Xactware

A Look at the 2018 Severe Weather Season

Slow Start to the Season… During this spring and early summer, regions prone to severe thunderstorms saw significantly fewer storms. Oklahoma did not even have a confirmed tornado until May 1 st –...

Severe Thunderstorm Season Begins to Ramp Up

After a slow start to the season, the first weekend of strong thunderstorms moved across the South. Through the first three months of 2018, there were far fewer severe thunderstorm events across th...

January Update: Harsh Winter Sweeps Across the U.S.

As cold temperatures persisted across much of the U.S. through last weekend, the East Coast recovers from a strong winter storm. Arctic Temperatures across Central and Eastern US Since Christmas Da...

Smartphone technology facilitating customer collaboration with insurers

Until very recently, documenting home or motor damage or creating a spreadsheet of stolen property had been best left to insurance professionals. Now, our customers can be collaborators who can do...

Brexit effects on economy hitting U.K. construction costs

Theresa May has indicated she intends to trigger Article 50 of the Lisbon Treaty by the end of March 2017. After that, the United Kingdom has about two years to negotiate withdrawal from the Europe...

Smartphone video app enables insureds to collaborate in claims resolutions

There are more smart devices than there are people in the United Kingdom—with 130 per cent penetration. Almost everybody has a smartphone, according to Yahoo’s Flurry . We take more photos with...

Customers to benefit from unification of claims solutions

Claims handlers are familiar with both ISO Claims Outcome Advisor ® (COA ™ ), the top quantum evaluation tool, and Xactware’s claims-handling tools for the property market. But what they may not kn...

Reconstruction Costs Up Sharply across the United States and Canada

The latest reports of the 360Value® Overview of Property Reconstruction Cost Changes show reconstruction costs are higher in the United States and Canada compared with the same time last year. In t...

ISO Claims Outcome Advisor Named to Insurance Times TechAwards Short List

Insurance Times released its list of finalists for the annual TechAwards. ISO Claims Outcome Advisor ® was one of two Verisk Analytics units that made the cut for “Technology Partnership of the Yea...

Expect Replacement Cost Estimates to Rise in the Third Quarter

Overall, insurers can expect replacement cost estimates to increase in the third quarter of 2013. According to data from Xactware’s Industry Trend Reports, reconstruction costs in all 50 states are...