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Property Damage Appraisers Adopts Xactware's Xactimate Solution to Provide Clients with Even Faster Cycle Times


PDA to use claims estimating solution to streamline property claims workflows

FORT WORTH, Texas, and LEHI, Utah — October 22, 2019 — Property Damage Appraisers (PDA) has announced its companywide implementation of Xactware's claims estimating solution, Xactimate®. Xactware is a Verisk (Nasdaq:VRSK) business.

PDA will harness Xactimate to enhance and streamline property claims workflows, increase consistency, and offer clients even shorter cycle times than its existing five-day service. With nearly half the company's 600 appraisers Xactimate-certified, each of the company's 250-plus offices across the United States now has a team member fully trained to complete all residential and commercial property claims.

"As the largest national independent damage appraisal firm in the United States, we know that the faster we complete the damage estimate, the faster the customers can get back to their lives,” said Tom Dolfay, chief executive officer of PDA. “We take pride in providing our clients rapid, reliable, and consistent service throughout our network that also brings peace of mind. By using Xactimate, our team members will be able to scope, document, and estimate property losses during the first site visit. This will not only shorten our cycle times, which are already faster than the industry average, but support us in our commitment to ensure our clients' policyholders can get back into their homes and businesses quicker."

Xactimate is Xactware's property claims solution, empowering insurance and restoration professionals to estimate a wide range of losses, from minor damage to total losses. The solution is available on desktop computers, online browsers, or mobile devices, enabling insurers, loss adjusters, restoration contractors, and specialized service providers to achieve greater speed and accuracy in their claims handling.

"We welcome the opportunity to work with an innovative organization like PDA," said Mike Fulton, Xactware's president. "By further streamlining their property workflows, they'll be able to enhance their full set of service offerings."

To learn more about PDA, visit www.pdacorporation.com.

For more information about Xactware, visit Xactware.com.

About Xactware

Xactware specializes in technologies for the property insurance, remodeling, restoration, and mortgage and lending industries. Xactware's tools provide claims estimating, contents replacement, claims management, and property maintenance solutions for desktop, mobile, and online platforms. Xactware's services include repair cost research and reports, aerial imagery, and real-time business intelligence. Xactware has been providing cloud services for customers since 1995. Xactware is a Verisk (Nasdaq:VRSK) business. For more information about Xactware's solutions, contact Xactware at 1‑800‑424‑9228 or Xactware.com.

About Property Damage Appraisers

Property Damage Appraisers, Inc. (PDA), the nationwide leading independent damage appraisal firm, is revolutionizing the industry by providing consistent quality products at speeds never experienced before across the United States, including guaranteed Same-Day Service, using a combination of technology and human expertise. PDA completes over 420,000 appraisals a year for heavy equipment, over-the-road truck, specialty equipment, auto, RV, boat, motorcycle and property damage through our national team of more than 600 local appraisers in more than 250 offices. Established in 1963, PDA's corporate headquarters is in Fort Worth, Texas.

For media information, please contact:

Jens Dana
Xactware Solutions
801‑932‑8653
jadana@verisk.com

Lauren Turner
Property Damage Appraisers
312‑526‑3996
lauren@nolimitagency.com

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