{"id":499013,"date":"2021-05-26T09:05:57","date_gmt":"2021-05-26T13:05:57","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/new-xactimate-feature-helps-property-professionals-estimate-and-manage-water-mitigation-interior-and-exterior-claims-in-minutes\/"},"modified":"2021-05-26T09:05:57","modified_gmt":"2021-05-26T13:05:57","slug":"new-xactimate-feature-helps-property-professionals-estimate-and-manage-water-mitigation-interior-and-exterior-claims-in-minutes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-xactimate-feature-helps-property-professionals-estimate-and-manage-water-mitigation-interior-and-exterior-claims-in-minutes\/","title":{"rendered":"New Xactimate Feature Helps Property Professionals Estimate and Manage Water Mitigation, Interior and Exterior Claims in Minutes"},"content":{"rendered":"

\nVerisk introduces SmartScope at no cost for Xactimate Pro License users, new easy-to-use features available without downloads
\n<\/h2>\n
\n

LEHI, UTAH, May 26, 2021 (GLOBE NEWSWIRE) — Property professionals can now save significant time estimating and managing water mitigation, interior and exterior claims with SmartScope<\/u>TM<\/u><\/sup><\/a>, a new feature in Verisk\u2019s Xactimate\u00ae and XactAnalysis\u00ae solutions. Verisk (Nasdaq:VRSK) is a leading global provider of predictive analytics and decision-support solutions. <\/p>\n

The new\u00a0SmartScope<\/u>TM<\/u><\/sup><\/a>\u00a0feature in Xactimate, powered by Vai<\/u>TM<\/u><\/sup><\/a>, rapidly guides property professionals through the estimating and repair process for water mitigation, interior and exterior claims. Estimators simply answer dynamic questionnaires, apply line items, select property characteristics and then SmartScope automatically calculates repair costs. Water mitigation technicians can create floor plan diagrams, manage equipment placement and enter moisture readings from Xactimate mobile.<\/p>\n

Xactimate and XactAnalysis are powerful claims-estimating and claims management solutions developed by Verisk\u2019s Xactware business. SmartScope is part of the next generation of InsurTech powered by Verisk artificial intelligence and automation, or Vai.<\/p>\n

\u201cVerisk and Xactware remain committed to helping property professionals shorten workflows with higher-quality and more efficient outcomes,\u201d said Xactware President Mike Fulton. \u201cWe couldn\u2019t be more pleased to introduce this new set of tools to greatly enhance efficiency, speed, quality and consistency throughout the estimating and claims management process. Further, the SmartScope toolset is included at no additional cost with each Xactimate Pro license, requiring no additional software to download or install, nor additional transaction fees for the use of SmartScope.\u201d<\/p>\n

SmartScope enables property professionals to work directly from within Xactimate\u2019s Sketch tool \u2014 using digital diagrams either imported from third-party services or manually created \u2014 to answer questions in dynamic forms that are auto-generated for each applicable job type. SmartScope then applies the appropriate quantity of line items and fully audits and scores the estimate based on building techniques and general scoping practices, such as the IICRC\u2019s S500 standards for water mitigation or a company\u2019s specific scoping rules. Estimators can even create, measure and score custom drying plans for water mitigation losses.<\/p>\n

\n Xactware customers excited by SmartScope benefits<\/strong>
\n
\u201cSmartScope is the first tool on the market to be able to help our franchises capture and guide them through a better scope and audit as they are doing the job,\u201d ServPro Chief Information Officer Jeff Fields said. \u201cIt also benefits our insurance clients and our customers by providing a more accurate scope and allows us to adjust the scope while the job is in progress.\u201d<\/p>\n

American Technologies, Inc. President Jeff Moore also sees benefits for estimators, clients and insurance companies: \u201cSmartScope provides ATI with assurance in knowing we will continually exceed customer expectations while better managing the business through the creation of consistent, accurate and quality estimates for various job scenarios. SmartScope will also benefit the industry as a whole, by reducing the complexity and errors of an ever-increasingly rule-driven industry.\u201d <\/p>\n

