Xactware to Host Ribbon-Cutting for New Building on May 15

State officials, community leaders to help inaugurate new headquarters

 — May 6, 2014 — 

Xactware will host a ribbon-cutting ceremony for its new Traverse Mountain headquarters on May 15 at 4 p.m.

Construction on the new building, which is located near the Traverse Mountain Business Park, started October 2012 and finished in February 2014. Utah Gov. Gary R. Herbert, Lehi Mayor Bert Wilson, and other community leaders will be in attendance at the ceremony.

“We welcome Xactware to Lehi,” Wilson said. “We are grateful to have such a high-quality business and employment opportunities locate in our city.”

Founded in 1986, Xactware specializes in technologies for the property insurance, remodeling, restoration, and mortgage and lending industries. Xactware’s tools provide claims estimating, contents replacement, claims management, and property maintenance solutions for desktop, mobile, and online platforms. Xactware’s services include repair cost research and reports, aerial imagery and data, and real-time business intelligence. About 80 percent of insurance repair contractors and 22 of the top 25 U.S. insurers use Xactware’s property claims solutions.

The new headquarters have been built to U.S. Green Building Council’s LEED Certification standard and features an open, contemporary design that facilitates collaboration among Xactware team members. The campus includes a fitness center, outdoor courts for basketball and volleyball, an indoor bike garage, an outside pavilion, and parking structure. The building is centrally located between Provo and Salt Lake City, which allows Xactware to recruit new talent from all along the Wasatch front.

“This is an exciting time for our company,” said Jim Loveland, Xactware’s president and CEO. “Our company has enjoyed significant growth over the past few decades, and these new facilities will allow our team to carry on Xactware’s legacy of innovation as we move into the future.”

The ribbon-cutting ceremony will begin at 4 p.m. in front of the new Xactware headquarters at 1100 W. Traverse Parkway in Lehi

To learn more about Xactware and its history, visit Xactware.com/en-us/ribbon-cutting/.