UV50 Economic Engines: No. 10 Xactware


CITY Lehi FOUNDED 1986 EMPLOYEES 550 INDUSTRY Technology WEBSITE Xactware.com PRESIDENT Mike Fulton, 58 THE COMPANY A provider of estimating software, building cost data and workflow management solutions to the property insurance, remodeling, real estate and property management industries.


  1. Xactware is the No. 1 provider of property insurance estimating tools and data in North America with approximately 85 percent market share.
  2. Xactware is a subsidiary of Verisk, a global data analytics organization that serves multiple markets, including insurance, energy and finance.
  3. Each day, more than 14,000 property claims estimates are processed through Xactware’s network.
  4. Xactware operates in eight countries.
  5. Today, 22 of the top 25 property insurance companies in the United States and 10 of the top 10 Canadian insurers use Xactware property insurance claims tools.

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