360Value

A web-based software system designed by Xactware Solutions for finance & insurance companies.

Product Overview

360Value, part of Verisk, is a solution that provides reliable, component-based replacement cost estimates for insured commercial properties, addressing fluctuations due to improvements and market changes. It generates accurate estimates reflecting real-world labor and material prices, integrating extensive research, data feeds, and claims analyses.

360Value is designed to provide insurance companies with reliable and detailed replacement cost estimates for various property types. The software is detailed in its geographical cost considerations, covering over 400 regions in the US and considering factors like architect fees, permit fees, and sales tax.

Pros

  • Provides accurate cost estimates
  • Offers extensive data resources
  • Geographically detailed costs of properties
  • Personal Property Calculator estimates possessions' value within a structure

Cons

  • Steep learning curve for new users
  • Overly complicated interface comapred to other options
  • Limited Mac compatibility

Target Market

Commercial insurance companies and professionals needing detailed, accurate property replacement cost estimates.

About 360Value

Features

  • The industry’s most reliable cost research; the same research is used to settle a majority of insurance claims filed in the United States.
  • A database of information on more than 70 million residential properties in the US
  • A proven cost-modeling methodology that makes reliable estimates with minimal information needed from the user

Product Overview

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