News
MSB Media Contact:
Kayla Merker
262-798-3641
kayla.merker@msbinfo.com
// 05.23.13
MSB and Weather Fusion Form Strategic Roof Partnership
Marshall & Swift/Boeckh (MSB), the leading provider of building cost data and analytics to the Property Insurance Industry and Weather Fusion, the leading provider of weather verification services to the insurance and construction industries, announced today that they are forming a strategic partnership aimed at helping insurance carriers proactively identify pre-existing hail damage on new business and renewal portfolio. The MSB and Weather Fusion collaboration will offer advanced analytics and portfolio reviews to optimize underwriting performance and mitigate roof-related loss expenses.
// 04.23.13
Marshall & Swift/Boeckh and ACS Provide Real-Time Estimates and Carrier Upload
Marshall & Swift/Boeckh (MSB), the leading provider of building cost data and estimating technology, and Agency Computer Systems (ACS), a leading provider of comparative rating software, have entered into a partnership agreement to provide ACS2000™ clients with an integrated, “once-and-done” Insurance to Value (ITV) workflow-MSB’s Residential Component Technology™ (RCT) and seamless ITV upload. When this technology is implemented by ACS2000, it will enable real-time ITV processing to improve speed and workflow efficiencies, which will lead to greater productivity and increased revenue opportunities for agents and carriers.
// 01.30.13
MSB and BuildFax Expand Strategic Partnership in Homeowners Insurance
Marshall & Swift/Boeckh (“MSB”), the leading worldwide provider of building cost data and estimating technology to the Property Insurance industry and BuildFax, creators of the Property & Casualty Insurance industry’s only national database of building, remodel and repair data, announced today that they are expanding their existing partnership to include advanced analytics and the integration of BuildFax data into MSB’s industry-leading homeowners inspection optimization analytic solution, InspectView.
// 01.16.13
Marshall & Swift/Boeckh and Multico Rating Systems, Inc. Create Once and Done Homeowners Transaction
Marshall & Swift/Boeckh (“MSB”), the leading provider of building cost data and estimating technology to the property insurance industry, and Multico Rating Systems, Inc., a leading provider of innovative software to the insurance industry, have entered into a partnership agreement to provide Multico-Online™ clients with the seamless integration of pre-filled property data using MSB’s Residential Component Technology™ (RCT). Utilizing this technology, Multico-Online now enables real-time “once and done” Insurance to Value (ITV) processing to improve speed and workflow efficiencies, leading to greater productivity and increased revenue opportunities for agents and carriers.
// 11.28.12
Marshall & Swift/Boeckh and Pictometry Partner to Bring Aerial Oblique Imagery to More Insurers
Milwaukee, WI (November 28, 2012) – Marshall & Swift/Boeckh (“MSB”), the leading worldwide provider of building cost data and estimating technology to the property insurance industry and Pictometry International Corp., the leading provider of data-rich aerial imagery, analytics, integrations and reports, announced today that they are partnering to bring the industry’s leading professional-grade Risk Visualization capability to RCT Express, enhancing accuracy of risk assessment capabilities at policy creation for insurers.
// 11.27.12
Decision Insight Information Group Announces New Executive Appointment
MILWAUKEE, WI – November 26, 2012 – Decision Insight Information Group (“DIIG”), a leading provider of risk management and due diligence solutions to the insurance, financial and real estate industries and a TPG portfolio company, today announced the appointment of a new chief executive officer of its insurance business and a broader realignment of its group management structure.
Decision Insight Information Group includes the following market groups: DIIG Insurance, comprised of Marshall & Swift/Boeckh and a strategic investment in Symbility Solutions; DataQuick, which provides property data, analytics and services to the mortgage industry; DIIG Europe, which includes SearchFlow, Millar & Bryce, Rochford Brady Group, Decision Insight Hub, xit2 and Decision First, a joint venture with First Title; and Access Point Information Canada.
// 11.15.12
Smithfield & Wainwright Collaborates with MSB on Valuation Solution for the U.S. Real Estate Markets
Smithfield & Wainwright (S&W), in collaboration with Marshall & Swift/Boeckh (MSB), has released its ground breaking, Residential Asset Monitoring (RAM) solution.
