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 […]
The sudden rise in used car values, driven largely by the billions of free furlough cash and Covid loans dished out by the UK govt, has peaked it seems. After an 80% rise in the […]
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 […]
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 […]
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 […]
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; […]
The insurance industry has been adapting to recycling car parts during the claims process for some years now, but the Covid-19 outbreak has really brought things into sharp focus. IE spoke to Jane Pocock, MD […]
AXA UK claim handlers are piloting a machine-learning tool that will support them in making quicker and more accurate decisions regarding motor claims. RoRI, for Repair or Replace Intelligence, captures the relevant data from the […]
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