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About Xactimate

Xactimate is a data analytics software from Verisk that supports the insurance industry. It combines data-driven risk modeling, underwriting and rating, and claims processing so insurers can make informed decisions. The platform provides tools for life solutions, allowing insurers to effectively manage and analyze complex data sets. Xactimate's capabilities include accurate cost estimation - detailed reporting - comprehensive data integration - real-time analytics - reliable support for life and property insurance domains. Best for: insurance professionals that need precise data analytics for underwriting and claims management.

Xactimate Details

Vendor
Verisk
Year Launched
1971
Location
Verisk Analytics 545 Washington Boulevard Jersey City, NJ 07310-1686
Deployment
cloud, on premise, windows, linux
Training Options
videos
Countries Served
All Countries.
Languages
English, Spanish, French, German, Italian, Dutch, Portuguese, Swedish, Danish, Finnish, Norwegian, Chinese, Japanese, Korean, Russian, Polish, Turkish, Greek, Czech, Hungarian, Romanian, Bulgarian, Slovak, Slovenian, Croatian, Serbian, Ukrainian, Arabic, Hebrew, Hindi, Thai, Vietnamese, Indonesian, Malaysian, Tagalog, Malayalam, Tamil.
Users
Insurance Adjusters, Restoration Contractors, Construction Professionals, Claims Management Teams, Government & Municipal Claims Officials
Industries Served
Insurance (P/C Insurance, Life & Annuities, Reinsurance, Specialty Markets), Construction, Real Estate & Mortgage Servicing, Government & Municipalities, Transportation
Tags
Construction Estimating, Xactimate

Xactimate's In-App Market Place

Does Xactimate have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

0

Mini Apps

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CHF (CHF), INR (₹), CNY (¥), BRL (R$), RUB (₽), MXN (MXN$), NZD (NZ$), HKD (HK$), SEK (SEK), KRW (₩), SGD (S$)

Pros & Cons

  • Cloud syncing allows seamless coordination across multiple platforms (tablet, desktop, phone).
  • Industry-standard software with comprehensive insurance pricing data.
  • Efficient for writing estimates and generating detailed floor plans.
  • Provides itemized scope down to the trade level with valuable reporting features.
  • Customer service is responsive and helpful when needed.
  • The software is expensive, with additional costs for certain features and usage.
  • Steep learning curve; can be difficult to train new employees.
  • Only available on Windows; Mac users need additional software or a separate device.
  • Slow performance at times, affecting workflow efficiency.
  • Lacks built-in profit margins, which can lead to pricing disputes with insurance carriers.

Xactimate's Support Options

Email Address

info@verisk.com

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