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
- A rising retirement challenge: The license to spend
- Financial stress leaves less room for retirement saving
- Giving while you’re living: 3 frequently asked questions about gifting
- Helping clients prepare for one of their biggest retirement expenses
- Important year-end financial conversations every advisor must have
More Advisor NewsAnnuity News
- A rising retirement challenge: The license to spend
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
More Annuity NewsHealth/Employee Benefits News
Life Insurance News