The Canadian CARSTAR franchise network will celebrate its 30th anniversary in Victoria, BC by hosting its annual conference. Over the course of three days, the CARSTAR team, along with professionals from across the industry, will gather to celebrate this milestone, attend informational sessions and strengthen connections with one another during events like the vendor trade show.
As the world adjusts post-pandemic, 探花精选 discusses the trends and technologies impacting the future of claims and collision repair.
Just two years ago, some experts predicted the end of private vehicle ownership and the growth of shared mobility or Mobility as a Service (MaaS). Then came COVID-19. Three trends have emerged, however, that are shaping mobility鈥檚 鈥渘ext normal鈥 and promising to have a long-lasting impact on the collision repair and auto insurance industries.
For more than six decades, innovators have attempted to unlock the full potential of artificial intelligence (AI). That dramatic growth has only accelerated over the last year due, in part, to the pandemic and a 鈥渘ew reality鈥. According to one report, 87% of carriers are now spending in excess of $5 million annually on these technologies, which is more than in the banking and retail sectors.
Overall U.S. LOR for Q1 2021 remained stable compared to Q1 2020, with an increase of only 0.1 days. Since COVID鈥檚 impact on 2020 LOR was most evident in April鈥檚 increases, we may see a larger difference when analyzing LOR next quarter.
I am honored to join Teach for America's San Diego regional board of directors and support the organization's ongoing efforts to ensure that all children receive an equal opportunity to learn, grow, influence and lead.