e2e has partnered with Incited to transform the way insurers can interrogate and apply total loss data to inform business decision making.
It has innovated its management information and reporting function to ensure data loss data is updated every 24 hours. Clients are also able to select their own data ranges for time series comparison analytics, monitor KPIs and benchmark their results against anonymized, aggregated market data.
Meanwhile, e2e will enhance the service further by the end of the year by introducing predictive analytics, SalvageMarket auction data and reclaimed parts data.
Jim Loughran, CEO at e2e said: “The total loss market represents untapped commercial opportunities for insurers and access to high quality data will enable them to identify, evaluate and act on those opportunities. Static monthly reporting simply cannot provide the business insights they need.
“The creation of our data platform and our new, interactive approach to MI reporting is part of our business strategy to be the premier data-led and technology-enabled provider of salvage claims management and fulfilment services.”