Keyword
Collision Repair
CU Total Loss Series: Bending Time
June 13, 2019 David Gambrill, Editor-in-ChiefTotal Loss Series, Part 3: Solutions Imagine Canada’s auto insurance industry saving millions of dollars each year in total loss costs and passing that along to Canadian drivers in the form of premium decreases. And all by simply reducing total…
How a new breed of car repair technician can drive down insurers’ repair costs
February 21, 2018 by Jason ContantNewer technology in vehicles is creating the need for a different skill set in collision repair facilities, something that could ultimately affect vehicle repair times for insurers. “This technology that is in the car now from a safety perspective brings…
Intact sounds alarm on escalating collision repair costs
February 12, 2018 by Greg MeckbachEscalating collision repair costs have commended the attention of Intact Insurance, as company officials continue to express disappointment with the Toronto-based insurer’s financial results in personal auto. Company officials said they had “unsatisfactory” performance in personal auto, with the chief…
How autonomous vehicles can reduce your claims payouts
December 8, 2017 Jason Contant, Online EditorMore autonomous and semi-autonomous vehicles on the road could potentially result in lower-speed collisions, resulting in a lower severity of damage, a collision repair industry expert told Canadian Underwriter recently. “As we start to see some of these advanced driver…
Autonomous vehicles will shrink U.S. auto OEM collision repair revenue by 48% by 2030: KPMG
May 18, 2017 by Canadian UnderwriterOriginal equipment manufacturers (OEMs) in the United States will see a 48% dent in their lucrative collision parts business as a result of self-driving cars, a new report from audit, tax and advisory firm KPMG. The report Will autonomous vehicles…