Verisk Analytics announces launch of Xactimate Time & Materials

Verisk announced the launch of Xactimate Time & Materials, an innovative tool accessible through the Xactimate platform that is designed to revolutionize the property estimation process by simplifying cost tracking and enhancing transparency for large loss residential and commercial jobs. With Xactimate Time & Materials, users can easily estimate or capture costs, leveraging Xactimate’s extensive line items and pricing. “We believe Xactimate Time & Materials will be a significant asset for restoration and renovation contractors,” said Aaron Brunko, President, Property Estimating Solutions. “By helping eliminate project bottlenecks and streamlining job cost tracking, our solution empowers service providers to stay on budget, maintain profitability and achieve greater confidence in the accuracy of their estimates for all projects, including large-scale commercial jobs. We are excited about this new capability and how it will complement Verisk’s suite of commercial property solutions.”