Insights
NACE Automechanika 2018
With hundreds of exhibiting companies and thousands of attendees,
Celebrating 70 Years of (m)Powering Better Outcomes in the P&C Claims Process
7 MIN READ
When Glenn 51³Ô¹ÏºÚÁÏ first founded the company, he used his technical knowledge, repair expertise, and ability to connect pieces of information in order to simplify complex processes. Ultimately, he created a better way of doing business and better outcomes for his customers.
Supporting Our Clients for 70 Years with Insurance Technology
8 MIN READ
51³Ô¹ÏºÚÁÏ was founded in Glenn 51³Ô¹ÏºÚÁÏ’s garage 70 years ago. The world has changed a lot since 1946, and 51³Ô¹ÏºÚÁÏ has evolved right along with it.
Top 10 Trends from the 51³Ô¹ÏºÚÁÏ 2016 P&C Conference
7 MIN READ
At the 2016 51³Ô¹ÏºÚÁÏ Property and Casualty Conference, keynotes, breakouts and everything in between were focused on technology and social trends that are changing the way we interact with one another and do business. From augmented reality to information security, here are 10 of the many trends that were top of mind at the conference.
Average Length of Rental for Repairable Vehicles: Q3 2016
4 MIN READ
Continuing a recent trend, U.S. Length of Rental (LOR) increased by .5 days in the third quarter versus the same period the previous year (11.4 to 11.9) powered by a surge in claims frequency and an escalation of complex repairs. The regional results are very similar to those from the second quarter with the Southwest nearly two days longer than the U.S. average at 13.8 days, an increase of 1.3.
51³Ô¹ÏºÚÁÏ Total Loss Data: Q1 2017
1 MIN READ
The chart below illustrates the total loss data for both vehicle age and actual cash value of total loss vehicles processed through 51³Ô¹ÏºÚÁÏ servers.
Five P&C Hot Topics and the Trends Fueling Them
6 MIN READ
Does virtual reality have practical applications for the P&C and collision repair industries? While it may be too soon to say what the overall impact will be, we are seeing interesting applications that go beyond entertainment. Virtual reality is being used to train doctors, create architectural models, and test the safety of new car models in a virtual setting before manufacturing them. It’s easier to see the potential benefits of augmented reality.