A claims manager’s work can be challenging, especially when there’s little insight into what occurs throughout the life of the claims. You need to follow key metrics related to the claims workflow and cycle times, as well as benchmark your performance against the industry to continually improve in the highly competitive landscape.
Drastically reduce cycle times, saving time and money while increasing customer satisfaction.
Get claim information at every level, everything from the details of a single flooring item to receiving an alert of all claims over $10,000 in a given region. You can even have the system monitor trends and inform you of price deviations.
Fit XactAnalysis to your needs. Integrate ClaimXperience with your in-house systems and set up rules to alert you to certain events. You can set alerts for individual claims or from monthly reports. You can also tailor the rules for different roles, claims, or trades.
Get a complete view. Track the progress of any file, manage the approval process, and mark files for follow-up. You can also compare original and corrected estimates and review claims in real time.
The Review Queue provides automatic management of your QA and re-inspection workflows. Your review teams will have everything they need for a desk audit: digital images, sketched floor plans, and detailed estimate reports.
Quickly create new assignments in bulk rather than one-by-one. Simply download a .csv template from XactAnalysis and populate it with claims data (up to 500 rows per file).
Alert your adjusters of potential issues during the initial estimate—the most effective time to make changes. Electronic audits flag items while network audits that run on each file inform QA teams of any issues, allowing them to make the most of their review time.
View performance metrics based on a variety of criteria, such as cycle times, customer satisfaction, and estimate quality. You can generate an overall rating you can use to determine if teams are meeting company standards and where to make improvements.
The XactAnalysis Network is a secure extranet with the most advanced encryption available. It lets industry players exchange and manage estimate data in real time, supporting claims data from auto, workers comp, contents, and property lines of insurance.
Set up Benchmark weather alerts to automatically validate whether a reported date of loss corresponds with actual weather events. Learn about Benchmark alerts.
XactAnalysis lets you link and manage multiple assignments associated with a single claim file, giving you an overview of the activities that occur on each of those assignments.
Discover the comprehensive suite of property estimating and claims solutions from Verisk, each designed to enhance the life cycle of every claim
Accelerate the claims cycle with the collaborative portal that helps streamline the claims process and elevates the policyholder experience.
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The most powerful and comprehensive solution for property claims estimating.
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Keep customers in the loop on the pack-out and pack-back process and keep track of everything.
Get critical claims data insights faster with an intuitive interface that learns as you use it and speaks your language.