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A Look Back at 2020 Trends in Auto Insurance
By taking a look at last year’s key trends, carriers and collision repairers can successfully navigate an uncertain future and adapt to what will likely be a new post-pandemic normal.
Average Length of Rental for Repairable Vehicles: Q4 2020
As 2020 drew to a close, Enterprise Rent-A-Car analyzed results by state and vehicle condition to determine any significant increases or decreases in Length of Rental (LOR).
Current Used Vehicle Market Conditions: Q4 2020
Average wholesale used vehicle prices fell from their August peak for the fourth month in a row in December, yet finished out the year almost 10% higher than year-ago levels.
The Evolution of Claims Automation
By 2025, the global data and analytics company predicts that more than 80% of claims processed will be virtual, and up to half of non-injury claims fully automated. So what does this mean for the auto insurance sector?
̽»¨¾«Ñ¡ Introduces New Alternative for AI-Enabled Claims Processing Through Collaboration with Claim Genius
Company's ongoing expansion of the ̽»¨¾«Ñ¡ Intelligent Open Platform (MIOP) delivers more AI flexibility to generate damage appraisals.
Episode 2: Silver Linings: Successfully Navigating an Uncertain Future
Paul Prochilo, CEO of Canada’s Simplicity Car Care multi-shop operation and chairman of the Canadian Collision Industry Forum (CCIF), joins Ryan to discuss how COVID-19 has changed his business and the industry. Hear how the pandemic, despite its challenges, has produced silver linings and find out what they mean for the future of proper, safe vehicle repair.