News

Another PPI Compo Saga Begins, as FCA Highlights `Write-Off Valuation’ Issues

The threat of a huge compensation bill looms as the FCA continues its investigation into the write-off valuations offered in the past by motor insurers. It’s one of those issues where everyone who has had […]

Insurance Regulation

FCA Fires Warning Shot on Low Write-Off Offers

The latest from the FCA, who will be looking for complaints form consumers that they have been offered low payouts on claims. Insurance firms have been warned not to undervalue cars and other insured items […]

Insurance claims

Synetiq Invests in Hybrid/EV Dismantling Facility

A multimillion-pound investment by SYNETIQ, Britain’s largest integrated salvage and recycling company, will ready its Winsford site into the UK’s first facility with dedicated EV and Hybrid dismantling capability. The investment will provide EV-specific equipment […]

Insurance claims

Tractable Signs Deal With PZU On AI-Estimated Bodyshop Repair

PZU, the largest financial institution in Central and Eastern Europe, is using AI to enhance how it reviews its car insurance claims across Poland, it announces today. PZU handles nearly 500,000 motor damage claims per […]

Insurance claims

IAA Rolls Out Salvage Portal for UK Insurers and Claims Specialists

IAA, Inc., a leading global digital marketplace connecting vehicle buyers and sellers, today announced that its UK-based business unit has completed the roll-out of IAA Seller Portal and VISion salvage management, both customised for the […]

Insurance claims

Need to Sanitise That Repaired Vehicle or Insurance Write-Off?

Cleaning vehicles during the FNOL/loss adjustment/recovery/repair processes after an accident is something that any insurer, broker or claims management company needs to think about now and probably for the forseeable future. Here’s a handy product; […]