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Auto Physical Damage Podcast

Episode 13: Not Your Father's Ride

Much has changed since the first advanced driver assistance systems were introduced and today鈥檚 鈥渞ides鈥 bear little resemblance to those of the past. Matt Moore, senior vice president at the Highway Loss Data Institute, joins the show to explain how the complexity and construction of modern vehicles affect claims frequency and severity. He also shares current trends in consumer driving behavior that have led to an increase in accidents and fatalities.
Auto Physical Damage Article

Long-Lasting Pandemic Trends That Might Surprise You

5 MIN READ

It is no surprise that the COVID-19 pandemic has changed much about the way we live and do business.

Auto Physical Damage Podcast

Episode 4: What Vehicle Lightweighting Means for Collision Repair

Ryan and Edwin Pope, principal analyst at IHS Markit, discuss the growing use of lightweight materials in new automobile design and construction. While these alternatives are helping to improve safety, boost fuel economy and reduce costs, they are also creating new challenges affecting insurance claims and the delivery of proper and safe repair.
Auto Physical Damage Article

The Shift in Mobility Patterns

5 MIN READ

Just two years ago, some experts predicted the end of private vehicle ownership and the growth of shared mobility or Mobility as a Service (MaaS). Then came COVID-19. Three trends have emerged, however, that are shaping mobility鈥檚 鈥渘ext normal鈥 and promising to have a long-lasting impact on the collision repair and auto insurance industries.
Auto Physical Damage Article

AI and Its Impact on Automotive Claims

6 MIN READ

For more than six decades, innovators have attempted to unlock the full potential of artificial intelligence (AI). That dramatic growth has only accelerated over the last year due, in part, to the pandemic and a 鈥渘ew reality鈥. According to one report, 87% of carriers are now spending in excess of $5 million annually on these technologies, which is more than in the banking and retail sectors.
Auto Physical Damage Article

Average Length of Rental for Repairable Vehicles: Q1 2021

6 MIN READ

Overall U.S. LOR for Q1 2021 remained stable compared to Q1 2020, with an increase of only 0.1 days. Since COVID鈥檚 impact on 2020 LOR was most evident in April鈥檚 increases, we may see a larger difference when analyzing LOR next quarter.
Auto Physical Damage Podcast

Episode 3: The Changing World of Automotive Recycling

In this episode, Ryan welcomes Jeff Helget, vice president of operations at B and R Auto Wrecking. Together they explore how the automotive recycling industry is adapting to growing vehicle complexity, the pandemic鈥檚 impact on the supply chain, and changes in method of inspection including virtual and automated estimating.
Auto Physical Damage Article

A Look Back at 2020 Trends in Auto Insurance

4 MIN READ

By taking a look at last year鈥檚 key trends, carriers and collision repairers can successfully navigate an uncertain future and adapt to what will likely be a new post-pandemic normal.