// 11.15.12
Vertafore First to Integrate MSB?s GCX Network Improving Homeowner Insurance Policy Issuance
Marshall & Swift / Boeckh (MSB), today announced that Vertafore PL Rating is the first comparative rater to implement its Grand Central Express (GCX) Network solution.
// 10.31.12
Marshall & Swift/Boeckh?s Latest InterChange Expansion
// 08.13.12
Top-10 Carrier Selects Marshall & Swift/Boeckh's EnVision Analytics Portal
// 08.03.12
Marshall & Swift/Boeckh and IMT Computer Services Partner
Marshall & Swift/Boeckh and IMT Computer Services Partner to Create
Once and Done Homeowners Transactions
// 06.21.12
MSB ITV Index for Residential Properties
Marshall & Swift/Boeckh Insurance to Value Index for Residential Properties Continues to Improve
New report shows 61% of homes in the U.S. are undervalued by an average of 18%, a continuing improvement over prior years’ results
// 04.16.12
Marshall & Swift/Boeckh Announces Enhancements to Claims Dataset
The best-in-class cost data just got even better; more data details and greater granularity further enhances claims data solutions
// 04.11.12
Decision Insight Information Group Becomes Largest Shareholder of Automated Benefits
Decision Insight and TPG Capital Join Automated Benefits’ Board; Agreement Strengthens Two Powerful Solutions – MSB and Symbility – in the Property Insurance Market
// 01.31.12
// 01.25.12
SYMBILITY AND MARSHALL & SWIFT/BOECKH JOIN FORCES
Symbility AND MARSHALL & Swift/Boeckh JOIN FORCES TO CREATE A
BEST-OF-BREED SOLUTION FOR THE PROPERTY CLAIMS INDUSTRY
// 12.08.11
MSB Announces New, Expanded Role for Industry-Recognized Underwriting Executive, Steve Brewer
Brewer will bring new strategic vision and leadership to
MSB’s underwriting solutions business.
// 11.04.11
MSB Announces Partnership with BuildFax, Industry's Leading National Building Permit Database
Partnership will bring significant improvements in property business operating results through new permit-driven Insurance to Value monitoring solution.
// 11.03.11
Marshall & Swift/Boeckh Insurance to Value Index for Residential Properties Once Again Improves
New report shows 64% of homes in the U.S. are undervalued by an average of 18%, a significant improvement over last year’s results.
// 08.08.11
MSB Studies Total Losses at Slave Lake
MSB joins Co-operators and Alberta Motor Association in reviewing reconstruction costs
and insured values after recent wildfires.
// 04.19.11
MSB Launches New California DOI Insurance to Value Education Course
Marshall & Swift/Boeckh (MSB) announced today that they have launched a new course through their Virtual Academy - specifically designed to satisfy the recently adopted California Department of Insurance regulation #2010-00001. This course is certified by the state of California with their new ITV designation for the full 3 hours of credit required. Insurance agents and brokers are now required to provide specific home characteristics and cost details related to insurance to value when dealing with consumers. All licensed insurance individuals who sell personal homeowners or dwelling policies and work with the consumers are required to have 3 hours of continuing education credit with the ITV designation by the effective date of the new regulation of June 27, 2011.
// 02.02.11
MSB and Sequoia Insurance Company Partner
This industry-leading partnership will offer the insurance industry a new solution to estimate contents exposure on commercial policies.
// 01.18.11
FSC Signs Partnership Agreement to Provide MSBs RCT Express, Interchange and GCX Network
Marshall & Swift/Boeckh (MSB), the leading provider of building cost information and services, today announced a new partnership with FSC to provide MSB’s Residential Component Technology (RCT) Express, Interchange and Grand Central Express (GCX) Network to its customers. This seamless integration of pre-filled property data and standardized RCT calculations into the FSC Rater system creates a real-time once and done workflow for agents.
// 01.05.11
Marshall & Swift/Boeckh (MSB) Announces Purchase By TPG Capital
MILWAUKEE, WI – January 5, 2011 – Marshall & Swift/Boeckh (MSB) today announced that MacDonald Dettwiler and Associates (MDA) has sold MSB to TPG Capital (TPG) – a well known global investment firm with more than $48 billion in assets under management and with strong experience supporting companies in the insurance and financial services marketspace. The transaction closed on January 4, 2011.
