Xactware Announces New Vai-Powered Technology for Image Detection to Assist the Contents Packout Industry
April 23 2020 - 8:00AM
Packout professionals can save significant time inventorying
contents items with new Verisk VaiTM technology in Xactware’s
ContentsTrack® app. Xactware is a Verisk (Nasdaq:VRSK) business
with decades of experience providing contents estimating and
packout solutions.
Object Recognition accelerates contents inventorying by allowing
packout professionals to use the camera on smart devices to
identify personal property items, capture a photo to document its
condition, and enter an item description. This new feature in
ContentsTrack is part of the next generation of InsurTech solutions
powered by Verisk artificial intelligence and automation, or
Vai.
“The success of a packout comes down to one factor: efficiency,”
said Xactware President Mike Fulton. “The faster you can inventory
thousands of personal property items and transport them to the
warehouse, the faster you can restore those items and return them
to satisfied homeowners. With Object Recognition, packout
professionals can operate with even greater efficiency while
on-site.”
To use Object Recognition, packout professionals open the
ContentsTrack app on their smart device and then tap to add a new
item to the inventory. They can then point their smart device
camera at the object. The Vai object-recognition technology
identifies the item, enters a description, and lets the packout
professional select “Clean,” “Replace,” “Questionable,” or
“Storage” from a list of options.
“It’s a game changer for us to be able to just take a picture
and have Object Recognition help create the inventory,” said Holly
Murry, vice president of FRSTeam. “It adds further transparency in
our claims process, which is amazing.”
Object Recognition is currently available in ContentsTrack for
iOS and will be available in ContentsTrack for Android in May 2020.
To learn more, visit Xactware.com.
About XactwareXactware 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 www.Xactware.com.
For media information, please contact:
Jens Dana
801-932-8653
jadana@verisk.com
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