Keyword
Carfax
Paid Unlocking Profits: The Power of Vehicle History Data in Insurance
October 1, 2023 CARFAX CanadaLeveraging Vehicle-Centric Data to Enhance Profitability As the post-pandemic world has begun to return to normal and drivers are back on the road, many insurers have seen a deterioration in claims performance, with the frequency and severity of loss ratios…
Paid More Information, Better Decisions for Insurers
October 20, 2020 by karenDid you know that in the U.S., 130 of the top 150 insurance carriers use CARFAX vehicle history data to improve underwriting and boost claims efficiency? In fact, CARFAX vehicle history data has proven to be highly correlated with loss…
Carproof vehicle data provider gets new name in Canada
November 1, 2018 by Greg MeckbachData provider Carproof Corp. is now known as Carfax Canada, parent firm IHS Markit Ltd. announced Thursday. Carfax – whose target market includes the auto insurance industry – collects data on vehicles so prospective buyers can find out whether they have…
Dangerous air bags can find their way into used cars, experts say
April 19, 2017 Tom Krisher and Ken Ritter - THE ASSOCIATED PRESSLAS VEGAS – A Nevada crash that nearly killed a young woman has exposed a hole in the government’s efforts to get dangerous Takata air bag inflators off the road: There’s nothing that prevents the devices from being taken from…