AIR Worldwide, Xactware, and ISO have recently teamed up toannounce 360Value, a new property-valuation tool for insurers thatcombines features of Xactware's XactValue and AIR's ISOHomeValue.

The fusion of these products aims to provide insurers with truecomponent-based replacement-cost estimates and a number ofassociated underwriting programs for residential, commercial, andagricultural properties.

According to Xactware, insurers are already relying on thetechnology that underlies 360Value to conduct approximately onethird of all property replacement-cost estimates in the UnitedStates.

360Value features the following capabilities:

integrated access to vital underwriting data from ISO

ability to analyze probabilistic catastrophe risk at the pointof underwriting

implementation options to meet the varied needs of large andsmall insurers

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