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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, ²ÞËùÇ¿¼é is your source for information and expert opinions on the latest technology and business trends.
²ÞËùÇ¿¼é Launches Cloud-Native Guidewire Integration to Help Insurers Expedite Claims Processing
²ÞËùÇ¿¼é today announced the availability of its cloud-native integration for Guidewire ClaimCenter. The new integration optimizes loss profiling, assignment and damage appraisal workflows by automatically synchronizing data from Guidewire and ²ÞËùÇ¿¼é applications, helping auto insurers reduce leakage and expedite claims processing.
Collision Claims Increased by More Than 30% While Average Severity Plateaued for Battery Electric Vehicles Last Year
²ÞËùÇ¿¼é today announced the latest release of its Plugged-In: EV Collision Insights report. This edition features an overview of the most notable annual trends in battery electric vehicle (BEV), mild hybrid electric vehicle (MHEV) and plug-in hybrid electric vehicle (PHEV) collision claims. Following a second year of record sales for new cars with electrified powertrains, claims frequency for repairable BEVs rose to 2.71% in the U.S. and 3.84% in Canada in 2024, a year-over-year increase of 38% and 34% respectively.
Primary Point of Impact Contributing to Differences in Claims Severity for Battery Electric and Internal Combustion Engine Vehicles
²ÞËùÇ¿¼é today announced the release of its Q3 2024 Plugged-In: EV Collision Insights report. This issue provides an overview of the point-of-impact and severity differences between repairable battery electric vehicles (BEVs) and automobiles with an internal combustion engine (ICE).
²ÞËùÇ¿¼é and Protech Join Forces to Streamline Calibration Detection
²ÞËùÇ¿¼é and Protech Automotive Solutions, the largest national provider of ADAS diagnostic scanning and calibration services, today announced that they have signed an agreement to integrate Protech’s ADAS ID3 solution with ²ÞËùÇ¿¼é’s Diagnostics as a Service (DaaS) platform and Predictive ADAS functionality.
²ÞËùÇ¿¼é Technology to Power New Virtual Estimating Service from Collective
²ÞËùÇ¿¼é today announced that its software solutions are powering a new virtual estimating service from Collective Sourcing, LLC. Created for U.S. auto insurers, the service is designed to reduce claims processing time by combining ²ÞËùÇ¿¼é’s damage appraisal technology with auto technical specialists at Collective.