Mitchell International Selected by Elephant Auto Insurance(TM) – Innovative Insurance Upstart Features WorkCenter(TM) Total Loss Valuation Solution for U.S. Launch
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| Source: | Market Wire |
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SAN DIEGO, CA and RICHMOND, VA -- (MARKET WIRE) -- 12/14/09 -- Mitchell International, Inc., a leading provider of information, workflow and performance management solutions to the Property & Casualty claims and Collision Repair industries, today announced that Elephant Insurance(TM) (Elephant) has selected the company's WorkCenter(TM) Total Loss valuation product. Elephant is the new U.S. auto insurance brand of one of the fastest growing insurance companies in the UK, Admiral Group plc. Elephant will be partnering with Mitchell because its market-leading WorkCenter(TM) Total Loss product generates fair, market-driven total loss vehicle values that are trusted by consumers. Andrew Rose, President & CEO, Elephant, said, "As a startup, Elephant places a premium on partners who are able to give us a competitive advantage in the U.S. collision repair marketplace in terms of costs, efficiency, claims accuracy, and customer service. Mitchell's WorkCenter Total Loss delivers it all, in addition to ensuring regulatory compliance in those states where we operate." "Since total loss claims can be disruptive for customers, Elephant intends to settle them quickly and accurately. WorkCenter Total Loss helps our clients get back on the road faster because the solution was developed in partnership with J.D. Power and Associates, a brand which American consumers recognize and trust," Rose added. WorkCenter Total Loss produces trusted vehicle valuations that utilize comparable vehicles from consumer recognizable brands. This eliminates the "black box" feel of other total loss valuation systems and results in higher first call settlement rates for carriers. The credibility of the J.D. Power and Associates brand, coupled with Mitchell's collision repair industry know-how and technology, eases the settlement process for all parties, reducing claims cycle time and increasing customer satisfaction. "We are pleased to welcome Elephant Insurance to the U.S., and look forward to helping this exciting young company grow and succeed," said Marc Brungger, Executive VP at Mitchell International. "Mitchell's WorkCenter Total Loss product allows Elephant's adjusters to settle claims efficiently using an intuitive and powerful methodology. The final report format allows the customer to easily understand the rationale behind the vehicle valuation." WorkCenter Total Loss is a statistically driven, fully automated single solution that optimizes the total loss claims settlement process. WorkCenter Total Loss is available via the web or as a stand-alone, desktop application. For more information, please visit www.mitchell.com. About Elephant Elephant, founded in 2009, is a newly-formed direct to consumer automobile insurance company. The company encourages a climate of individual contribution, long-term commitment and profitable growth and believes people who like what they do, do it better. Located in Richmond, VA, Elephant Insurance Services, LLC is a wholly owned subsidiary of Admiral Group, PLC. More information is available at www.elephant.com About Mitchell International, Inc. Mitchell International (www.mitchell.com) is a leading provider of information and workflow solutions to the Property & Casualty Insurance Claims and Automotive Collision Repair industries. The company's comprehensive solution portfolio streamlines the entire auto physical damage, bodily injury and workers' compensation claims processes. Mitchell enables millions of electronic transactions between more than 30,000 business partners each month to enhance partner productivity, profitability, and customer satisfaction.


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