OneClick Code and Verisk's Xactware Forge Strategic Integration to Revolutionize Property Claims

DENVER, July 08, 2025 – OneClick Data, Inc. (OneClick Code), a recognized leader in automated building code data solutions, proudly announces a significant new integration with Verisk (Nasdaq: VRSK), a premier global data analytics and technology provider. This collaboration specifically targets Verisk's Xactware® platform, a cornerstone for property estimating and claims solutions within the insurance industry. This strategic move sees OneClick Code joining Verisk's esteemed global Partner Ecosystem, making its comprehensive building and roofing code data directly accessible to claims professionals via XactAnalysis®.

Enhancing Efficiency and Accuracy in Property Claims

The integration marks a pivotal advancement for the property claims ecosystem. Historically, determining accurate building and roofing code requirements has been a time-consuming and often complex process for claims adjusters. Discrepancies in local codes can lead to delays, increased costs, and disputes. OneClick Code's technology automates the retrieval and application of these critical code requirements, ensuring that claims estimates are not only accurate but also compliant with local regulations from the outset. By embedding this functionality directly into XactAnalysis®, Verisk empowers its users with immediate access to precise, up-to-date code information, streamlining workflows and enhancing the overall efficiency of the claims adjustment process.

This partnership is expected to significantly reduce the manual effort involved in researching building codes, thereby accelerating claim cycle times and improving customer satisfaction. For insurers, this translates into lower administrative costs, fewer re-inspections, and a reduction in supplemental claims due to overlooked code requirements. For policyholders, it means faster, more accurate settlements and a smoother recovery process after property damage.

Market Context and Industry Impact

The property and casualty insurance sector is continually seeking innovative solutions to enhance operational efficiency, mitigate fraud, and improve customer experience. Data analytics and automation are at the forefront of this transformation. Verisk, through its Xactware solutions, has long been a dominant force in providing tools for property claims estimation and management. The addition of OneClick Code's specialized data capabilities further solidifies Xactware's position as an indispensable platform for claims professionals.

This integration reflects a broader industry trend towards greater data interoperability and the creation of robust ecosystems where specialized technology providers can seamlessly connect to deliver enhanced value. The demand for precise, real-time data in claims processing is growing, driven by increasing claim volumes, the complexity of modern construction, and evolving regulatory landscapes. Partnerships like this are crucial for meeting these demands and fostering innovation across the insurance value chain.

Investment Insights for VRSK Shareholders

For investors in Verisk (VRSK), this announcement is a positive indicator of the company's continued commitment to enhancing its core offerings and expanding its market reach through strategic partnerships. The integration with OneClick Code strengthens Xactware's value proposition, potentially leading to increased platform adoption and retention among insurance carriers and claims service providers. This move aligns with Verisk's strategy of leveraging its extensive data and analytics capabilities to drive growth and maintain its competitive edge in the insurance technology space.

Key takeaways for investors:

• Enhanced Product Offering: The integration improves Xactware's functionality, making it more attractive to existing and prospective clients.
• Operational Efficiency for Clients: By enabling faster and more accurate claims processing, Verisk helps its clients reduce costs, which can translate into stronger client relationships and recurring revenue.
• Strategic Ecosystem Expansion: Joining Verisk's Partner Ecosystem demonstrates the company's ability to integrate best-in-class third-party solutions, reinforcing its platform's stickiness.
• Long-Term Growth Potential: As the insurance industry continues its digital transformation, Verisk's ability to offer comprehensive, integrated solutions positions it well for sustained growth.

This partnership underscores Verisk's proactive approach to innovation and its dedication to providing cutting-edge solutions that address the evolving needs of the property claims market. Investors should view this as a positive development that reinforces Verisk's leadership in insurance analytics and technology.