// 11.10.10
Farmers Chooses MSB Cost Information for Claims Initiatives
Farmers Insurance (Farmers®), the third largest personal lines property and casualty insurer in the U.S., has chosen Marshall & Swift/Boeckh (MSB), an MDA company, to provide cost information for estimating property claims. “The accuracy and completeness of the MSB data coupled with the ease of use tailored by the MSB staff proved this to be the natural choice for our business to prepare for the next evolution of the claims landscape,” said Claims Senior Vice President James Daues.
// 11.05.10
Marshall & Swift/Boeckh (MSB) Announces Agreement To Be Purchased
Marshall & Swift/Boeckh (MSB) today announced that MacDonald Dettwiler and Associates (MDA) has signed definitive agreements to sell MSB to TPG Capital (TPG) – a well known global investment firm with $47 billion in assets under management and with strong experience supporting companies in the insurance and financial services marketspace. The transaction is slated to close late in 2010 or early 2011, subject to customary approvals.
// 09.07.10
MSB Launches Agent/Broker Virtual Academy
On-demand program increases agent productivity with industry-leading training
Milwaukee, WI - (September 7, 2010) – Marshall & Swift/Boeckh (MSB) has launched its new MSB Virtual Academy, an on demand professional development program for agents and brokers in the United States and Canada. This program allows agents and brokers to become more productive in using MSB tools like Residential Component Technology (“RCT”) and more knowledgeable about important topics like the fundamentals of residential construction.
// 07.12.10
MSB Launches InFocus Solutions
Marshall & Swift/Boeckh (“MSB”) has launched an integrated suite of business intelligence solutions that will allow property insurers to rapidly diagnose potential concerns and act on opportunity areas within their books of residential business. The integrated suite is called InFocus Solutions.
// 05.17.10
MSB and Compu-Quote to Provide Industry Leading RCT EvaluRater Product Offering
This powerful alliance between two industry leaders will deliver significant operational improvements to Canadian insurance industry agents and brokers.
// 05.08.10
MSB's Environmental Conditions Database Helps Carriers Comply With New EPA Regulations
In response to the EPA’s recent Renovation, Repair and Painting (RRP) rule for lead paint, MSB, the leading worldwide provider of building cost data and estimating technology to the property insurance industry, has expanded its hazardous materials dataset. The Environmental Conditions database, available through the company’s IntegriClaim™ and EyeQ® claims estimating systems, contains more than 250 item operations created specifically for dealing with potentially hazardous repairs, including those related to the lead paint regulation.
// 04.30.10
MSB Adds 1,500 Green Items to Its Industry-Leading Partial Loss Claims Database
MSB, the leading worldwide provider of building cost data and estimating technology to the property insurance industry and a MacDonald, Detwiller and Associates (MDA) company, will add 1,500 new green items to its industry-leading Total Component Database. This new database item set will deploy electronically and be available for use in the company’s EyeQ and IntegriClaim claims estimating systems that same day.
// 04.28.10
MSBs EyeQ Claims Estimating System Attracts Crowds
SAN ANTONIO, TX - April 27, 2010 - - MSB, the leading worldwide provider of building cost data and estimating technology to the property insurance industry and a MacDonald, Detwiller and Associates (MDA) company, demonstrated its new EyeQ claims estimating system at the 2010 Property Loss Research Bureau/Liability Insurance Research Bureau (PLRB/LIRB) Claims Conference and Expo, held March 21 - 24, 2010, in San Antonio, Texas. EyeQ is a knowledge-based system designed to increase property estimate accuracy and enable new adjusters to perform as efficiently as their tenured counterparts.
// 04.27.10
MSB Announces Its Full Second Quarter 2010 Training Schedule
MSB, the leading worldwide provider of building cost data and estimating technology, is proud to announce the release of its second quarter 2010 training schedule that includes the addition of a new, first-of-its-kind class on green valuation. This combines with product training options for MSB’s IntegriClaim™ Basic, IntegriClaim™ EyeQ® Edition Basic, RCX – Repair Cost Express, RCT Express™ for Main Street and Mobile Manufactured Homes, RCT Express™ for High Value Homes, and BVS Express™ for commercial and agricultural valuations.
