In the automotive industry, we know artificial intelligence and machine learning technologies help reduce claimant complexity, speed up the claims cycle, and deliver an overall better customer experience. They can also deliver real-time results to insurers, repairers, and consumers regarding: Accurate, consistent and faster estimations Increased triage accuracy Automation at[…]
Last week, we held our second global webinar, featuring a panel of Solera’s leadership and product experts. (If you missed it—don’t worry! You can catch the recording here.) Since our first webinar in the series, the industry has begun seeing signs of recovery, including increases in private automotive travel. Now’s[…]
In continuation of our blog series about “COVID-19: What’s Now and What’s Next”, we take a look at the digital transformation auto collision and repair shops are experiencing, and what steps they should take to emerge stronger as the world establishes its new normal. Due to the required shelter-in-place and[…]
The COVID-19 pandemic has led to record lockdowns across the globe, leaving the automotive industry to navigate the uncharted waters of drastically changing consumer and industry behavior. A panel of Solera’s global leadership team recently participated in a webinar where they discussed the current state of the industry amidst COVID-19[…]
Solera remains steadfastly committed to the health and safety of our team, our customers and our partners through these unprecedented times. As a global leader in risk and asset management data and software solutions, we are uniquely positioned to interoperate effectively, both locally and as a global enterprise, with the[…]
Made in Canada Valuations During these difficult times, we at Solera | Audatex want to let you know that Autosource Specialty remains open for business. With over 25 years of experience, Autosource is recognized as the leader in specialty valuations in Canada. Audatex can value virtually any vehicle, including high-end[…]
In previous Data Dive articles, we’ve looked at a variety of metrics including supplementation rates, betterments and the key drivers of Gross Appraisal Values (GAV), among others. Today, we examine the relationship between primary point of impact and GAV. Primary point of impact (POI), is the area where the most[…]
Digitally Transforming the Contents Claim Experience For the past year, Enservio’s Straight Through Contents® has been receiving rave reviews from US insurers for its ability to effortlessly guide the policyholder from inventory capture straight through to settlement. By empowering carriers to enable policyholder self-service and leveraging real-time business intelligence, the platform allows[…]
At this stage in the game, no one really knows how the Covid-19 outbreak will play out. But we may be able to learn a few things from a tragedy that occurred in March 2011. Nine years ago, a 9.1 magnitude earthquake off the coast of Tōhoku, Japan caused a chain[…]
Ok, it’s not quite death. However, it is no secret that the passenger car—while not quite going the way of the dodo bird—is becoming unfashionable in the eyes of Canadian consumers. From a peak of over 900,000 car sales in 2002, there has been a drop of 350,000 units in[…]
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