the subtleties of profitability
DESCRIPTION
THE SUBTLETIES OF PROFITABILITY. “It is a very sad thing that nowadays there is so little useless information.” Oscar Wilde. Fast. Information. Transmisible. Abundent. Easy to undestand. Usable. VALUABLE. Our portfolio:. AUTOSEL ASIS SERVISEL SPSEL INKASSO EURODEMONT JUSTALERT. - PowerPoint PPT PresentationTRANSCRIPT
International Insurance Forum 2014
Istanbul – April 7th 2014
THE SUBTLETIES OF PROFITABILITY
International Insurance Forum 2014
Istanbul – April 7th 2014
“It is a very sad thing that nowadays there is so little
useless information.”
Oscar Wilde
International Insurance Forum 2014
Istanbul – April 7th 2014
AbundentFast Transmisible
Easy to undestand
VALUABLEUsable
Information
International Insurance Forum 2014
Istanbul – April 7th 2014
• AUTOSEL
•ASIS
•SERVISEL
•SPSEL
•INKASSO
•EURODEMONT
•JUSTALERT
Our portfolio:
International Insurance Forum 2014
Istanbul – April 7th 2014
Claims evaluation• It represents a transparent, accurate and neutral method of evaluating the repair costs;• It transmits the collected data (the calculation and images) straight to an insurer’s servers in real time;Decission making tool
ASIS
International Insurance Forum 2014
Istanbul – April 7th 2014
What next?
Sell wrek Repair
SERVISELAUTOSEL
International Insurance Forum 2014
Istanbul – April 7th 2014
Online car wreck auction system• It is the first step in order to conserve the amount paid for a claim;• It is not dependent of the age of the vehicle or the technical characteristics;•The recuperated amount reached peaks of 70% of the insured value (average - 35%);•Developed in 2006.
AUTOSEL2012
> EUR 18 million2013
> EUR 20 million2014 – 1st quarter> EUR 12 million
International Insurance Forum 2014
Istanbul – April 7th 2014
Repair costs auction system•The body shops compete to repair the vehicle at the lowest costs;• The repair time decreases consistently;•It helps find the best suited body shop to complete the repair;• It has reduced normal repair costs by a minimum of 18%.
SERVISEL
International Insurance Forum 2014
Istanbul – April 7th 2014
How far can one take a repair process?
International Insurance Forum 2014
Istanbul – April 7th 2014
INKASSOFraud prevention tool•Provides info about a vehicle based on the VIN• Allows to track car wrecks that were repaired and then reinsured;• Combines with data about persons involved in other fraudulent activities.
Fraud prevention 2012
> EUR 45 million2013
> EUR 80 million2014 – 1st quarter> EUR 30 million
International Insurance Forum 2014
Istanbul – April 7th 2014
Thank you for your attention!
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