ServiceTitan and Verisk Team Up to Bring Xactimate® to New Roofing and Exterior Contractors
Rhea-AI Summary
ServiceTitan (Nasdaq: TTAN) has announced a strategic collaboration with Verisk (Nasdaq: VRSK) to integrate Verisk's Xactimate® property claims management solution with the ServiceTitan platform. The integration aims to streamline operations for roofing and exterior contractors who handle insurance work.
The planned integration will allow contractors to transfer ServiceTitan estimate data directly into Xactimate for validation and claims processing. This collaboration focuses on reducing manual data entry, enabling faster estimate creation and submission, and maintaining data synchronization between systems. The partnership aligns with ServiceTitan's mission to build a comprehensive operating system for trades businesses.
Positive
- Integration will reduce manual data entry and operational inefficiencies
- Partnership with industry leader Verisk enhances ServiceTitan's product offering
- Solution addresses specific needs of contractors handling insurance-driven work
Negative
- None.
News Market Reaction – TTAN
In the Sep 25 session, TTAN declined 0.31%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LOS ANGELES, Sept. 25, 2025 (GLOBE NEWSWIRE) -- ServiceTitan (Nasdaq: TTAN), the software platform that powers the trades, is announcing a new collaboration with Verisk (Nasdaq: VRSK), a leading data analytics and technology provider to the global insurance industry, to connect Verisk’s Xactimate® solution for property claims management with the ServiceTitan platform. Geared towards trades businesses that handle insurance work, especially those in roofing and exteriors, this new collaboration will explore ways to give contractors using both platforms the power to create and submit estimates faster, reduce manual data entry, and keep jobs moving with greater reliability from the initial inspection to the final invoice.
“At ServiceTitan, we’re always pushing the bounds of what’s possible for our customers,” said Connor Theilmann, Chief Business Officer at ServiceTitan. “By working to bridge the gap between Xactimate and ServiceTitan, we are aiming to help teams produce insurance-ready estimates and sell faster, with fewer clicks and less rework. The goal? A smarter, more connected experience that drives profitability and delivers a better homeowner experience.”
When complete, the product integration will be designed to allow contractors to load their ServiceTitan estimate data into Verisk’s Xactimate to review, validate, and complete the claims estimating process. The resulting output would be designed to populate in ServiceTitan in an effort to improve operational efficiency and help ensure estimates, documentation, and communications are synced with the contractor’s system of record.
“Roofing and exterior contractors face challenges and they need tools that address the complexity of their work,” said Aaron Brunko, president of Property Estimating Solutions at Verisk. “We’re excited that ServiceTitan has chosen to collaborate with Xactimate and look forward to collaborating on a shared vision of empowering resilience for the restoration industry with technology that drives accuracy, productivity and efficiency.”
Working with Xactimate underscores ServiceTitan’s ongoing mission to build the operating system that powers the trades by giving contractors a connected, end-to-end system that improves accuracy, reduces delays and protects profit margins on insurance-driven work.
For more information on the ServiceTitan and Verisk collaboration, visit: marketplace.servicetitan.com/partner/verisk.
To learn more about ServiceTitan’s solutions, visit: www.servicetitan.com/industries/roofing-software
Xactimate® is a registered trademark of Xactware Solutions, Inc., a Verisk company.
About ServiceTitan
ServiceTitan is the software platform that powers trades businesses. The company’s cloud-based, end-to-end solution gives contractors the tools they need to run and grow their business, manage their back office, and provide a stellar customer experience. By bringing an integrated SaaS platform to an industry historically underserved by technology, ServiceTitan is equipping tradespeople with the technology they need to keep the world running.
Press Contact
Max Wertheimer
ServiceTitan, Inc.
press@servicetitan.com
© 2025 ServiceTitan. All rights reserved. ServiceTitan, the ServiceTitan logo, and all ServiceTitan product and service names mentioned herein are registered trademarks or unregistered trademarks of ServiceTitan, Inc. in the United States and other countries. Other brand names and marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This press release contains forward-looking statements based on information available as of the date of this release. All statements other than statements of historical facts may be forward-looking statements. Outcomes may materially differ from those discussed within this release. Neither ServiceTitan nor Verisk undertake any obligation to update any forward-looking statements, except as required by law.
