MSB Boosts ICX Web Property Claim Estimating Solution

LOS ANGELES – APRIL 19, 2007 – MSB, an MDA company and the leading worldwide provider of building cost data and estimating technology to the property insurance industry, announces a new software upgrade for its IntegriClaim Express(TM) (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(TM), with all the time, expense, and access efficiencies of the Internet. Hosted on MSB Express(TM), 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(TM), or PAWS(TM), 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.

For more information about ICX or other MSB property claim services, contact Paul Pomerleau, Assistant Vice President of Sales, Claims Division, at 800-809- 0016, Ext. 3662 or e-mail MAILTO:paul.pomerleau@msbinfo.com.

About MSB

MSB, an MDA company, is the leading supplier of local building cost
information, residential and commercial property valuation technology and
services for the property and casualty insurance sector in the United States
and Canada. MSB has five offices throughout the U.S. and Canada. For
information, please contact Marsha Berenson, Media Coordinator, at 800-285-
1288, Ext. 2828, e-mail MAILTO:Marsha.Berenson@msbinfo.com, or visit
MSB’s Web site at HTTP://www.msbinfo.com.

About MDA

MDA provides advanced information solutions that capture and process vast amounts of data, produce essential information, and improve the decision making and operational performance of business and government organizations worldwide.