Material and Labour Pricing Data

Pricing Data Services

Independently researched and rigorously localised pricing database

Addressing the Challenges of Outdated Rates and Lack of Claim Spend Visibility

Insurers' reliance on outdated or supplier-provided rates can lead to inconsistencies in claims settlements, inflated costs, and customer dissatisfaction. Additionally, a lack of visibility into claim spend makes it difficult for insurers to identify and address areas of potential cost savings.

Empower Accurate and Fair Claim Settlement with Reliable Pricing Data

Leverage the power of impartial analysis, detailed cost breakdowns, and comprehensive supply chain pricing insights to ensure fair and consistent claim settlements.

Impartial Analysis for Reliable Results

Pricing Data Services provide market-aligned pricing data, ensuring that indemnity spend is fair and consistent for both suppliers and customers. This transparency fosters trust and reduces the risk of disputes.

Detailed schedule for effective auditing and cost management

Providing a granular schedule that facilitates comprehensive auditing and cost control measures, based off of actual prices and transactions.

Pricing Across the Supply Chain

Eliminate inconsistencies in pricing estimates across the supply chain, with regionalised data ensuring accurate and reliable estimates can be provided.

Features and capabilities

Industry-leading Schedule of Rates for accurate repair estimates

Pricing Data Services, published through Xactimate, provides insurers the most current property repair costs, published quarterly across 9 UK regions. Based on extensive research and a network of experts, these rates ensure you stay aligned with current market costs.

Data-driven insights and expert support for informed decisions

Navigate complex claims with expert guidance. Our thought leadership offers insights and best practices in construction, repair, and cost management. We offer insurers access to trend reporting, expert consultations, and quarterly market analysis for informed decisions.

Tailored pricelists for specific needs

Insurers can request customised pricelists to meet the specific needs of their business. This flexibility ensures that insurers can reflect their unique pricing strategies and market conditions in their repair estimates.

Do more with the Verisk ecosystem

Learn more about our full suite of claims solutions that provide compliance, fraud analysis, and further property claims tools.

Contractor Working In Damaged Home On Tablet

Get in touch to learn more or book your demonstration

For product information, technical support or questions our team is available Monday through Friday, 8 a.m. - 5 p.m. GMT (except Bank Holidays, Christmas Day and New Year’s Day).

UK Contact Number:

+44203 8084265

Support:

You can access the Property eService Centre here.

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