News
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, Mitchell is your source for information and expert opinions on the latest technology and business trends.
Enlyte’s Q2 Medical Price Index Shows Increases In Comp and Auto Injury Services
June 26, 2024
Medical costs nationally have risen 11% in workers’ comp and 5% in auto first-party over the past four years, despite a slowing of growth over the past two years, according to new data released by Enlyte today.
Enlyte Launches Bundled Solution for Auto Bodily Injury Cost Containment
June 20, 2024
PrecisionDirect allows auto carriers to improve payment accuracy for provider services. During claims settlements busy adjusters often have neither the time or experience to negotiate and pay providers directly on bodily injury claims. Today, Enlyte is working to streamline that process by launching PrecisionDirect, an integrated provider negotiations and networks solution designed to free up adjusters to focus on claim settlement while securing savings on these bills.
Decrease in Used Electric Vehicle Prices Coincides with an Increase in Total Loss Claims
June 4, 2024
Mitchell today released its Q1 2024 trends report: Plugged-In: EV Collision Insights. This quarter’s report provides an update on EV total loss frequency, which has risen since late last year as the price of used EVs has fallen. In the U.S. and Canada, EV total loss rates were 9.93% and 7.48% respectively—an increase of approximately 8% from Q4 2023 and 30% from Q3 2023 in both regions.
Enlyte and Mitchell Honored as American Business Awards® Winners
April 29, 2024
Enlyte and Mitchell, an Enlyte company, have been recognized by the American Business Association with two prestigious Stevie® awards for excellence. This recognition underscores the organizations’ commitment to leveraging their comprehensive data and market expertise to serve the needs of the property and casualty industry.
Latest Mitchell Data Shows Continued Increase in Electric Vehicle Collision Claims
March 7, 2024
Mitchell 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 Mitchell Cloud Estimating for Use at All Locations
February 29, 2024
Mitchell 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 Mitchell Cloud Estimating with Integrated Repair Procedures as well as the company’s Paintless Dent Repair (PDR) calculator.
Enlyte’s 2024 Trends Report Addresses Top Challenges in the P&C Industry
January 9, 2024
As the Property and Casualty industry sets course for 2024, executives face continuing challenges in integrating generative AI, understanding data analytics maturity, staying current with prescription drug trends, and managing medical and auto claims costs amidst fears of inflation and legislative and regulatory changes.