// 04.12.10
Agents Provide Input on New MSB Products
// 04.07.10
MSB Regional Client Roadshow Helps Carriers Profit from Analytics
// 03.25.10
MSB and Vertafore Partner to Create Once and Done Homeowners Transactions
// 03.03.10
Free IntegriClaim and EyeQ Training from MSB for PLRB/LIRB Conference Attendees
MSB, the leading worldwide provider of building cost data and estimating technology to the property insurance industry and a MacDonald, Dettwiler and Associates (MDA) Company, returns to the 2010 PLRB/LIRB Conference and Insurance Services Expo with free IntegriClaim™ and EyeQ® “mini” training sessions on Sunday, March 20, 2010, at the Henry B. Gonzalez Convention Center in San Antonio, TX. Space for the two mini-sessions is limited and pre-registration for each session is required.
// 02.16.10
MSB announces appointments of key employees responsible for management of MSB’s core business.
// 02.16.10
MSB announces today the launch of a web-based portal for its products.
// 12.16.09
MSB Provides Next Generation Claims Estimating to Major Adjusting Firm
Marshall & Swift / Boeckh, LLC (MSB), the leading worldwide provider of building cost data and estimating technology to the property insurance industry and a MacDonald, Dettwiler and Associates (MDA) company, announces today the signing of a one-year agreement to provide CatManDo, Inc. with its next generation claims estimating solution, IntegriClaim™ EyeQ® Edition (EyeQ). MSB launched EyeQ on October 26, 2009.
// 12.11.09
HUD taps Marshall & Swift for REO Costing Data
Marshall & Swift (M&S), the leading worldwide provider of building cost data and estimating technology, and a MacDonald, Dettwiler and Associates (MDA) company, announced The Department of Housing and Urban Development’s (HUD), Office of Single Family Asset Management (SFAM) will use Marshall & Swift’s cost estimator data and solutions to provide repair, replacement, maintenance or improvement costs on Federal Housing Administration (FHA) housing units, as a pilot initiative.
// 12.04.09
MSB Canada Recognized as 25-Year Member of BILD
Marshall & Swift / Boeckh Canada (MSB), a MacDonald, Dettwiler and Associates (MDA) Company and the leading worldwide provider of building cost data to the property insurance industry, announces today it has been recognized as a 25-year member of the Building Industry and Land Association (BILD) of Canada.
// 11.16.09
MSB Signs Residential Component Technology License Agreement with Major P&C Insurance Company
// 10.29.09
New Online Repair Estimation Program from Marshall & Swift
// 10.26.09
MSB Launches the Next Generation of Property Claims Estimating Solutions
// 09.29.09
Jerry Fox Appointed to Vice President of Agency Operations
// 06.17.09
MSB: Degree of Home Undervaluation Shifts in 2008
MSB, the leading worldwide provider of building cost data and estimating technology to the property insurance industry, and a MacDonald, Dettwiler and Associates (MDA) company, releases its findings for its current Insurance-to-Value Quality Index™. The ITV Property Index is MSB’s proprietary benchmark for assessing the degree of adequacy for homeowners insurance coverage across the United States on a year over year basis. MSB’s research reveals an estimated 64 percent of U.S. homes are undervalued for the purpose of insurance by an average of 19 percent.
// 02.11.09
Salil Donde Appointed CEO of MSB
Marshall & Swift/Boeckh (MSB) announces the appointment of Salil Donde as CEO.
// 03.13.08
MSB Taps CGI's Training Expertise
MSB, the leading worldwide provider of building cost data and estimating technology to the property insurance industry, and a MacDonald, Dettwiler and Associates (MDA) company, today announces a strategic relationship with CGI Risk Management Services (CGI RMS), Canada's leading commercial and residential inspection company and a division of CGI Group Inc. (TSX: GIB.A; NYSE: GIB). The relationship authorizes CGI RMS to provide comprehensive training classes on MSB's industry-leading residential and commercial property valuation tools.
// 02.18.08
MSB Launches Exposure Assessment Solution for Reinsurers
MSB, the leading worldwide provider of building cost data and estimating technology to the property insurance industry, premiers a new product, ReAlignTM, at the Reinsurance Association of America's 2008 CAT Modeling conference. ReAlign marks MSB's decisive expansion into the property reinsurance marketplace with a solution designed for residential property reinsurers to better understand certain relevant exposures of cedent books of property business. Reinsurers that can predict the true exposure will gain a competitive advantage in today's market.
