VRSK Verisk Analytics Inc

Peace Hills General Insurance Company Enhances Claims Management with Verisk Solutions

Peace Hills General Insurance Company Enhances Claims Management with Verisk Solutions

With Verisk’s Xactimate and XactAnalysis, Personal and Commercial Lines Insurer from Western Canada Streamlines Estimates and Workflow processes.

Edmonton and Jersey City, N.J., April 19, 2023 (GLOBE NEWSWIRE) -- Peace Hills General Insurance Company, an auto, home, and business insurer in Western Canada, is enhancing its claims workflow with the Xactimate and XactAnalysis® solutions from Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider.

Peace Hills is using Xactimate to capture information about property damage and help them review estimates with speed and precision. The insurer is using XactAnalysis to send and receive assignments, track claims status, and support the oversight of its contractor network. Both applications can help Peace Hills enhance its workflow and reduce the time it takes to resolve claims.

“Providing an exceptional customer experience is at the forefront of what we do and it has become crucial to ensure a smooth collaborative process with our service network,” said Dan Andresen, vice president of claims at Peace Hills. “Verisk's offerings not only enable us to allocate claims and obtain assessments from adjusters in a streamlined manner, but also provide a transparent view that enables all stakeholders to monitor the progress in real time.”

With XactAnalysis, Peace Hills can more effectively:

  • ensure compliance with company standards by tracking claim assignments;
  • audit estimates to identify and correct errors;
  • maintain comprehensive documentation on all claims by storing estimates, valuations, floor plans, photos, notes, action items, and audio files;
  • identify areas for contractor/adjuster improvement by monitoring performance; and
  • generate real-time reports on company performance and compare them against industry standards.

“Peace Hills maintains a steadfast commitment to providing exceptional customer service,” said Joel Dagenais, senior vice president of sales for Verisk’s claims solutions. “We’re excited to support them with property estimation and claims management technology, and and we look forward to helping them continue to increase efficiency and improve the customer experience.”

To learn more about Peace Hills, visit . For more information about Verisk Property Estimating Solutions, visit .

About Verisk

Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, ESG and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by  and fosters an  where all team members feel they belong. For more, visit  and the . 

About Peace Hills

Peace Hills General Insurance Company, proudly owned by Samson Cree Nation, has been serving Western Canada since 1982 with home, auto and business insurance products. Committed to exceptional claims service, Peace Hills is dedicated to providing a responsive and efficient customer experience. Peace Hills employs over 200 staff who work with hundreds of broker offices across all provinces and territories in Western Canada. Learn more at .



Michelle Pantina
Verisk
551-500-7327
 
EN
19/04/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Verisk Analytics Inc

 PRESS RELEASE

Verisk Analytics, Inc. Prices Offering of Senior Notes

Verisk Analytics, Inc. Prices Offering of Senior Notes JERSEY CITY, N.J., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Verisk Analytics, Inc. (Nasdaq: VRSK) (“Verisk” or the “Company”), a leading global data analytics and technology provider, today announced the pricing of an offering of $750 million of 4.500% Senior Notes due 2030 (the “2030 Notes”) and $750 million of 5.125% Senior Notes due 2036 (the “2036 Notes” and, together with the 2030 Notes, the “Notes”). The closing of the offering is expected to occur on August 21, 2025, subject to satisfaction of customary closing conditions. The Compan...

Moody's Ratings affirms Verisk's Baa1 senior unsecured rating followin...

Moody's Ratings (Moody's) affirmed Verisk Analytics, Inc.'s ("Verisk") long-term senior unsecured rating at Baa1. The outlook remains stable. The ratings action is based on our expectation that the recently announced debt funded acquisition of AccuLynx, a cloud-based business management system for r...

 PRESS RELEASE

Verisk Reports Second-Quarter 2025 Financial Results

Verisk Reports Second-Quarter 2025 Financial Results Second quarter revenue of $773 million, up 7.8%, and up 7.9% on an organic constant currency (OCC) basis.Net income of $253 million, down 17.7% due to gains recognized in the prior year.Adjusted EBITDA, a non-GAAP measure, of $445 million, up 11.9%, and up 9.7% on an OCC basis.Diluted GAAP earnings per share of $1.81, down 15.8%.Diluted adjusted EPS, a non-GAAP measure, of $1.88, up 8.0%.Acquired SuranceBay on July 17, 2025 for $163 million.Signed a definitive agreement to acquire AccuLynx for $2.35 billion. JERSEY CITY, N.J., July 30, ...

 PRESS RELEASE

Verisk Signs Definitive Agreement to Acquire AccuLynx

Verisk Signs Definitive Agreement to Acquire AccuLynx Acquisition to expand, enhance and strengthen network capabilities across the insurance claims and restoration ecosystem Jersey City, N.J., July 30, 2025 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider to the global insurance industry, has entered into a definitive agreement to acquire AccuLynx for $2.35 billion in cash to augment its network capabilities across the insurance claims and restoration ecosystem. AccuLynx is the leading SaaS platform providing end-to-end business manage...

 PRESS RELEASE

Verisk Sets Precedent as First to Complete Wildfire Catastrophe Model ...

Verisk Sets Precedent as First to Complete Wildfire Catastrophe Model Review Process in California for Insurance Ratemaking Milestone underscores Verisk’s leadership in modeling and regulatory collaboration to support insurance-driven resilience for property owners and communities JERSEY CITY, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- In a milestone for California’s evolving insurance landscape, the California Department of Insurance (CDI) has completed its review of the Verisk Wildfire Model for the United States for use by insurers in assessing wildfire risk and property insurance rat...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch