On July 18, 2018, CCC Information Services Inc. (CCCIS) announced the formal launch of DRP trial operation project with Runhua Automotive Holdings Co., LTD.
Fully recognizing that cooperation with insurance companies in the DRP mode represents the future development trend and direction of China Automobile Marketing Group, after signing the DRP project with CCCIS in June this year, after a period of intensive preparation, Runhua Auto will officially begin to meet the interconnection with insurance companies, and make preparations and running-in work for the future DRP cooperation.
As one of the pioneers of the DRP model, CCCIS has introduced the complete experience of establishing a mature DRP ecology in the United States for more than 30 years to the outstanding automobile dealer groups in China. As one of the top 100 dealer groups in China and the second largest automobile dealer group in Shandong Province, Runhua Automobile has made an in-depth investigation into the American aftermarket of accident vehicles in March this year. The introduction of DRP as an important part of the group's accident vehicle strategy development has smoothly entered the concrete implementation stage.
Luan Hanggan, President of Runhua Automobile Holdings Co., Ltd. fully affirmed the DRP trial operation: "Runhua Automobile has been focusing on improving the maintenance efficiency of accident vehicles for many years, constantly enhancing the transparency of management, and reasonably controlling the risk of insurance claims. Through this strategic cooperation with CCCIS China on DRP project, we hope to introduce its profound operational experience and technical means in the field of DRP, truly realize the interconnection with insurance companies, and create a more convenient, more transparent and more secure service experience for accident vehicle maintenance. CCCIS has new technologies for commercialization in mature markets. Runhua Group is looking forward to a deeper cooperation with CCCIS, so as to improve the management and control efficiency of Runhua Group, create business value and promote the sustainable development of its business with the help of a sound DRP ecosystem. At the same time, we also believe that the close cooperation between the two parties can open up the data link of insurance companies and aftermarket, facilitate the reform of China's insurance industry, and promote the establishment of a transparent, efficient and win-win accident vehicle ecosystem."
Hou Que, senior vice president and China general Manager of CCCIS Group, said: "Since 2017, CCCIS has promoted the implementation of DRP in Ningbo National Insurance Innovation Comprehensive Pilot Zone, which has proved the contribution of DRP to create value and improve efficiency for all parties in the field of accident vehicle maintenance. DRP brings a new opportunity for automobile dealer groups to transform into involved in accident vehicle maintenance. We hope that DRP will pave the way for future win-win cooperation between Runhua Auto and the insurance company, truly realize mutual respect and mutual resources, and build a more lasting and trustworthy cooperative relationship between the two sides."
About CCC Information Services
CCC Information Services Inc. (CCCIS) was founded in 1980 and is headquartered in Chicago. As a leading software, technology and consulting service provider in the United States, CCCIS provides advanced auto insurance claims, automotive aftermarket, Internet of vehicles and personal injury solutions to more than 350 insurance companies, 24,000 repair companies and nearly 4,300 auto dealers in the United States.
Since 2010, CCCIS has been deeply engaged in the Chinese market, and has established in-depth cooperation with many of the top 10 property insurance companies in China, helping them to optimize auto insurance claims management, risk control rules and business intelligence analysis platforms. In 2017, CCCIS introduced DRP into China, and successively reached DRP strategic cooperation with Sedan Chen Group, Master plate injection and Huasheng Group, which helped all parties in China's accident car ecosystem to improve transaction efficiency, reduce operating costs, so that the insurance has a stronger degree of trust, auto repair has more participation, accessories have better transparency, and promote the industry to mature.
About Runhua Automobile Holdings Co., LTD
Founded in 1990, Runhua Group Co., Ltd. is a large comprehensive joint-stock enterprise group with multi-functional automobile service industry as the leading industry, diversified development of pharmaceutical, property management, real estate development and other strategic industries and shares in the financial industry. The company now has more than 10,000 employees, total assets of more than 10 billion yuan, and operating income of more than 10 billion yuan. Runhua Group is one of the largest automobile dealer groups in Shandong Province and the most influential automobile service brand in the province. It owns the management rights of 20 domestic mainstream automobile brands, forming a brand structure of "medium and high-end cars + luxury cars". Based in Jinan, Runhua Automobile marketing service network covers the whole province. It has established 60 standard 4S stores and 12 clusters of 4S stores in 12 cities such as Jinan, Qingdao, Weifang, Jining and Heze, serving 600,000 automobile users in the whole province.
