Xactware Enhances XactAnalysis Quality Review - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Get our newsletter
Order Prints
November 2, 2010
Share
Share
Post
Email

Xactware Enhances XactAnalysis Quality Review

Copyright:  unknown
Source:  PR Web
Wordcount:  396

Orem, UT (PRWEB) November 2, 2010

Xactware has enhanced its quality assurance solution, XactAnalysis® Quality Review, to help automate many reinspection tasks, increase productivity, and maintain quality in claims handling.

XactAnalysis QR is an optional module available in Xactware's full-cycle claims management network, XactAnalysis®, that lets insurance carriers reinspect claims assignments to make sure repair estimates appropriately match the work required to restore a structure. The solution now supports an integration that allows users to download reinspection assignments directly to Xactimate®, Xactware's claims estimating software solution, so they can reinspect claims faster and more effectively.

"Reinspection is a great way to ensure that claims are settled properly," said K.C. Agrelius, Xactware's assistant vice president of XactAnalysis. "However, it's typically a long, cumbersome process. With the new integration between XactAnalysis QR and Xactimate, that's no longer the case."

The new enhancement works in this fashion: When a claim is flagged for review, the reinspector can download a copy of the original assignment to Xactimate -- including the estimate, sketches, photos, and more. From there, the reinspector can examine the claim details to make sure the loss was properly scoped and that the estimate includes rates for all materials and labor necessary to repair the structure. If room dimensions were recorded incorrectly, the reinspector can quickly adjust them, and if repair items were overestimated, underestimated, or misidentified, they can be easily fixed.

As those changes are made, Xactimate automatically recalculates surface areas and quantities of repair items to refine the final estimate total. Once completed, the reinspector can return the report to company headquarters via XactAnalysis.

"There's no more need to enter data or recalculate estimate totals by hand during reinspection," Agrelius said. "Carriers can use the new features in XactAnalysis QR to save hours of time on reinspecting claims, while maintaining their ability to offer high levels of customer service."

Visit http://www.xactware.com to learn more about the new features contained in XactAnalysis QR.

About Xactware

Xactware Solutions (Xactware) is a wholly owned subsidiary of Verisk Analytics specializing in the property insurance, remodeling, and restoration industries. Xactware's technology tools include software 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 1-800-424-9228 or contact us online.

###

Read the full story at http://www.prweb.com/releases/2010/11/prweb4728814.htm

Advisor News

  • Temporary tax hike to fill Medicaid gap heads to governor
  • Iowa Senate sends health insurer tax increase to governor’s desk
  • Temporary tax hike to fill Iowa Medicaid gap heads to governor’s desk
  • Iowa Medicaid temporary tax plan draws sharp public opposition
  • EDITORIAL: Make responsible tax cuts, increases
More Advisor News

Annuity News

  • Corebridge, Equitable merge to create potential new annuity sales king
  • LIMRA: Final retail annuity sales total $464.1 billion in 2025
  • How annuities can enhance retirement income for post-pension clients
  • We can help find a loved one’s life insurance policy
  • 2025: A record-breaking year for annuity sales via banks and BDs
More Annuity News

Health/Employee Benefits News

  • New Cancer Study Results Reported from Duke University (Medicare Value-based Approaches and Care Use Among Commercially Insured Adults): Oncology – Cancer
  • RRPS sees instructional, health care, capital changes from legislative session
  • Medicaid cuts could add pressure to already-stressed psychiatric units
  • Health care costs in Colorado will grow under federal policy, patient advocates say; Sen. Hickenlooper says measure to require price transparency will help balance market
  • Aflac adds new long-term care rider
More Health/Employee Benefits News

Life Insurance News

  • Corebridge, Equitable Merger Creates $1.5tr Platfrom
  • AM Best Removes from Under Review with Positive Implications and Affirms Credit Ratings of Sompo Seguros Mexico S.A. de C.V.
  • Corebridge, Equitable merge to create potential new annuity sales king
  • Aflac adds new long-term care rider
  • AM Best Affirms Credit Ratings of Nan Shan General Insurance Co., Ltd.
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

Your Cap. Your Term. Locked.
Oceanview CapLock™. One locked cap. No annual re-declarations. Clear expectations from day one.

Ready to make your client presentations more engaging?
EnsightTM marketing stories, available with select Allianz Life Insurance Company of North America FIAs.

Unlock the Future of Index-Linked Solutions
Join industry leaders shaping next-gen index strategies, distribution, and innovation.

Press Releases

  • Insurate expands workers’ comp into: CA, FL, LA, NC, NJ, PA, VA
  • LifeSecure Insurance Company Announces Retirement of Brian Vestergaard, Additions to Executive Leadership
  • RFP #T02226
  • YourMedPlan Appoints Kevin Mercier as Executive Vice President of Business Development
  • ICMG Golf Event Raises $43,000 for Charity During Annual Industry Gathering
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet