• Gap insurance claims up a quarter
    • 22/11/2022
    • Posted by: Alan Feldberg
    • Category: News
    New data analysis by Intelligent Motoring has revealed a 24% rise in the value of GAP insurance claims from January to September 2022, compared with the same period in 2021. It is now urging retailers, finance companies and motor organisations to reduce the financial exposure of customers, through the addition of [...]
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  • New CAPS platform promises better connected digital claims
    • 26/10/2022
    • Posted by: Simon Wait
    • Category: News
    CAPS – the Common Automotive Platform Standard – is launching a new and improved platform this month for use exclusively by the collision repair industry in the UK and Republic of Ireland. The new platform aims to bring more performance, connectivity and capacity to power the whole of the insurance motor claims [...]
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  • Allianz acquires Innovation Group
    • 11/10/2022
    • Posted by: Alan Feldberg
    • Category: News
    Claims technology and solutions provider Innovation Group is being acquired by Allianz X, the investment arm of Allianz Group. The deal, subject to regulatory approval, will support Innovation Group develop further technological solutions for the insurance and automotive industries, while also accelerating the [...]
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  • Regional ranges in insurance premiums
    • 29/09/2022
    • Posted by: Alan Feldberg
    • Category: News
    New data has revealed wild variations in insurance premiums according to region in the UK. According to insurance comparison platform Quotezone, drivers in London are forking out considerably more than drivers in other parts of the UK, with average premiums in the capital nudging close to £800. However, that [...]
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  • CRU falling short as claims figures fall
    • 28/07/2022
    • Posted by: Alan Feldberg
    • Category: News
    A freedom of information request has revealed falling motor claims figures from the Compensation Recovery Unit (CRU). Only 93,113 motor claims were recorded in the second quarter of 2022, down from the 97,099 recorded in the first quarter – although both figures are well below the three-month average of 160,000 [...]
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  • Vehicle theft at ‘embarrassing’ levels
    • 08/07/2022
    • Posted by: Alan Feldberg
    • Category: News
    Automotive theft is costing motor insurers £1.5bn a year – and that figure is rising. This is according to Claims Management & Adjusting (CMA) and based on new data it secured via a Freedom of Information request that revealed 101,198 vehicles were stolen in England and Wales in 2021. CMA managing [...]
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  • Crash for cash scams spreading
    • 27/06/2022
    • Posted by: Alan Feldberg
    • Category: News
    The Insurance Fraud Bureau says it has found evidence that ‘crash for cash’ fraudsters are starting to operate in new areas in the UK. The ‘crash for cash’ scam sees fraudsters slam on their brakes in congested areas so the car behind drives into the back of them, then claiming compensation. The IFB said [...]
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  • Solera unveils latest FNOL solution
    • 16/06/2022
    • Posted by: Alan Feldberg
    • Category: News
    Solera has launched a new solution it believes will enable claims handlers to improve the speed and accuracy of triage decisions following the first notice of loss. Qapter Intelligent Triage is a global visual intelligence service that allows the policyholder to submit photos of the damaged vehicle following the [...]
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  • Research reveals shift in AI attitudes
    • 16/06/2022
    • Posted by: Alan Feldberg
    • Category: News
    Solera Holdings has unveiled its consumer research whitepaper which reveals the changing attitudes towards digitalisation and automation in the repair journey, and what that might mean for suppliers. The whitepaper uncovers the soaring trust in AI-driven claims and repairs and, as digital-first channels [...]
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  • Agile adopts Audatex data
    • 10/05/2022
    • Posted by: Alan Feldberg
    • Category: News
    Audatex, a Solera company, has announced that insurtech Agile Developments is launching a new Agile Claim that will leverage Audatex data to help predict if a vehicle is repairable or a total loss at first notification of loss. Agile Developments simplifies total loss triage in order to identify total losses [...]
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