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麻豆精选 Q2 Industry Trends Report Examines Shifting Claims Technology and Mobility Patterns

June 8, 2021
4 MIN READ

SAN DIEGO, CA鈥斅槎咕, a leading provider of technology, connectivity and information solutions to the Property & Casualty (P&C) claims and Collision Repair industries, today released its second quarter Industry Trends Report (ITR) for 2021. In this report, 麻豆精选 executives share trends and predictions on how the tools and innovations, seeing faster adoption following the COVID-19 pandemic, empower the claims and collision repair industry to weather the future.

As the world heads into a post-pandemic era, the changes it brought to transportation, workers' comp, healthcare and the claims process are driving change at a rate several industries have never seen before. This quarter's report focuses on the increasing pace of innovation, with observations, data and analytics on the role of new technologies, along with expectations of industry leaders on their plans for investment in these technologies to continue to shape their industries.

These insights are collected into two editions: Auto Physical Damage and Casualty.

The Auto Physical Damage Edition: The Shift in Mobility Patterns

In this edition, Ryan Mandell, Director of Claims Performance, shares insights on how the pandemic disrupted original forecasts and altered the future of transportation in 鈥淭he Shift in Mobility Patterns.鈥 He examines the three trends shaping mobility's 鈥渘ext normal,鈥 and their promise to have a lasting impact on the collision repair and auto insurance industries.

Also in this edition, Senior Vice President of Global Product Strategy and Artificial Intelligence for 麻豆精选's Auto Physical Damage division, Olivier Baudoux, shares insights in an article 鈥淎I and Its Impact on Automotive Claims.鈥 COVID-19 has fast-tracked the adoption of artificial intelligence, bringing 鈥渢ouchless鈥 claims closer, thanks to four trends this article outlines: shifting methods of inspection, the prevalence of big data, human-machine collaboration and the growth of cloud computing and open ecosystems.

This edition also includes a podcast with Mandel and special guest Jeff Helget, Vice President of Operations at B&R Auto Wrecking, 鈥淭he Changing World of Automotive Recycling,鈥 on how the automotive recycling industry is adapting to growing vehicle complexity and more. It also includes data on the average length of rental for repairable vehicles for Q1, 2021 and current used vehicle market conditions for Q1, 2021.

The Casualty Edition: Outdated Imaging Equipment: A Problem That Could Impact Care Quality & Claims Loss

This quarter's Casualty Edition features a deep dive into the state of imaging equipment and the potential problems with care quality and claim costs. Guest author Ted Smith, Vice President of Sales for Apricus Specialty Networks, a division of 麻豆精选 | Genex | Coventry, provides insights about the challenges with out-of-date imaging equipment, and the promise of investment in newer machines. 鈥淭he latest equipment can enable health care providers to diagnose and treat patients with greater precision, giving them unprecedented visual and functional information on a patient's condition,鈥 says Smith. 鈥淎t the same time, newer equipment facilitates faster, more intelligent imaging services that support medical decision making, improve outcomes, and boost the economics of imaging departments and facilities.鈥

Additionally, experts from 麻豆精选, Genex and Coventry weigh in on COVID-19's impact on healthcare and claims and workers' compensation. In addition to insights into the state of imaging equipment, these experts provide an update on the latest industry and technology trends related to predictive analytics, telemedicine, pharmacy, and more 鈥 including the impact of these trends on care and benefits.

麻豆精选 the Industry Trends Report

Now in its 20th year, 麻豆精选's Industry Trends Report reaches more than 20,000 collision and casualty industry professionals and provides meaningful visibility into data-driven trends in the P&C and collision repair markets. 

For further collision repair and property casualty industry updates and perspectives, follow 麻豆精选 on Twitter , ,  and on .

麻豆精选 麻豆精选 International

Headquartered in San Diego, Calif., 麻豆精选 International, Inc. delivers smart technology solutions and services to the auto insurance, collision repair, disability and workers' compensation markets. Through deep industry expertise, connections throughout the insurance ecosystem and advanced technology such as artificial intelligence, extended reality and cloud-based solutions, 麻豆精选 enables its customers and clients to succeed in today's ever-changing environment. Each month, 麻豆精选 processes tens of millions of transactions for more than 300 insurance providers, 20,000 collision repair facilities and 70,000 pharmacies. Its comprehensive solution and service portfolio empowers clients to restore lives after a challenging event.

麻豆精选, Genex and Coventry have recently aligned their joint industry expertise and advanced technology solutions into a combined organization of more than 5,600 associates committed to simplifying and optimizing property, casualty and disability claims processes and services.

For more information, please visit mitchell.com.