Solution improves claims estimation workflow for insurers and builders
LONDON, 01 November 2010 - Xactware has just released Xactimate® 27.1, the latest version of its flagship software, to help insurers and builders speed up the way they estimate the cost to renovate, repair, or rebuild property losses.
Developed by Xactware, an international leader in claims estimating technology, Xactimate is a software solution that lets property insurance and restoration professionals accurately estimate structural replacement costs much faster than with any other method. In the United States, nine of the top ten insurance carriers use Xactimate to estimate property losses, as do 80 per cent of U.S. builders.
With Xactimate’s patented Sketch technology, users can draw detailed 3-D floor plans and estimate costs for building materials and labour in a matter of minutes. It offers users access to localised pricing data for nearly every postcode in the U.K. to ensure loss estimation accuracy. Xactimate also inspects each claim assignment to help users catch errors. In addition to all these capabilities, Xactimate 27.1 provides users with a wealth of new features that ensure reliability and increase productivity.
"The enhancements in Xactimate 27.1 are based on feedback from a wide variety of professionals currently working in the field," said Vernon Davenport, Xactware’s director of European operations. "This diverse insight enables us to provide our users with practical solutions to challenges they encounter on a daily basis."
Among its many upgrades, Xactimate 27.1 lets users:
Visit Xactware’s website today to learn more about the latest version of Xactimate.
Xactware Solutions (Xactware) is a wholly owned subsidiary of Verisk Analytics specialising in the property insurance, refurbishment, and restoration industries. Xactware’s applications include buildings and contents estimating programs for PCs and tablet PCs, as well as powerful online systems for replacement-cost calculations, estimate tracking, and data trending in real time.
For more information about Xactware’s products and services, contact Xactware at 020 7680 4970 or visit www.xactware.co.uk.
Xactware Director of European Operations
+44 (0)207 680 4981