MSB Boosts ICX Web Property Claim Estimating Solution

Los Angeles,CA - MSB, an MDA company and one of the leading provider of building cost data and estimating technology to the property insurance industry, announces a new software upgrade for its IntegriClaim Express (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, IntegriClaim, with all the time, expense, and access efficiencies of the Internet. Hosted on MSB Express, 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 Service, or PAWS, 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.

SOURCE: MSB