriers and contractors a compelling choice to transform the claims experience for policyholders.
“At CoreLogic, we view property insurance as a crucial piece of the property ownership journey which is why we have tapped Garret to lead our significant investments in this space,” commented Patrick Dodd, President and CEO. “Garret and his team’s tenacity, industry knowledge and leadership will be the driving force to ensure CoreLogic is the recognized industry leader in the claims and insurance sector. This appointment represents a significant shift forward for not just the Protect team, but CoreLogic as a whole.”
“The property insurance ecosystem deserves an innovative force with the scale and resources to realize a transformational vision. We have complete confidence in Garret and his team’s ability to deliver and are determined to make the investments required,” said Chuck Davis, CEO, Stone Point Capital.
“CoreLogic is dedicated to our insurance and restoration customers and has made a significant investment to expand our state-of-the-art platforms and digital solutions. The combination of an integrated and unified business unit strategically enables us to completely re-imagine property insurance workflows and build market-driven solutions that drive even better outcomes for our customers throughout the entire property insurance lifecycle,” commented Garret. “I’m thrilled at the opportunity to lead this new team as we continue to innovate for restorers, insurance carriers and property owners, making good on our mission to help millions of people to protect and restore the properties they love.”
Original post by C&R on 3/2/22
C&R has learned an announcement is coming soon on more leadership changes within CoreLogic. The latest change elevates Next Gear Solutions Founder Garret Gray to president of CoreLogic’s Protect arm. This elevates Gray even further into the senior leadership ranks at CoreLogic.
You’ll recall, NGS was acquired by CoreLogic last fall. CoreLogic is a data intelligence company with three arms:
The Protect arm encompasses all of CoreLogic’s insurance assets globally including risk analytics , underwriting, claims workflow, restoration contracts, and more.
We will share more information with you as soon as we can.
Watch C&R‘s interview with Gray on the acquisition by CoreLogic.