Australian insurers, brokers and repair networks can now use the QuoteCheck platform to compare construction job rates by builder, trade, region and peril.

QuoteCheck says that by using live cost data it enhances quoting transparency and can help insurers reduce repair spending and speed claims.

The start-up’s MD Stephen Browne – formerly Xceedance country manager and DXC Australia director of insurance – says relying on multiple quotes does not truly reflect price variation and uneven building inflation.

“QuoteCheck fills that gap by providing a live, independent market-driven benchmark that allows costs to be validated and adjusted before work starts – delivering savings, reducing disputes and improving transparency across the supply chain.”

The platform achieves an average 12% cost reduction in building repairs, using AI to check every quote, he says.  

Each line of a builder’s quote is checked against QuoteCheck’s continually updated national library of peer-set rates.  

Builders, adjusters or claims staff can send a quote to QuoteCheck and receive a replica marked-up quote within hours, while a traffic-light system flags costs outside tolerances.