// 01.18.08
Top Five U.S. Carrier Adds MSB Home Characteristics Data at Point of Sale Process
MSB, the leading worldwide provider of building cost data and estimating technology to the property insurance industry, and a MacDonald, Dettwiler and Associates (MDA) company, announces that one of the top five U.S. homeowners insurance carriers will integrate MSB's InterChangeTM database into its policy quoting and issuance system for improved point-of-sale processing. Through this major new contract, the carrier receives a greater ability to support agents and staff with essential information that streamlines the underwriting and sales process.
// 01.10.08
DataLath, MSB Join to Support Insurer Growth in High-Value Property Market
MSB, an MDA company, announces that DataLath Inspection Services has chosen MSB’s Residential Component Technology® (RCT) High Value tool for its property inspection services. The implementation enables DataLath’s insurance carrier clients to effectively target opportunities in the expanding market of high-worth, single-family homes by obtaining localized “total-component” replacement cost values for underwriting, claims, and book of business management.
// 12.10.07
Carrier Reaps the Rewards of MSB's Enterprise Decisioning Solution
How do you know when a technology solution makes a true impact in your business? Perhaps when the measured benefits turn out to be far greater than anticipated, as MSB, the leading provider of home replacement cost data and underwriting information solutions recently demonstrated.
// 06.26.07
Smooth: Milestone Rollout by MSB Leaves Clients Happy, with All Systems "Go"
It can be an IT team's nightmare: deployment of an upgrade to a vendor's software product. But it doesn't have to be that way, as a recent rollout by MSB demonstrated. The company rolled out the newest version of IntegriClaim TM, a comprehensive property estimating application used by claims adjusters, contractors, and others across North America to estimate and manage property losses.
// 06.13.07
INFORMED RISK-SELECTION DECISIONS IN SECONDS FROM MSB
Today MSB, an MDA company and the leading worldwide provider of essential building cost and risk-specific data to the property and casualty industry, announces the expansion of its online hazard identification service to include brush and forest fire data for four more western states, Alaska, Idaho, Montana, and Wyoming, bringing the number of available states to twelve. Because MSB's address-specific hazard identification service is integrated within its Web-hosted home valuation system, users get reliable risk-assessment data within seconds at the underwriters' fingertips and at the agents' point of sale.
// 06.11.07
FEMA Flood Zone Data Now Part of MSB?s Comprehensive Hazard Data Services
MSB, an MDA company and the leading worldwide provider of building cost data and estimating technology to the property insurance industry, announces that in response to numerous requests from insurance carriers throughout the United States, the company now offers a full range of FEMA-defined Flood Hazard Data. The comprehensive flood data is available for batch processing location files of any size, enabling carriers to verify flood data by location for existing books and newly-bound risks within 72 hours of providing necessary data to MSB.
// 05.29.07
MSB, Actuarial Firm EMB to Partner on Risk-Based Modeling for Property Carriers
MSB, an MDA company and the leading worldwide provider of building cost data and estimating technology to the property insurance industry, announces a strategic alliance with expert property and casualty actuarial consultants EMB America LLC to develop and build an industry-wide model for a property risk-based scoring model. The model will be available for demonstration later this year and is designed to help individual carriers develop finely-tuned risk segmentation to more appropriately reflect their actual exposures to loss. This means fair premiums for consumers and more profitable books of business for carriers.
// 04.19.07
MSB Boosts ICX Web Property Claim Estimating Solution
MSB, an MDA company and the leading worldwide provider of building cost data and estimating technology to the property insurance industry, announces a new software upgrade for its IntegriClaim ExpressTM (ICX) Web-based property estimating application. The upgrade, ICX 2.4, improves performance time by 20% and provides new features that speed structure and contents estimating processes while calculating more accurate, consistent, and defendable partial loss property claims estimates.
// 03.28.07
Cunningham Lindsey Best Practices Positively Impact Adjuster Performance, says MSB
Marshall and Swift / Boeckh (MSB), an MDA company and the leading worldwide provider of building cost data and estimating technology to the property insurance industry, announces that an 18-month property claims analytics engagement with Cunningham Lindsey U.S., Inc., a leader in independent claims adjusting and loss management services, has resulted in improved adjuster performance.
// 03.21.07
Commercial Property Values Just a Click Away
Commercial building owners often underinsure their
properties because they base insurance limits on market values or they do not account for
rising labor costs or the cost to replace critical equipment.
Contact us to learn how MSB can provide your company with an extreme competitive advantage and improve your bottom line.