MSB Boosts ICX Web Property Claim Estimating Solution
April 19, 2007
LOS ANGELES – APRIL 19, 2007 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.
"This release of ICX is significant for MSB and our customers, "says Jonathan Kost, Senior Vice President, MSB Claims. "Performance improvements, expanded contents capabilities, and data validation features combine to make a more robust product that appeals to a wide variety of users and especially claims call centers." According to Kost, the new software features will be available on all new ICX installations and is a free upgrade to current ICX users.
Key ICX 2.4 Features
- Improved performance reduces system calculation time by 20%
- More intuitive contents replacement cost search method speeds Web search and refines results, improving accuracy and consistency of contents claims payments
- Automatic validation of every data field for greater process accuracy
- Comprehensive diary feature essential for field users.
ICX is a Web-hosted property claim estimating software tool that combines the comprehensive data and features of one of the industry's leading property claim applications, IntegriClaimTM, with all the time, expense, and access efficiencies of the Internet. Hosted on MSB ExpressTM, a secure Web platform, ICX includes Internet contents replacement search capabilities not available on the IntegriClaim desk-top version. This contents search engine, Property Appraisal Web ServiceTM, or PAWSTM, easily provides the most appropriate like kind and quality items based on loss description and automatically maintains an accurate, comprehensive contents data base by importing new product data into the contents pricing database when required.
For more information about ICX or other MSB property claim services, contact Paul Pomerleau, Assistant Vice President of Sales, Claims Division, at 800-809-0016, Ext. 3662 or e-mail paul.pomerleau@msbinfo.com.
About MSB
MSB, an MDA company, is the leading supplier of local building cost information, residential and commercial property valuation technology and services for the property and casualty insurance sector in the United States and Canada. MSB has five offices throughout the U.S. and Canada. For information, please contact Marsha Berenson, Media Coordinator, at 800-285-1288, Ext. 2828, e-mail Marsha.Berenson@msbinfo.com, or visit MSB's Web site at www.msbinfo.com.
About MDA
MDA provides advanced information solutions that capture and process vast amounts of data, produce essential information, and improve the decision making and operational performance of business and government organizations worldwide.
Focused on markets and customers with strong repeat business potential, MDA delivers a broad spectrum of earth and space based information solutions, ranging from complex operational systems, to tailored information services, to electronic information products.
MDA employs more than 3,000 people in locations across the United States, the United Kingdom, and Canada. The Company's common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA.
Contact us to learn how MSB can provide your company with an extreme competitive advantage and improve your bottom line.