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AutoData ME Launches AI Suite to Disrupt Auto Insurance & Used Car Markets

AutoData ME Launches AI Suite to Disrupt Auto Insurance & Used Car Markets

Hi Dubai21-07-2025
AI Valuation Engine. Risk Coefficient. DealRevs. Claim Hub. Four data-powered tools driving pricing accuracy, fraud prevention, and used car profitability across the GCC.
As the UAE's auto insurance sector faces mounting scrutiny over rising premiums, opaque pricing, and a lack of reliable data, especially for electric and grey-import vehicles, AutoData Middle East is stepping up with a smarter, more transparent path forward.
The company has launched a next-generation suite of AI-powered intelligence tools designed to improve pricing accuracy, enhance risk evaluation, prevent fraud, and boost profitability across the used car and insurance ecosystem. Built on precision, transparency, and deep regional expertise, AutoData's AI-powered tools offer a smarter way forward. They address major blind spots caused by inconsistent underwriting and gaps in data quality at a critical time when deductibles have soared and coverage is increasingly difficult to access.
The new suite, including the AI Valuation Engine, Risk Coefficient, Claim Hub, and Deal Revs - a unified intelligence infrastructure built to help insurers, dealerships, and marketplaces make faster, more informed decisions across the GCC. You cannot make strong decisions with partial information - yet that is how much of the industry still operates,
said Sebastian Fuchs, Managing Director of AutoData Middle East. Over the years, we have seen how a lack of data precision leads to loss, inefficiency, and risk across insurance, trade, and valuation. This suite is the result of years of market observation and product innovation, built specifically for the GCC. It gives our partners the visibility, speed, and accuracy they need to lead in a fast-evolving market, while raising the standard of transparency for the entire ecosystem. The AI Valuation Engine: Real-Time Pricing Built for the GCC
Built for the GCC, the AI Valuation Engine delivers real-time used car pricing with unmatched accuracy. Trained on more than 100 million data points, from both live and historical transactions, it reflects real market behaviour and updates every two weeks. Insurers, marketplaces, and dealerships use it to price vehicles with confidence and consistency. Risk Coefficient: Revolutionising Risk-Based Insurance Underwriting
Traditional pricing models often overlook critical risk factors. Risk Coefficient brings a new standard to underwriting by analysing over 50 vehicle attributes, including safety features, power-to-weight ratios, and real-time depreciation data. It is especially effective in closing pricing gaps for electric and grey-import vehicles, where traditional models often fall short. By addressing mileage blind underwriting losses, Risk Coefficient helps insurers reduce exposure, improve pricing accuracy, and offer fairer, data-driven premiums across all vehicle risk profiles. Claim Hub: The UAE's Total Loss Intelligence Engine
Claim Hub enables insurance providers to securely exchange real-time data on total loss vehicles through seamless API integration. By connecting to critical UAE sources such as Emirates Vehicle Gate and the Dubai Traffic Accidents Database, Claim Hub supports fraud prevention, streamlines claims processing, and ensures regulatory compliance. Claim Hub gives insurers deeper visibility into total loss activity and helps strengthen portfolio performance through real-time data sharing, collaboration, and regulatory transparency. DealRevs: Unlocking Profit in the Used Car Market
DealRevs empowers dealerships to unlock margin, streamline trade-ins, and optimise inventory decisions in a rapidly growing used car market. Through features like dynamic pricing, in-house auction integration, and marketplace syndication, DealRevs supports faster turnover, improved trade-in accuracy, and reduced holding costs. For mid-size dealerships, the platform can deliver profitability gains of over AED 1.5 million annually. A Vision Rooted in Innovation
Since 2006, AutoData Middle East has expanded its data network, built strategic integrations with partners like JATO and CARFAX, and led market-specific innovation in VIN decoding, fraud prevention, AI modelling, and insurance underwriting.
With the launch of this new intelligence suite, AutoData Middle East is advancing its mission to build a more transparent, connected, and data-driven automotive ecosystem across the region. As insurers, fleet operators, and digital platforms navigate rapid shifts in mobility and risk, AutoData is committed to delivering the insight and technology needed to lead the future, not just adapt to it.
Learn more about DealRevs, AutoData Middle East's profitability platform for used car dealerships, designed to optimise trade-ins, inventory, and resale strategy: www.dealrevs.com
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AutoData ME Launches AI Suite to Disrupt Auto Insurance & Used Car Markets
AutoData ME Launches AI Suite to Disrupt Auto Insurance & Used Car Markets

