automotive claims management innovation international insurance forum istanbul – april 7 th ,...
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Automotive Claims Management Innovation International Insurance Forum Istanbul – April 7 th , 2014. Solera is the global leader in Auto Claims Processing. Global Vehicle Collision Market : 100m Claims / Year. 56% market share. Manual Claims. 50m. Combined Competitors’ Market Share. - PowerPoint PPT PresentationTRANSCRIPT
PowerPoint Presentation
Automotive Claims Management Innovation
International Insurance Forum Istanbul April 7th, 2014
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IIF Istanbul April 7th, 2014Solera is the global leader in Auto Claims Processing
ManualClaimsAutomatedClaims56%market shareCombinedCompetitorsMarket ShareGlobal Vehicle Collision Market : 100m Claims / Year
#1 or #2 on almosteach of our marketsclaim processedevery second3500+ employeesworldwide50m50m
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28countries68countries100countries57%of global populationserved20072020 84%of global populationserved201466% of global populationservedInternational growth is crucial to capture the remaining 50%IIF Istanbul April 7th, 2014Paraguay 20073We provide our solutions to insurers worldwide
IIF Istanbul April 7th, 2014
(and many others)
IIF Istanbul April 7th, 2014$115m invested in R&D every year to furtherincrease our technological leadershipSan DiegoDDC-USSao PauloDDC-BRMadridDDC-SPParisDDC-FRMindenDDC-GEBeijingDDC-CHMunichGAC-STCZurichCore550+ employeesdedicated to R&D
MexicoDDC-MXPartnership with50+ major OEMs99% database coveragein advanced marketsCovers passenger cars & trucks & two wheelers
SeoulDDC-SKCurrently being setup5
AUTO PLATFORMAutomaticCheckSolera Tech.Center
VIN &RegistrationValuation &Salvage Mgmt.
BIG DATA PLATFORM
Business Intel. ToolPredictiveAnalysisFraudPrediction
DIGITAL PLATFORM
AudaWatchMobile Apps
Our product portfolio is divided into 3 platforms
IIF Istanbul April 7th, 20146The Value Proposition is the key conceptbehind each Solera service
IIF Istanbul April 7th, 2014Calculation
Fraud DetectionReduces cycle timeIncreases customer satisfactionReduces average claim cost by ~15%Parts
Enables parts suppliers competitionMarginalizes black market usageReduces average parts cost by ~15%Uses claims history to predict fraudIdentifies misbehaving customersDetects international fraud networks~15%claim cost reduction1/150fraudulent claims10-20%parts cost reduction
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Video 2020IIF Istanbul April 7th, 2014
QUESTIONS?Arnaud AGOSTINIRegional Managing Director France GCC Greater Middle East Netherlands North Africa Switzerland Turkey Vietnam
IIF Istanbul April 7th, 2014