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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 ¶¶ÒõÏÂÔØ»Æ and Enlyte news and business trends.

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Latest ¶¶ÒõÏÂÔØ»Æ Data Shows Continued Increase in Electric Vehicle Collision Claims

¶¶ÒõÏÂÔØ»Æ today announced the publication of its latest trends report: Plugged-In: EV Collision Insights. This issue provides a year-over-year analysis of EV claims volume, which increased in 2023 by more than 40% in the U.S. and Canada.

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Classic Collision Licenses ¶¶ÒõÏÂÔØ»Æ Cloud Estimating for Use at All Locations

¶¶ÒõÏÂÔØ»Æ and Classic Collision, LLC, one of the top four largest MSOs in the nation, today announced that they have signed a multi-year agreement. The enterprise licensing agreement gives all current and future Classic Collision locations access to ¶¶ÒõÏÂÔØ»Æ Cloud Estimating with Integrated Repair Procedures as well as the company’s Paintless Dent Repair (PDR) calculator.

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¶¶ÒõÏÂÔØ»Æ Reports a Lower Total Loss Rate for Electric Vehicles

¶¶ÒõÏÂÔØ»Æ released its latest trends report: Plugged-In: EV Collision Insights. This quarter’s report examines total loss frequency for electric and ICE automobiles. In the U.S. and Canada from Q1 to Q3 2023, the EV total loss rate was 7.25% for models 2020 and newer. Luxury ICE automobiles had a rate of 7.47% versus 8.49% for all ICE vehicles.

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Mazda and ¶¶ÒõÏÂÔØ»Æ Renew Collision Network Agreement and Introduce Program Enhancements

¶¶ÒõÏÂÔØ»Æ and Mazda North American Operations (MNAO) today announced that they have signed a contract renewal. Under the terms of the contract, ¶¶ÒõÏÂÔØ»Æ will continue to serve as program administrator of the Mazda Collision Network in the United States.

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¶¶ÒõÏÂÔØ»Æ Named a Global Leader in Cloud Computing for Innovative, AI-Powered Appraisal Review Solution

¶¶ÒõÏÂÔØ»Æ today announced that it received a 2023 Stratus Award for Cloud Computing from Business Intelligence Group. The organization’s annual awards program seeks to identify the companies, products and people offering unique solutions that take advantage of cloud technologies.