Hi Dubai

time21-07-2025

  • Hi Dubai

AutoData ME Launches AI Suite to Disrupt Auto Insurance & Used Car Markets

AI Valuation Engine. Risk Coefficient. DealRevs. Claim Hub. Four data-powered tools driving pricing accuracy, fraud prevention, and used car profitability across the GCC. As the UAE's auto insurance sector faces mounting scrutiny over rising premiums, opaque pricing, and a lack of reliable data, especially for electric and grey-import vehicles, AutoData Middle East is stepping up with a smarter, more transparent path forward. The company has launched a next-generation suite of AI-powered intelligence tools designed to improve pricing accuracy, enhance risk evaluation, prevent fraud, and boost profitability across the used car and insurance ecosystem. Built on precision, transparency, and deep regional expertise, AutoData's AI-powered tools offer a smarter way forward. They address major blind spots caused by inconsistent underwriting and gaps in data quality at a critical time when deductibles have soared and coverage is increasingly difficult to access. The new suite, including the AI Valuation Engine, Risk Coefficient, Claim Hub, and Deal Revs - a unified intelligence infrastructure built to help insurers, dealerships, and marketplaces make faster, more informed decisions across the GCC. You cannot make strong decisions with partial information - yet that is how much of the industry still operates, said Sebastian Fuchs, Managing Director of AutoData Middle East. Over the years, we have seen how a lack of data precision leads to loss, inefficiency, and risk across insurance, trade, and valuation. This suite is the result of years of market observation and product innovation, built specifically for the GCC. It gives our partners the visibility, speed, and accuracy they need to lead in a fast-evolving market, while raising the standard of transparency for the entire ecosystem. The AI Valuation Engine: Real-Time Pricing Built for the GCC Built for the GCC, the AI Valuation Engine delivers real-time used car pricing with unmatched accuracy. Trained on more than 100 million data points, from both live and historical transactions, it reflects real market behaviour and updates every two weeks. Insurers, marketplaces, and dealerships use it to price vehicles with confidence and consistency. Risk Coefficient: Revolutionising Risk-Based Insurance Underwriting Traditional pricing models often overlook critical risk factors. Risk Coefficient brings a new standard to underwriting by analysing over 50 vehicle attributes, including safety features, power-to-weight ratios, and real-time depreciation data. It is especially effective in closing pricing gaps for electric and grey-import vehicles, where traditional models often fall short. By addressing mileage blind underwriting losses, Risk Coefficient helps insurers reduce exposure, improve pricing accuracy, and offer fairer, data-driven premiums across all vehicle risk profiles. Claim Hub: The UAE's Total Loss Intelligence Engine Claim Hub enables insurance providers to securely exchange real-time data on total loss vehicles through seamless API integration. By connecting to critical UAE sources such as Emirates Vehicle Gate and the Dubai Traffic Accidents Database, Claim Hub supports fraud prevention, streamlines claims processing, and ensures regulatory compliance. Claim Hub gives insurers deeper visibility into total loss activity and helps strengthen portfolio performance through real-time data sharing, collaboration, and regulatory transparency. DealRevs: Unlocking Profit in the Used Car Market DealRevs empowers dealerships to unlock margin, streamline trade-ins, and optimise inventory decisions in a rapidly growing used car market. Through features like dynamic pricing, in-house auction integration, and marketplace syndication, DealRevs supports faster turnover, improved trade-in accuracy, and reduced holding costs. For mid-size dealerships, the platform can deliver profitability gains of over AED 1.5 million annually. A Vision Rooted in Innovation Since 2006, AutoData Middle East has expanded its data network, built strategic integrations with partners like JATO and CARFAX, and led market-specific innovation in VIN decoding, fraud prevention, AI modelling, and insurance underwriting. With the launch of this new intelligence suite, AutoData Middle East is advancing its mission to build a more transparent, connected, and data-driven automotive ecosystem across the region. As insurers, fleet operators, and digital platforms navigate rapid shifts in mobility and risk, AutoData is committed to delivering the insight and technology needed to lead the future, not just adapt to it. Learn more about DealRevs, AutoData Middle East's profitability platform for used car dealerships, designed to optimise trade-ins, inventory, and resale strategy:

AutoData Middle East launches next-gen intelligence suite to transform the region's auto insurance and used car markets
AutoData Middle East launches next-gen intelligence suite to transform the region's auto insurance and used car markets

Zawya

time21-07-2025

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AutoData Middle East launches next-gen intelligence suite to transform the region's auto insurance and used car markets

