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From artificial intelligence to advanced driver assistance systems, technology is transforming the Property & Casualty insurance and collision repair industries. Stay updated on the latest ÌÇÐÄÉÙÅ® and ÌÇÐÄÉÙÅ® news and business trends.
ÌÇÐÄÉÙÅ® Recognized as a 2025 Stratus Award Winner for Its Transformative, AI-Powered Claims Automation Solutions
ÌÇÐÄÉÙÅ® today announced that it is a winner of the Business Intelligence Group’s 2025 Stratus Awards for Cloud Computing. Now in its 12th year, the awards program honors organizations, products and individuals innovating in the cloud to power the future of business. ÌÇÐÄÉÙÅ® was named a top technology company in the Software as a Service (SaaS) category for its achievements in transforming the collision-damage appraisal process.
Collision Claims for Battery Electric Vehicles Shrink for the First Time in the U.S. While Hybrid Claims Surge
ÌÇÐÄÉÙÅ® today announced the release of its latest Plugged-In: EV Collision Insights report. The Q2 2025 edition examines the decrease in collision claims frequency for repairable battery electric vehicles (BEVs) in the U.S. and increase in mild hybrid electric vehicle (MHEV) claims across North America. It also explores how changes to government incentive programs are impacting consumer adoption of BEVs on both sides of the border.
Strong Sales of New Battery Electric Vehicles Face Tariff Threat
ÌÇÐÄÉÙÅ® today released its Plugged-In: EV Collision Insights report for Q1 2025. This edition of the quarterly publication examines how new U.S. tariffs are threatening consumer adoption and sales of battery electric vehicles (BEVs). It also explains why these automobiles are at a disadvantage compared to their internal combustion engine (ICE) counterparts when it comes to import taxes.
ÌÇÐÄÉÙÅ® Launches Cloud-Native Guidewire Integration to Help Insurers Expedite Claims Processing
ÌÇÐÄÉÙÅ® today announced the availability of its cloud-native integration for Guidewire ClaimCenter. The new integration optimizes loss profiling, assignment and damage appraisal workflows by automatically synchronizing data from Guidewire and ÌÇÐÄÉÙÅ® applications, helping auto insurers reduce leakage and expedite claims processing.
Collision Claims Increased by More Than 30% While Average Severity Plateaued for Battery Electric Vehicles Last Year
ÌÇÐÄÉÙÅ® today announced the latest release of its Plugged-In: EV Collision Insights report. This edition features an overview of the most notable annual trends in battery electric vehicle (BEV), mild hybrid electric vehicle (MHEV) and plug-in hybrid electric vehicle (PHEV) collision claims. Following a second year of record sales for new cars with electrified powertrains, claims frequency for repairable BEVs rose to 2.71% in the U.S. and 3.84% in Canada in 2024, a year-over-year increase of 38% and 34% respectively.
Primary Point of Impact Contributing to Differences in Claims Severity for Battery Electric and Internal Combustion Engine Vehicles
ÌÇÐÄÉÙÅ® today announced the release of its Q3 2024 Plugged-In: EV Collision Insights report. This issue provides an overview of the point-of-impact and severity differences between repairable battery electric vehicles (BEVs) and automobiles with an internal combustion engine (ICE).