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Taking Charge: How EVs are Impacting Auto Insurance and Collision Repair
Electric vehicles (EVs) are making the transition from novelty to necessity. As EV adoption continues to grow, auto insurers and collision repairers must prepare for the impact on claims processes and costs.
Claims Automation: Separating Fact From Fiction
As an industry, we are just beginning to reconcile initial expectations with the current state of claims automation. So what better time to evaluate our progress and the road ahead?
̽»¨¾«Ñ¡ Selected as the Preferred North American Technology Provider of Vale’s Paintless Dent Repair (PDR) Technician Certification Program
̽»¨¾«Ñ¡, an Enlyte company and leading technology and information provider for the Property and Casualty claims and Collision Repair industries, today announced that Dented Paintless Repairs, Inc. named it the preferred technology provider of the Vale PDR Technician Certification Program in Canada.
Average Length of Rental for Repairable Vehicles: Q3 2022
Average Length of Rental (LOR) for collision replacement-related rentals in Q3 2022 was 18.2 days, representing a three-day increase from Q3 2021 (15.2 days). Last year, when we compared Q3 2021 to Q3 2020, the results showed a 2.9-day rise. This represents almost six full days in the last 24 months.
Current Used Vehicle Market Conditions: Q3 2022
Average wholesale used vehicle prices in September were down for the fourth month in a row from their spring/tax-refund seasonal peaks in May, but at a more gradual pace than that seen in the three prior months. Hurricane Ian possibly had a moderating effect on wholesale price deterioration, due to the loss of used vehicle supply and the resulting replacement demand the storm generated. This moderating trend continued into October.
Aviva Canada Selects ̽»¨¾«Ñ¡ Solutions to Help Streamline Claims Management
SAN DIEGO, Calif.—̽»¨¾«Ñ¡, an Enlyte company and leading technology and information provider for the Property and Casualty (P&C) claims and Collision Repair industries, today announced that Aviva Canada has implemented its full suite of enterprise claims management solutions.