Auto Trader has teamed up with Aviva to power a new tool which could cut the time it takes to identify if a damaged vehicle should be declared a total loss and create new leads for dealers.
Insurance provider Aviva receives more than 40,000 motor claims a year and will now make use of Auto Trader’s market valuations data to determine an accurate and fair settlement price for written-off vehicles with its newly-launched tool.
Should the car be declared a total loss, Aviva’s motor claims handlers are able to provide an instant settlement price based on the live retail market and also identify potential replacement vehicles from classifieds posted on the Autotrader.co.uk website.
Rob Townend, claims director, Aviva, said: “This is a great example of Aviva investing in digital solutions which make life easier for our customers.
“Our total loss settlement tool means that we can instantly use data pooled from Auto Trader, the UK’s largest Marketplace for new and used cars for sale, to make better decisions, faster – reducing uncertainty for our customers and allowing them to get behind the wheel quicker.”