Insights
Ensuring Precision and Agility in Settlements
June 19, 2024
Let’s set the stage with some facts that every carrier can relate to: a desire to close claims quicker and with more accuracy. If a fair settlement can be reached early on, it becomes a win-win for all parties involved. This is clearer than ever in the current environment.
Plugged-In: EV Collision Insights Q1 2024
June 4, 2024
3 MIN READIn Q1 2024, electric vehicle (EV) repairable claims frequency rose to 2.26% in the United States and 3.41% in Canada, an increase of approximately 40% and 38% respectively over Q1 2023. Tesla price reductions late last year spurred precipitous price drops throughout the EV segment. As a result, price parity between EVs and vehicles with an internal combustion engine (ICE) may be coming faster than previously predicted.
Fix Network Canada National Conference 2024
Fix Network Canada’s 2024 National Conference is a premier gathering for its insurance partners, suppliers, franchisees and other industry professionals. The event begins with an engaging expo, followed by days filled with keynote presentations, insightful panels and networking opportunities.
Midwest Collision Repair Trade Show 2024
The Midwest Collision Repair Trade Show & Conference rallies the five active Midwest state associations to deliver an exclusive event for collision repair professionals in Kansas City. At the show, business owners, managers and staff are encouraged to attend educational presentations hosted by notable voices in the industry and engage in hands-on projects and trainings to expand their knowledge.
Episode 11: Banking on the Automotive Aftermarket
April 29, 2024
Shop consolidation. Vehicle complexity. Rising repair costs. All these factors can affect investment strategy in the automotive aftermarket. Steve Huntzinger, co-founder of Dunham Lane Capital Partners, joins the podcast to highlight the opportunities and challenges impacting both the automotive collision industry and its investors.
Current Used Vehicle Market Conditions: Q1 2024
April 16, 2024
4 MIN READSpring appears to have sprung in the wholesale market, as average prices jumped another four percent month-over-month in February and have continued to rise significantly in March. Retail used vehicle and CPO sales also showed February increases.
AI and Emerging Technology's Impact on Auto Claims
April 2, 2024
Auto insurers are facing unprecedented challenges this year as they try to balance the rising cost of claims with their commitment to making policyholders whole after a loss. In response, many are investing in artificial intelligence (AI) and other new technologies to both automate and accelerate the claims process.