Xactware Enhances XactAnalysis Quality Review
| Copyright: | unknown |
| Source: | PR Web |
| Wordcount: | 396 |
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
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
###
Read the full story at http://www.prweb.com/releases/2010/11/prweb4728814.htm



Advisor News
- Millennials are ready to bring their advisor to the family table
- How healthcare inflation can eat up a client’s retirement income
- Global economy ‘resilient’ in the wake of massive disruption
- Cryptocurrency legislation takes one step forward with bipartisan support
- IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
More Advisor NewsAnnuity News
- NAIC regulators continue pushing for annuity illustration updates
- Wink: Flat first-quarter annuity sales fall just short of $100B
- 26North Re Agrees to Acquire 100% of Independent Insurance Group
- Matthew Michelini named Athene president, with an eye on annuity growth
- Lincoln Financial Announces Executive Leadership Transitions
More Annuity NewsHealth/Employee Benefits News
- Peabody moves forward $200 trash fee
- Sheridan Capital Partners Completes Investment in National Alternative Health Insurance Technology Company Tres Health
- Column: NC's Medicaid Program Is Working But Needs Strengthening to Help Everyone
- AG sues insurers over alleged price‑fixing scheme
- Conservative group alleges 6M fraudulently enrolled in ACA
More Health/Employee Benefits NewsLife Insurance News
- Pradip Patiath Joins Securian Financial Board of Directors
- Over $107 million in life insurance benefits located for Tennesseans in 2025
- Study Data from National Institutes of Health Provide New Insights into Law and the Biosciences (Taking actuarial fairness seriously: what is required for the ethical use of genetics in insurance?): Legal Issues – Law and the Biosciences
- 26North Re Agrees to Acquire 100% of Independent Insurance Group
- Lincoln Financial Announces Executive Leadership Transitions
More Life Insurance News