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ISO, Xactware, and AIR Worldwide introduced 360Value, a property-valuation solution for insurers. 360Value combines the features of Xactware’s XactValue and AIR’s ISO HomeValue. The result is an offering that provides component-based replacement-cost estimates and a number of associated underwriting solutions for residential, commercial, and agricultural properties.

Xactware launched the online version of XactValue in 2002 to provide insurers consistency between underwriting and claims estimates. AIR Worldwide launched ISO HomeValue in 2004 to provide insurers better property data and replacement-cost estimates for use in underwriting and catastrophe risk modeling.

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