{"id":23006,"date":"2025-01-03T17:02:43","date_gmt":"2025-01-03T17:02:43","guid":{"rendered":"https:\/\/www.insurance-canada.ca\/?p=82286"},"modified":"2025-01-03T17:02:43","modified_gmt":"2025-01-03T17:02:43","slug":"aviva-and-verisk-announce-strategic-integration-to-boost-property-claims-efficiency-in-canada","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2025\/01\/03\/aviva-and-verisk-announce-strategic-integration-to-boost-property-claims-efficiency-in-canada\/","title":{"rendered":"Aviva and Verisk Announce Strategic Integration to Boost Property Claims Efficiency in Canada"},"content":{"rendered":"<h3><em>Verisk\u2019s Xactware suite of products such as Xactimate, XactAnalysis, and XactXpert are designed to help insurers shorten claims cycle times and improve the policyholder experience<\/em><\/h3>\n<p>Jersey City, NJ (Dec. 21, 2024) \u2013 Verisk, a leading global data analytics and technology provider, and Aviva Canada, a premier provider of insurance solutions in Canada, are pleased to announce that Aviva will leverage Verisk\u2019s cutting-edge property estimation technology and insights for its claims handling solutions, enhancing accuracy and efficiency in processing for its partners and customers.<\/p>\n<p>The integration of Verisk\u2019s industry-leading Xactware suite of products \u2013 Xactimate, XactAnalysis, and XactXpert \u2013 directly into Aviva\u2019s environment is aimed at optimizing insurers\u2019 internal processes. These tools are designed to:<\/p>\n<ul>\n<li><strong>Enhance Accuracy and Fairness:<\/strong> XactXpert\u2019s real-time rules engine and Xactimate\u2019s precise estimation capabilities ensure fair claims settlements, fostering trust and transparency. XactAnalysis\u2019s benchmarking and tracking features enable data-driven decisions, optimizing the claims process.<\/li>\n<li><strong>Boost Efficiency and Productivity: <\/strong>XactXpert\u2019s immediate feedback and XactAnalysis\u2019s automation streamline operations, reducing delays and disputes. Xactimate accelerates estimation, allowing faster claim settlements.<\/li>\n<li><strong>Ensure Compliance and Quality:<\/strong> XactXpert maintains regulatory compliance while XactAnalysis provides robust tracking and reporting. This combination ensures high-quality, compliant claims processes across the ecosystem.<\/li>\n<\/ul>\n<p>\u201cBy leveraging these advanced tools, Aviva will be equipped to set a new standard in claims accuracy and reliability,\u201d said Shannon Spackman, Vice President, Property Claims at Aviva Canada. \u201cThese tools not only mitigate the frequency of revisions and disputes but they also contribute to a smoother, more reliable customer experience, showcasing a proactive step towards solving pervasive industry issues related to claims management.\u201d<\/p>\n<p>\u201cThe claims function is the ultimate customer-facing unit for any insurer,\u201d added Joel Dagenais, chief operating officer for Verisk Property Estimating Solutions. \u201cAt Verisk, we are committed to continuously innovating so that our clients and partners can deliver superior service to their customers. We\u2019re proud to support Aviva in delivering exceptional value to its customers and stakeholders.\u201d<\/p>\n<p>Xactware\u2019s suite of products supports professionals in the property insurance, remodeling and restoration industries. These solutions include estimating software programs for PCs and tablet PCs, as well as powerful online systems for replacement-cost calculations, estimate tracking and data trending in real time. Designed for adaptability, these solutions help Verisk clients deliver more accurate local estimates and task assignments for property insurance claims and empower users to achieve maximum efficiency in managing jobs and settling claims.<\/p>\n<h4 class=\"smallhead\"><b>About Verisk<\/b><\/h4>\n<p>Verisk&nbsp;<em>(Nasdaq:VRSK)<\/em> is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, sustainability and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more information, please visit <a href=\"https:\/\/www.verisk.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">www.verisk.com<\/a>.<\/p>\n<h4 class=\"smallhead\"><b>About Aviva Canada<br \/><\/b><\/h4>\n<p>Aviva Canada is one of the leading property and casualty insurance groups in the country, providing home, automobile, lifestyle, and business insurance to 2.4 million customers. As a subsidiary of UK-based Aviva plc, Aviva Canada has more than 4,000 employees focused on creating a sustainable future for our people, our customers, our communities and our planet. In 2021, Aviva plc announced Aviva\u2019s global ambition to become a net zero carbon emissions company by 2040. For more information, visit <a href=\"https:\/\/www.aviva.ca\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">aviva.ca<\/a>.<\/p>\n<p class=\"referencetext\"><em>Source: Verisk<\/em><\/p>\n<p> Tags: <a href=\"https:\/\/www.insurance-canada.ca\/tag\/aviva\/\" rel=\"tag\">Aviva<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/claims\/\" rel=\"tag\">claims<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/claims-solution\/\" rel=\"tag\">claims solution<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/estimating-solution\/\" rel=\"tag\">Estimating Solution<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/platform-integration\/\" rel=\"tag\">platform integration<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/verisk\/\" rel=\"tag\">Verisk<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Verisk\u2019s Xactware suite of products such as Xactimate, XactAnalysis, and XactXpert are designed to help insurers shorten claims cycle times and improve the policyholder experience Jersey City, NJ (Dec. 21, 2024) \u2013 Verisk, a&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/23006"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=23006"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/23006\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=23006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=23006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=23006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}