Estimation & Valuation
Fast, precise claims estimation
Get the latest news and insights on claims innovation
How Verisk actuaries found a use for a decades-old data distribution
The Zipf-Mandelbrot Law has rarely been used in insurance—until now.
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CMS releases updated Workers’ Compensation Medicare Set-Aside Reference Guide (Version 3.8) – changes impact CMS’s WCMSA re-review process
The Centers for Medicare and Medicaid Services (CMS) has released an updated Workers’ Compensation Medicare Set-Aside (WCMSA) Reference Guide (Version 3.8)
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CMS to hold NGHP Section 111 Webinar on December 6th at 1:00 p.m. ET
The Centers for Medicare and Medicaid Services (CMS) has announced that it will be holding a non-group health plan (NGHP) Section 111 webinar.
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Back to the drawing board: CMS’s future medicals proposals are withdrawn – where does this leave LMSAs?
As reported in our October update, the Centers for Medicare and Medicaid Services’ (CMS’s) future medicals proposals have been withdrawn.
Read the articleAssess injury claims with greater accuracy
Help improve your injury evaluations and claim triage with a proven solution that analyzes your company’s historical claims data and uses predictive analytics to generate highly accurate and consistent general damage assessments.
Detect claim severity faster
The earlier you identify a claim’s severity, the better you can triage it and contain costs. Our solution uses predictive analytics to help accurately detect workers’ comp claim severity as early as day one.
Streamline property claims estimation, improve customer experience
Simple, accurate property estimates
Simple, accurate property estimates
Create more precise estimates for any restoration job with the most comprehensive property estimation solution in the industry.
- Standardized component pricing and labor costs
- Price research includes more than 470 regions in the U.S. and Canada
Improve efficiency, streamline workflow
Improve efficiency, streamline workflow
Leverage a full-cycle property claims management and analytics tool that enables you to send and receive assignments, track status, view reports, and benchmark performance.
Verify storm damage claims
Verify storm damage claims
Get fast, precise, location-specific weather reports that help determine loss severity and accurate dates of loss.
Inspect damage remotely
Inspect damage remotely
Reduce inspection costs and improve customer satisfaction with a video collaboration tool that lets you assess property damage remotely via policyholder video or photos.
Improve personal property estimates and management
Improve personal property estimates and management
Estimate personal property claims with greater speed and precision with the largest contents database in the industry, and inventory, track, and return personal contents in your care quickly with the premier pack-out and pack-back management solution.
Get detailed business intelligence
Get detailed business intelligence
Create reports and dashboards from billions of rows of data with simple searches. This solution helps eliminate the need for dedicated resources, ad hoc reporting, or third-party tools by keeping data in your ecosystem.
Get 24/7 access to the Xactware online training center for both novice and advanced users.
Automate vehicle repair estimates
Automate vehicle repair estimates
Imagine if you could upload vehicle damage images and automatically know whether the vehicle is a total loss or repairable, and get detailed repair pricing in an instant. Our AI-powered image recognition technology will help make that a reality.
- Generates APD appraisals from policyholder photos
- Estimates damage severity and itemizes damaged parts
- Helps reduce inspection costs and speed damage estimation