Insights
Consultative & Customized Solutions Exceed Expectations
June 12, 2023
A claim department, fatigued by change from recent workflow and regulatory changes, struggled to meet the needs of their customers and couldn’t keep up with pending bill and claim counts.
Plugged-In: EV Collision Insights Q1 2023
May 16, 2023
3 MIN READIn Q1 2023, electric vehicle (EV) repairable claims frequency rose to 1.13% in the US and 2.41% in Canada, up a modest 0.03% and 0.15% respectively. While Tesla remains the dominant player, the company’s U.S. market share of repairable vehicles fell in Q1 2023 to 75.8% of all EVs repaired, down from 76.78% in Q4 2022. The Ford Mustang Mach-E continued to capture additional repairable market share as it maintained fourth position in U.S. EV frequency. The Cadillac LYRIQ and Rivian R1S sport utility vehicles entered U.S. collision repair facilities for the first time in Q1 2023.
Average Length of Rental for Repairable Vehicles: Q1 2023
May 15, 2023
10 MIN READLength of Rental (LOR) in Q1 2023 was 18.7 days, an increase of one-half day from Q1 2022.
Actionable Analytics Deliver Smarter Outcomes
May 5, 2023
Enhancing their network performance was a driving factor of increasing their per bill savings.
Midwest Collision Repair Trade Show and Conference 2023
Located in Kansas City, the Midwest Collision Repair Trade Show and Conference assembles the five active Midwest state associations to deliver an exclusive trade show for business owners, managers and staff.
Current Used Vehicle Market Conditions: Q1 2023
May 4, 2023
3 MIN READAverage wholesale used vehicle prices rose for the second consecutive month in February and well into March. Certified pre-owned (CPO) sales also rose in February despite short supplies of late-model vehicles, as OEMs have expanded their programs to include older models and consumers look for ways to fight inflation.
How One Insurance Carrier Reduced Costs to Pay Medical Bills By 92%
April 27, 2023
3 MIN READA large insurance carrier reduced paper payment processing costs by 92%