Through the Lens of a Disruptor
ClaimBuyout Celebrates its Second Year of Disrupting the Auto Claims Industry
2022 has been a year like no other. At ClaimBuyout, we managed to make it our best yet. We have disrupted the auto claims industry in just two years and set a new standard for customer satisfaction and cycle time. With our innovative model of pre-accident value before repairs are made, we have purchased over $40 million of vehicles to date—a testament to our hardworking team and loyal customers. We look forward to the year ahead with even more milestones, faster results, and higher customer satisfaction as we strive to innovate in this space.
Leading with empathy has allowed us to provide a valuable service to those in unfortunate circumstances following an auto collision. We are a unique team of people who understand the gravity of what we do, which is reflected in our consistent 70% success rate. We recognize that giving people the option to sell their vehicles is an economically viable choice, and every claim referred our way is handled with individual care and attention to detail.
In a world disrupted by broken supply chains, lag in new vehicle production, volatile gas prices, and a surge in reckless driving patterns, we at ClaimBuyout remained steadfast. We continued to invest in people, technology, and innovation with the launch of our revised website, continuous training for our customers, and the launch of our insurance adjuster portal—ClaimBuyout Direct.
I am delighted to share one of the many highlights throughout the year was one we found ourselves deeply humbled by receiving recognition by being named one of the NU PropertyCasualty360 Luminaries Class of 2022 for Technology Innovation in the P&C Insurance Industry. Our goal has always been to create less friction and provide a seamless solution that truly makes a difference to those we serve daily. It is encouraging to know that we are achieving this goal and getting recognized for our actions.
On behalf of all of us at ClaimBuyout, thank you for your continued partnership and support!
We look forward to further strengthening our impact in 2023 and beyond.