The new initiative is a ‘great step forward’ in ‘automated and sustainable motoring solutions’
Allianz Insurance has partnered with salvage and recycling company SYNETIQ to launch a digital platform which helps vehicle repairers’ source green parts.
The platform, mygreenparts, digitalises the supply of recycled spare parts. It aims to facilitate the purchasing process for bodyshops and support sustainable repairs.
Mygreenparts offers parts that match repair standards and insurance requirements, while also enabling companies to measure and report emissions and achieved carbon savings, as well as capturing data to identify trends to help enhance fulfilment rates.
Nick Rossiter, motor damage strategy manager at Allianz Claims, said: “Through their long partnership, Allianz and SYNETIQ have worked together on an ethical and sustainable approach to vehicle repairs.
”The mygreenparts platform allows a seamless process for our repairers to purchase green parts, benefiting our customers, repair network and the planet.”
Green parts cost up to 75% less than their newly manufactured equivalents.
Tom Rumboll, chief executive of SYNETIQ, added: “As the only truly integrated supplier of green parts on a national scale, we handle the complete process of vehicle salvage from start to finish.
“Enhancing our leading green parts service directly to insurers, via bodyshops, is a great step forward in our common goal of automated and sustainable motoring solutions.
“Insurers and fleet operators currently using SYNETIQ’s mygreenfleet system will be able to migrate to the new platform and benefit from time and CO2 savings, while the development of mygreenparts allows it to integrate with other bodyshop management systems and reach a wider audience.”
How it works
SYNETIQ dismantles vehicles that Allianz has written off, ensuring that parts are processed responsibly with component inspection and full traceability.
When repairers generate an estimate for a vehicle repair, their software automatically notifies the recycling company’s stock control system for the parts required – within rules agreed with Allianz.
This enables the company to offer matching parts. These are non-safety critical items such as doors, body panels and headlamps which have been graded, cleaned, checked and come with a certificate of parts conformity.
SYNETIQ is the largest UK-owned salvage and vehicle recycling company. It aims to create bespoke solutions to deliver maximum financial returns for businesses.