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April 18, 2015 9:18 AM ET

Software

Company Overview of Explore Information Services, LLC

Company Overview

Explore Information Services, LLC provides database insurance technologies and e-government applications to property and casualty insurance carrier, repair shop, and government agency markets in the United States. The company offers auto solutions, including E.A.R.S., a violation monitoring system; RiskAlert, a youthful driver discovery solution; and Auto Location Insight, a location-based predictive model that enhances the performance of rating territories for auto insurance companies. It also offers Violation Predictor, an MVR decision intelligence solution. In addition, the company offers home solutions, including FireSafe, an automated fire station protection information solution; FireSa...

2900 Lone Oak Parkway

Suite 140A

Eagan, MN 55121

United States

Founded in 1989

Phone:

651-681-4467

Fax:

651-681-4476

Key Executives for Explore Information Services, LLC

President and Regional Managing Director
Chief Financial Officer
Director of Operations
Vice President of Sales and Managing Director
Director of Compliance and Associate General Counsel
Compensation as of Fiscal Year 2014.

Explore Information Services, LLC Key Developments

ABRA Extends Strategic Relationship with AudaExplore to Improve Claims Efficiency

AudaExplore announced it has signed an agreement to extend its Estimating, Central Review, and Consolidator Dispatch services to all ABRA Auto Body & Glass locations in the United States. After experiencing efficiency gains through AudaExplore’s solutions, ABRA has decided to extend its strategic relationship for two more years. In addition to an extended agreement, ABRA has also added Consolidator Dispatch to its portfolio of AudaExplore services, allowing more self-management for its operations and franchise owners. With Consolidator Dispatch, ABRA will be able to re-route insurance work assignments to the most appropriate ABRA location, taking into account the work load and proximity of each shop. ABRA and its franchise owners will experience increased shop productivity through: Improved cycle time and streamlined communication processes - Efficient routing of assignments through the call center to repair center - Expand convenience and availability to vehicle owners with 20 hours per day service.

AudaExplore Introduces Predictive Analytics Solution with Launch of New Decision Science Platform

AudaExplore has introduced a Predictive Analytics Solution as part of its new Decision Science Platform. The Predictive Analytics Solution, which is fully integrated with AudaExplore Estimate Check, is a real-time, data-driven solution that uses advanced algorithms to accurately automate business processes, increasing efficiency and productivity. It includes repair versus replace analysis and parts and labor relational modeling. The predictive product is part of AudaExplore's Decision Science Platform, which improves performance by leveraging data to predict business outcomes and drive actionable insights. The Decision Science Platform includes visualization tools that make it easier to spot trends, as well as mobile access for fast, on-the-go decision making. It currently offers estimating analysis for partial and total loss, parts and labor analysis to manage quality and costs, and repair analytics to understand DRP performance, with additional tools to come. A key feature of the Predictive Analytics Solution is its ability to predict when external sheet metal parts should be replaced versus repaired. AudaExplore models suggest that more than 20% of bumper covers and hoods that are replaced could instead be repaired. On average, it costs $300 more to replace a front or rear bumper cover rather than repair it. The cost variance rises to $479 for hood panels. By identifying parts to be repaired instead of replaced, AudaExplore's Predictive Analytics Solution could collectively save insurance policy holders millions of dollars annually while improving the customer experience, reducing settlement times and increasing trust among shops, insurers and the end consumer.

AudaExplore and Performance Gateway to Combine Solutions to Provide Performance Data for Insurance Carriers and Repairers

AudaExplore and Performance Gateway have entered into a long-term strategic partnership. Phase one of this partnership includes a data integration agreement that will enable AudaExplore customers to seamlessly include estimating data in the Performance Gateway Balanced Scorecard. As a result of the agreement, insurers will initially be able to quickly incorporate their estimatics data within the performance management platform provided by Performance Gateway. Developing the integration means a greatly reduced lead time for implementing the Balanced Scorecard, allowing customers to begin visualizing their data and enabling enhanced performance management for the collision repair industry.

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