The newly released Actionable Xactimate Profile, an estimating solution that provides equal credence to overages as well as omissions within an estimate, is designed to create better outcomes for policyholders, carriers, and contractors alike.
Insurance carriers have been creating their own Xactimate profiles for decades. Insurance Program agreements administered by third-party administrators prescribe that contractors use these carrier-specific Xactimate profiles when writing scopes within a program work environment. These Xactimate profiles manipulate the graphical estimating waste calculations and provide Inspection Engine overages rules.
The new Xactimate Profile has been tested by industry professionals.
"I wrote my first estimate in the Actionable Profile, a simple $25,000 flooring estimate," said Derek Stone, senior estimator and project manager of Midwest Remediation. "It found three omissions that I didn’t think of. Actionable Insights has made a beast of an estimating tool; I am impressed.”
The new Actionable Xactimate profile is built on the Insight Sheet Database which is comprised of Xactimate estimating and invoicing templates for Mitigation and Repair activities performed in property insurance.