Allianz and Synetiq launch sustainable vehicle repairs app

Integrated salvage and vehicle recycling company, Synetiq and insurer Allianz have launched a digital platform designed to help vehicle repairers in sourcing green parts.

Digitally integrating the supply of more environmentally friendly components, Mygreenparts provides a drastically simplified purchasing process for repairers, as well as representing a significant step towards a circular economy for the sector.

Nick Rossiter, motor damage strategy manager, Allianz Claims, commented: “Through their long partnership, Allianz and Synetiq have worked together on an ethical and sustainable approach to vehicle salvage. The Mygreenparts platform allows a seamless process for our repairers to purchase green parts, benefitting our customers, repair network and the planet.”

Allowing repairers to use their existing software system to generate an estimate for a vehicle repair, Mygreenparts automatically notifies Synetiq’s stock control system of the parts required – within the guidelines agreed with Allianz. This enables Synetiq to offer all matching items from its inventory of over 200,000 green parts. Synetiq only supplies non-safety critical green parts to be fitted, such as doors, body panels and headlamps. Parts have been graded, cleaned, safety checked and come with a declaration certificate of parts conformity, BS 10125.
The new solution will also enable repairers, insurers and fleets to measure and report the emissions and carbon savings they achieve.

Tom Rumboll, CEO of Synetiq, added: “As the only truly integrated supplier of green parts on a national scale, we’re able to handle the complete process of vehicle salvage and dismantling from start to finish. Further enhancing our leading green parts proposition to our valued insurer clients, via repairers, it is a great step forward in our common goal of automated and sustainable motoring solutions.”

Image courtesy Synetiq

    Share Story:

Recent Stories

Financial institutions were early adopters of cyber security and insurance. Are they still on top of the game?
Managing huge amounts of sensitive data online makes financial institutions a prime target for hackers. As such, the sector was an early cohort for insurers in creating cyber cover. Since then, the market has evolved almost beyond recognition. It continues to challenge itself to this day, complying with rigorous regulatory demands and implementing avant-garde enhancements to keep abreast of the ever-changing risks. Published June 2021

Manufacturing: An industry at risk amid great technological change
Of the many sectors of business, manufacturing companies are among the most at risk from cyber threats. How has the sector evolved to make it so vulnerable and what does the task of managing cyber exposure in a manufacturing company look like? CIR’s latest podcast with Tokio Marine HCC sought to answer all these questions and more. Published April 2021