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From artificial intelligence to augmented reality, technology is transforming the Property & Casualty insurance and collision repair ecosystem. Whether your area of focus is collision claims, collision repair, first or third party casualty, workers’ compensation or pharmacy, ÁùºÏ²Ê¿ª½±¼Ç¼ is your source for information and expert opinions on the latest technology and business trends.
Latest ÁùºÏ²Ê¿ª½±¼Ç¼ Data Shows Continued Increase in Electric Vehicle Collision Claims
March 7, 2024
ÁùºÏ²Ê¿ª½±¼Ç¼ today announced the publication of its latest trends report: Plugged-In: EV Collision Insights. This issue provides a year-over-year analysis of EV claims volume, which increased in 2023 by more than 40% in the U.S. and Canada.
Classic Collision Licenses ÁùºÏ²Ê¿ª½±¼Ç¼ Cloud Estimating for Use at All Locations
February 29, 2024
ÁùºÏ²Ê¿ª½±¼Ç¼ and Classic Collision, LLC, one of the top four largest MSOs in the nation, today announced that they have signed a multi-year agreement. The enterprise licensing agreement gives all current and future Classic Collision locations access to ÁùºÏ²Ê¿ª½±¼Ç¼ Cloud Estimating with Integrated Repair Procedures as well as the company’s Paintless Dent Repair (PDR) calculator.
ÁùºÏ²Ê¿ª½±¼Ç¼ Reports a Lower Total Loss Rate for Electric Vehicles
November 8, 2023
ÁùºÏ²Ê¿ª½±¼Ç¼ released its latest trends report: Plugged-In: EV Collision Insights. This quarter’s report examines total loss frequency for electric and ICE automobiles. In the U.S. and Canada from Q1 to Q3 2023, the EV total loss rate was 7.25% for models 2020 and newer. Luxury ICE automobiles had a rate of 7.47% versus 8.49% for all ICE vehicles.
Mazda and ÁùºÏ²Ê¿ª½±¼Ç¼ Renew Collision Network Agreement and Introduce Program Enhancements
November 1, 2023
ÁùºÏ²Ê¿ª½±¼Ç¼ and Mazda North American Operations (MNAO) today announced that they have signed a contract renewal. Under the terms of the contract, ÁùºÏ²Ê¿ª½±¼Ç¼ will continue to serve as program administrator of the Mazda Collision Network in the United States.
ÁùºÏ²Ê¿ª½±¼Ç¼ Named a Global Leader in Cloud Computing for Innovative, AI-Powered Appraisal Review Solution
September 20, 2023
ÁùºÏ²Ê¿ª½±¼Ç¼ today announced that it received a 2023 Stratus Award for Cloud Computing from Business Intelligence Group. The organization’s annual awards program seeks to identify the companies, products and people offering unique solutions that take advantage of cloud technologies.