Mitchell and Claim Toolkit Join Forces to Help Simplify the Total Loss Settlement Process for Automotive Insurers
The joint offering will be featured at this week's Mitchell mPower Conference and availability is expected in early 2021 for
"Constant statutory and regulatory changes and complex government back office procedures make it difficult for insurers to definitively know what taxes and fees they should pay on total losses," said
The new solution integrates the Claim Toolkit platform with Mitchell WorkCenter Total Loss, a comprehensive cloud-based vehicle valuation system that combines data analysis and vehicle valuation with Mitchell's leading physical damage claims handling solutions. For insurers that subscribe to the value-added joint offering, any taxes and fees that are associated with the total loss settlement will be automatically calculated based on state-specific requirements. Carriers can then use Mitchell WorkCenter Total Loss to seamlessly export a summary report or more detailed breakdown of the charges.
"Mitchell is committed to helping insurers successfully navigate the complexities of total loss vehicle valuations," said
More information about Mitchell's total loss valuation solution can be found online along with recent mPower Conference announcements including the company's introduction of the first-ever Extended Reality (XR) hands-free solution integrated into the collision repair workflow
and a new all-in-one system for diagnostic scanning, calibration and estimating. Customers interested in attending mPower Conference sessions should contact their Mitchell representative.
For collision repair and property casualty industry updates and perspectives, follow Mitchell on Twitter @MitchellClaims and @MitchellRepair. You can also follow Claim Toolkit on Twitter @ClaimToolkit.
About
Headquartered in
Mitchell,
For more information, please visit www.mitchell.com.
View original content to download multimedia:http://www.prnewswire.com/news-releases/mitchell-and-claim-toolkit-join-forces-to-help-simplify-the-total-loss-settlement-process-for-automotive-insurers-301151908.html
SOURCE
Tangram Insurance Services and Markel Announce Partnership to Provide Excess Liability Capacity For Tangram’s Propane & Fuel Program
Only The Wealthy Are Recovering From The COVID Recession
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News