Posts Tagged ‘trends’
In this month’s edition of Industry Trends, Susanna breaks down the changes in vehicle complexity, repair costs and cycle time and how they drive us to rethink the entirety of the customer’s repair experience from crash to keys. How can our industry use technology to rethink the consumer claim and repair experience, placing more capabilities […]
In this month’s edition of Industry Trends, Susanna analyzes Q1 of 2019 and the decrease in auto claim frequency since 2017. To check out the rest of the #CCCTrends series, visit CCC’s YouTube channel. Download the full pdf here.
Self-service claims and repair scheduling capabilities via digital devices are just two examples of how our industry is using technology to ‘shift-left’ – providing customers with enhanced self-service capabilities via technology that ensures the same or better level of customer service and engagement. In this month’s edition of CCC Industry Trends, Susanna Gotsch explores how […]
The cost of vehicles has risen as automakers have increased the complexity of vehicles with more safety features, telematics, and other technology. In this month’s edition of Industry Trends, Susanna addresses the consequences of those rising vehicle costs and what it means for your business. To check out the rest of the #CCCTrends series, visit CCC’s […]
What is to come in 2019? Hard to believe yet another full year has passed by –and yet here we are, at the start of 2019. Among the top stories of 2018 within the collision repair and insurance industries were those underscoring the growing complexity of vehicles, their repairs, and the demands among consumers […]
Are ADAS and Vehicle Autonomy Changing Crash Characteristics? Susanna Gotsch, Director and Industry Analyst at CCC Information Services analyzes the ever-changing indicators of ADAS and autonomous vehicles collisions compared to traditional vehicles. To check out the rest of the #CCCTrends series, visit CCC’s YouTube channel. Download the full pdf here.
Analysts are projecting that the increasing volume of used vehicles would lead to a dramatic fall in prices. Yet, despite a moderation in residual values as used vehicle supplies have grown, the average wholesale and retail used vehicle value has grown. Why is that? Susanna Gotsch, Director and Industry Analyst at CCC Information Services analyzes […]
(This article was originally featured in Digital Insurance) An editorial in the NY Times “The Trucks are Killing Us” recently caught my attention. With data from the National Safety Council (NSC) reporting traffic fatalities up 14 percent year-to-date through June 2015 the title resonates. Better employment, inexpensive gas, and driver distraction are all factors the […]
Much of our reported research over the last several months has focused on how the automotive claims and collision repair industries are experiencing lifts in both auto claim frequency and cost, returning in many ways to pre-recession trends. When we look at the broader demographics however we see that the U.S. saw little to no […]
Automotive claim frequency and costs are on the rise again. The most recent data from the ISS Fast Track Plus™ data reveals Private Passenger Auto Collision losses experienced an increase in claim frequency of 4.3 percent for the rolling four quarters ending Q4 2014 versus the rolling 12 months ending Q4 2013.1 Property Damage Liability […]