CAP has launched a new valuation tool called CAPcalc Market Value Manager which...
CAP has launched a new valuation tool called CAPcalc Market Value Manager.
The tool takes insurers and their customers through a valuation process - bespoke to each individual claim - arriving at a settlement price based on industry benchmark CAP used car values.
CAP says the impact will be to "substantially reduce users' share of the industry's annual total loss claim spend of £1.2bn - and the billions more spent on overheads - while increasing customer satisfaction by offering the fairest possible settlements."
