Automotive Solutions
- Addenda Auto
- Addenda Repair
- Addenda Quote
With the insurance industry undergoing a significant transformation driven by advanced technologies such as artificial intelligence (AI), the concept of smart auto claims management – a fully digital and automated workflow process – is transformational.
In auto insurance, the critical decision between repairing a vehicle or declaring it a total loss can impact both an insurer’s financial stability as well as the overall satisfaction and loyalty of its customers.
In the realm of automotive repairs and insurance claims, the precision of damage estimation is not merely a procedural step; it's the bedrock of trust, efficiency, and financial sustainability. Misestimations can lead to a cascade of negative outcomes, including inflated costs, customer dissatisfaction, and operational inefficiencies. Here, we delve into the crux of estimation accuracy, exploring its challenges and proposing industry-leading practices to elevate accuracy and reliability.
ADDENDA is fully customisable and covers the entire auto repair journey.