The Number 1 Resource for Vocational Truck Fleets

Safety & Accident

CEI Upgrades Fleet Accident Salvage Technology

June 21, 2013

The CEI Group, Inc. has implemented enhancements to its salvage recovery technology that speed the process and further assure that clients will get the best price for their total-damage vehicles.

The enhancement includes a new page in CEI’s ClaimsLink 360 internal application that converts all data relevant to salvage claims to digital files and makes it readily accessible to CEI’s loss recovery specialists.

Among the enhancements are:

  • Automated notice from CEI’s fleet operations department to the salvage team as soon as a fleet declares a vehicle damaged in a collision a total loss.
  • A display of up to three estimates of the vehicle’s wholesale or retail value from   national salvage price data bases, to evaluate buyer bids.
  • The ability to send emails to an unlimited number of salvage buyers requesting bids.
  • A display of all bids received.
  • An unlimited display of all actions taken in the salvage process for every salvage claim.

“These enhancements have improved our salvage team’s productivity and is helping our clients receive more funds faster,” said Chris Villella, CEI’s senior manager of loss recovery and insurance services.

He explained that by speeding up the salvage process, the enhancements also help to shorten the average time it takes his department to complete the recovery of funds from third-party drivers responsible for accidents with CEI fleet clients.

Since January, 2008, CEI has completed nearly 4,300 salvage sales with a total value of $13.3 million.  The company increased its salvage sales by more than 48 percent from 2011 to 2012.  

CEI sold this totaled 2012 Chevy Traverse for $6,200 this year.
CEI sold this totaled 2012 Chevy Traverse for $6,200 this year.

RELATED CONTENT: 

Comment On This Story

Name:  
Email:  
Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

FleetFAQ

Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All

 

Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All

 

Sponsored by

Ed Stanley had a career wtih Oldsmobile from 1964 to 1972. He was the first ever manager of national fleet sales for the Oldsmobile Division.

Read more