OEC partners with GT Motive to connect customers to competitive OE parts
- October 16, 2023
- Posted by: Salih Tahir
- Category: IBIS Newsletter
Partnership will increase genuine OEM parts usage, reduce total loss vehicles and write offs.
10th of October 2023, Newbury, UK : OEC and GT Motive are partnering to provide customers with greater access to competitive OE parts pricing support directly through the OEC VISION collision platform. VISION, a digital sales channel, is designed to connect manufacturers, repairers, and insurers to promote total loss avoidance and increase genuine OEM part sales.
“We are delighted to have GT Motive as a partner for our market-leading collision platform, VISION. GT Motive has an exciting product which is growing in the UK, and we are happy to be part of their journey,” said Damon Milne, International Product Director, OEC Trade & Collision. “This partnership gives OEC access to additional repair estimates for our clients, generated by the GT Motive platform, allowing us to increase genuine parts usage and save additional vehicles from being written off.”
The VISION collision platform leverages in-depth market insights to automatically identify and work to save borderline total loss vehicles. VISION allows insurers to run Total Loss Avoidance schemes, minimising the vehicles going to salvage after incident while increasing the genuine part prices available to repair networks. In doing so, VISION builds stakeholder relationships, streamlines existing workflows, and promotes OEM parts sales and usage.
By partnering with the largest manufacturers, dealers, repairers, and insurance providers globally, OEC can connect those involved in the vehicle parts and repair ecosystem. OEC provides access to the networks and data needed to transform selling, sourcing, leasing, managing, billing, and claims processes.
“We’re proud to partner with OEC to provide our users with access to pricing support on OE parts. Our customers can now benefit from competitive pricing to fit genuine which will provide a better quality repair and increase productivity,” said Executive Director of GT Motive, David Vella. “We’re continuously making improvements to our modern estimating platform to ensure repairers can complete repair cost calculations quicker and more accurately.”
GT Motive, creators of estimating platforms GT Global and GT Estimate, launched their cloud-based solutions into the UK’s claims market in 2020. With the OEC partnership, GT Motive is working with an OE parts ordering technology provider for the first time.
The OEC and GT Motive program leveraging the OEC VISION collision platform began in the UK on the 1st of October 2023.