Risk Management with ClassicCarRatings

In today’s automotive market, accurate vehicle valuations are essential for insurers to manage risk effectively. The ClassicCarRatings risk management dashboard offers a centralised platform where insurers can monitor the vehicles in their own portfolio, providing up-to-date insights that support informed decision-making and proactive risk management.

What Information Is Available in the Portal?

Within the ClassicCarRatings risk management dashboard, insurers have access to the following information. Each vehicle includes:

• Information about the car
• The initial valuation assigned by ClassicCarRatings
• The updated valuation, complete with percentage changes
• The valuation report

This updated valuation can be compared directly to insured values, allowing insurers to accurately assess whether their premiums remain appropriate. The ability to view these metrics gives insurers a proactive approach to managing their portfolio.

Proactive Risk Management System

One of the standout features of the ClassicCarRatings risk management dashboard is the regular re-valuation of vehicles every six months. This commitment to ongoing appraisal ensures that insurers are never caught off guard by unexpected changes in vehicle valuations. By utilising these updated valuations, insurers can adjust their premiums as necessary and maintain optimal profitability while managing risk.

Contact Us to Enhance Your Risk Management

Insurers interested in taking advantage of the ClassicCarRatings risk management dashboard for their risk management strategies can easily get in touch with our team. We are dedicated to helping insurers navigate the complexities of vehicle valuations and remain competitive in an ever-evolving market. If you want to learn more about how to access our dashboard and use it’s features, please reach to us!