SmartScope will be available with the latest version of Xactimate\u00a0Pro\u00a0starting June 29 to profiles with the feature flag enabled.\u00a0SmartScope is available with the latest version of Xactimate Pro. To learn more about this new feature, watch the \u201cA New Approach to Water Mitigation\u201d session at VeriskElevate.com<\/u><\/a>.<\/p>\n

\n About Verisk<\/strong>
\n
Verisk (Nasdaq:VRSK) provides predictive analytics and decision support solutions to customers in the insurance, energy and specialized markets, and financial services industries. More than 70 percent of the FORTUNE 100 relies on the company\u2019s advanced technologies to manage risks, make better decisions and improve operating efficiency. The company\u2019s analytic solutions address insurance underwriting and claims, fraud, regulatory compliance, natural resources, catastrophes, economic forecasting, geopolitical risks, as well as environmental, social and governance (ESG) matters. Celebrating its 50th anniversary, the company continues to make the world better, safer and stronger, and fosters an inclusive and diverse culture<\/u><\/a> where all<\/em> team members feel they belong. With more than 100 offices in nearly 35 countries, Verisk consistently earns certification by Great Place to Work<\/u><\/a>. For more: Verisk.com<\/u><\/a>, LinkedIn<\/u><\/a>, Twitter<\/u><\/a>, Facebook<\/u><\/a> and YouTube<\/u><\/a>. <\/p>\n

\n Media Contact:<\/strong>
\n
Ali Krueger Herbert
Verisk
551-204-6592
Ali.krueger@verisk.com<\/u><\/a><\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Verisk introduces SmartScope at no cost for Xactimate Pro License users, new easy-to-use features available without downloads LEHI, UTAH, May 26, 2021 (GLOBE NEWSWIRE) — Property professionals can now save significant time estimating and managing water mitigation, interior and exterior claims with SmartScopeTM, a new feature in Verisk\u2019s Xactimate\u00ae and XactAnalysis\u00ae solutions. Verisk (Nasdaq:VRSK) is a leading global provider of predictive analytics and decision-support solutions. The new\u00a0SmartScopeTM\u00a0feature in Xactimate, powered by VaiTM, rapidly guides property professionals through the estimating and repair process for water mitigation, interior and exterior claims. Estimators simply answer dynamic questionnaires, apply line items, select property characteristics and then SmartScope automatically calculates repair costs. Water mitigation technicians can create floor plan diagrams, manage equipment placement and enter … <\/p>\n

Continue reading “New Xactimate Feature Helps Property Professionals Estimate and Manage Water Mitigation, Interior and Exterior Claims in Minutes”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-499013","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNew Xactimate Feature Helps Property Professionals Estimate and Manage Water Mitigation, Interior and Exterior Claims in Minutes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-xactimate-feature-helps-property-professionals-estimate-and-manage-water-mitigation-interior-and-exterior-claims-in-minutes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Xactimate Feature Helps Property Professionals Estimate and Manage Water Mitigation, Interior and Exterior Claims in Minutes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Verisk introduces SmartScope at no cost for Xactimate Pro License users, new easy-to-use features available without downloads LEHI, UTAH, May 26, 2021 (GLOBE NEWSWIRE) — Property professionals can now save significant time estimating and managing water mitigation, interior and exterior claims with SmartScopeTM, a new feature in Verisk\u2019s Xactimate\u00ae and XactAnalysis\u00ae solutions. Verisk (Nasdaq:VRSK) is a leading global provider of predictive analytics and decision-support solutions. The new\u00a0SmartScopeTM\u00a0feature in Xactimate, powered by VaiTM, rapidly guides property professionals through the estimating and repair process for water mitigation, interior and exterior claims. Estimators simply answer dynamic questionnaires, apply line items, select property characteristics and then SmartScope automatically calculates repair costs. 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