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What is Xactware Benchmark?

Benchmark provides prompt analysis reports on natural hazards related to weather events, which include specific loss dates for properties along with historical information about hail, wind, and lightning, all available via Verisk platforms such as Xactimate and XactAnalysis. Users, both new and existing, can easily access the Benchmark integration within their claims on XactAnalysis, as well as in the documents section of Xactimate. Reports can be retrieved effortlessly by selecting options from the “select an action” drop-down menu in XactAnalysis while managing claims. The data for Benchmark in both XactAnalysis and Xactimate is sourced from Respond™, which delivers near real-time analysis and forecasting for weather-related events, offering localized assessments for various natural hazards including hail, wind, lightning, tornadoes, wildfires, hurricanes, and more. Moreover, the Benchmark database provides an extensive and reliable record of both catastrophic and non-catastrophic natural hazard events, which includes data on hail, wind, rain, and lightning, ultimately aiding in effective decision-making processes. This all-encompassing resource guarantees that users have the most current and precise information available, facilitating improved risk management and strategic response planning. By leveraging such detailed insights, organizations can enhance their preparedness for potential weather-related challenges.

What is Geospiza PATH?

Geospiza PATH™ serves as an intuitive platform tailored for the evaluation of climate-related risks, equipping risk managers, sustainability teams, operations staff, and asset managers with the tools necessary to accurately assess and alleviate the dangers posed by climate change and natural disasters. The platform visually delineates how various assets are susceptible to threats like floods, extreme temperatures, droughts, hurricanes, cyclones, and wildfires, while also evaluating the potential costs and advantages of several risk management approaches. By incorporating up-to-date climate change information, Geospiza allows for a seamless shift from uncertain risks to practical solutions. Users can apply climate change analytics and disaster modeling across diverse sectors, including infrastructure, workforce, investments, and regions of strategic significance, all presented through an interactive map. By engaging with sophisticated climate risk models, organizations can achieve an in-depth understanding of the environmental challenges confronting them. Following a careful examination of these risks, businesses can formulate a strong strategy focused on risk reduction, resilience building, and adaptation to the effects of climate change, thereby ensuring a proactive stance against future adversities. This extensive framework not only aids in immediate decision-making but also encourages the adoption of sustainable practices over the long term, reinforcing a commitment to environmental responsibility. Ultimately, Geospiza PATH™ empowers users to navigate the complexities of climate risks with confidence and clarity.

Media

Media

Integrations Supported

Liberate
Xactimate

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Online Training

Company Facts

Organization Name

Xactware

Date Founded

1986

Company Location

United States

Company Website

www.xactware.com/en-us/solutions/weather-analytics/benchmark/overview/

Company Facts

Organization Name

Geospiza

Date Founded

2017

Company Location

United States

Company Website

geospiza.us/solutions/

Categories and Features

Weather Intelligence

Not specified

Categories and Features

Climate Risk

Not specified

EHS Management

Not specified

Weather Intelligence

Not specified

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