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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 IBM Environmental Intelligence Suite?

Companies are facing threats to their assets from climate-related issues, disruptions in supply chains, and operational challenges, coupled with increasing pressure from consumers and investors to take on environmental responsibilities. As the impacts of climate change and extreme weather become more pronounced, it has grown more difficult for executives to assess how severe weather events affect their operations and to understand the environmental implications of their business practices. Without this vital information, businesses expose themselves to unexpected operational interruptions as well as potential regulatory and compliance risks. To help organizations tackle these challenges, the IBM Environmental Intelligence Suite provides a state-of-the-art, AI-powered SaaS solution aimed at equipping business leaders with the tools they need to navigate critical weather and environmental scenarios, all while gaining better insight into their ecological impact. This groundbreaking resource enables organizations to make strategic decisions that support both operational success and sustainable practices, fostering a balance between economic growth and environmental stewardship. Ultimately, adopting such advanced solutions is essential for businesses striving to thrive in a climate-conscious world.

Media

Media

Integrations Supported

Liberate
Xactimate

Integrations Supported

Liberate
Xactimate

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site 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

IBM

Date Founded

1911

Company Location

United States

Company Website

www.ibm.com/products/environmental-intelligence-suite

Categories and Features

Categories and Features

Environmental

Air Management
Auditing
Compliance Management
Document Management
Emissions Inventory
Hazardous Materials Control
Sustainability Management
Training Management
Waste Management
Water Management

Sustainability

Audit Management
Benchmarking
Compliance Management
Corrective Actions (CAPA)
Emissions Management
Employee Training
Energy Management
Incident Management
KPIs
Performance Metrics
Stakeholder Engagement
Supplier Management
Waste Management

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