Dubai, UAE – As the UAE's auto insurance sector faces mounting scrutiny over rising premiums, opaque pricing, and a lack of reliable data, especially for electric and grey-import vehicles, AutoData Middle East is stepping up with a smarter, more transparent path forward. The company has launched a next-generation suite of AI-powered intelligence tools designed to improve pricing accuracy, enhance risk evaluation, prevent fraud, and boost profitability across the used car and insurance ecosystem. Built on precision, transparency, and deep regional expertise, AutoData's AI-powered tools offer a smarter way forward. They address major blind spots caused by inconsistent underwriting and gaps in data quality at a critical time when deductibles have soared and coverage is increasingly difficult to access. The new suite, including the AI Valuation Engine, Risk Coefficient, Claim Hub, and Deal Revs - a unified intelligence infrastructure built to help insurers, dealerships, and marketplaces make faster, more informed decisions across the GCC. 'You cannot make strong decisions with partial information - yet that is how much of the industry still operates,' said Sebastian Fuchs, Managing Director of AutoData Middle East. 'Over the years, we have seen how a lack of data precision leads to loss, inefficiency, and risk across insurance, trade, and valuation. This suite is the result of years of market observation and product innovation, built specifically for the GCC. It gives our partners the visibility, speed, and accuracy they need to lead in a fast-evolving market, while raising the standard of transparency for the entire ecosystem.' The AI Valuation Engine: Real-Time Pricing Built for the GCC Built for the GCC, the AI Valuation Engine delivers real-time used car pricing with unmatched accuracy. Trained on more than 100 million data points, from both live and historical transactions, it reflects real market behaviour and updates every two weeks. Insurers, marketplaces, and dealerships use it to price vehicles with confidence and consistency. Risk Coefficient: Revolutionising Risk-Based Insurance Underwriting Traditional pricing models often overlook critical risk factors. Risk Coefficient brings a new standard to underwriting by analysing over 50 vehicle attributes, including safety features, power-to-weight ratios, and real-time depreciation data. It is especially effective in closing pricing gaps for electric and grey-import vehicles, where traditional models often fall short. By addressing mileage blind underwriting losses, Risk Coefficient helps insurers reduce exposure, improve pricing accuracy, and offer fairer, data-driven premiums across all vehicle risk profiles. Claim Hub: The UAE's Total Loss Intelligence Engine Claim Hub enables insurance providers to securely exchange real-time data on total loss vehicles through seamless API integration. By connecting to critical UAE sources such as Emirates Vehicle Gate and the Dubai Traffic Accidents Database, Claim Hub supports fraud prevention, streamlines claims processing, and ensures regulatory compliance. Claim Hub gives insurers deeper visibility into total loss activity and helps strengthen portfolio performance through real-time data sharing, collaboration, and regulatory transparency. DealRevs: Unlocking Profit in the Used Car Market DealRevs empowers dealerships to unlock margin, streamline trade-ins, and optimise inventory decisions in a rapidly growing used car market. 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Learn more about DealRevs, AutoData Middle East's profitability platform for used car dealerships, designed to optimise trade-ins, inventory, and resale strategy: -Ends- MEDIA CONTACT | SOAR PR ( Honour Chokote | honour@ Noha Ahmed | noha@ About AutoData Middle East AutoData Middle East, a subsidiary of World Automotive Group, is the leading automotive data solutions provider in the Gulf Cooperative Council (GCC) region. Headquartered in the UAE, AutoData ME is a pioneering force in automotive policy issuance and claims management and is dedicated to empowering professionals and facilitating informed decision-making. The leading automotive data solutions provider instils confidence in its partners and the automotive market, fostering trust through innovative solutions. Launched in the region in 2010, and currently operating across the GCC, AutoData Middle East provides comprehensive vehicle history reports in the UAE, KSA, Kuwait, Oman, Qatar, and Bahrain. 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Grounded in accountability, data-driven decision-making, and clarity of communication, the company continuously seeks to innovate and shape the future of mobility.

Chinese car brands gain ground in UAE's growing used vehicle market
Chinese car brands gain ground in UAE's growing used vehicle market

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Chinese car brands gain ground in UAE's growing used vehicle market

Sebastian Fuchs, managing director of AutoData Middle East. Chinese car brands are rapidly gaining traction in the UAE's used car segment, reflecting shifting consumer preferences and a broader realignment of market dynamics in the region, reveals Sebastian Fuchs, managing director of AutoData Middle East. Fuchs, whose firm operates the Vehicle Report platform, a data-driven tool launched last year to boost transparency and trust in used vehicle transactions, says Chinese brands are accelerating in both sales and long-term value retention. 'Chinese brands have notably accelerated, with Jetour growing 150.4 per cent YoY, becoming the 4th most popular brand,' Fuchs told Gulf Business . 'Among newer entrants, the Jetour X70S STD stands out with 88 per cent retention after one year and 82 per cent by year three, reflecting growing trust in competitively priced Chinese SUVs.' In Q1 2025, used car buyer demand has centred around models from 2015–2020 , priced between Dhs10,000 and Dhs90,000 , with sedans like the Toyota Camry and SUVs like the Nissan Patrol remaining top search choices. However, there's growing attention on newer electric and hybrid models, especially as more Chinese EVs enter the resale market backed by generous warranties. Read: 'Electric vehicles have also surged, growing 62.2 per cent YoY in Q1 2025, with Tesla leading the segment at 43 per cent market share,' Fuchs noted. 'Consumer confidence is backed by extended warranties, particularly from Chinese brands, offering up to 7-year or 200,000 km warranties.' Auto lending rates in the UAE have become more attractive, aided by Q4 2024 rate cuts in the US. 'Financing has become more attractive, with auto lending rates decreasing approximately 0.5 per cent. Banks have intensified promotions like limited-time 0 per cent financing offers with mandatory 20 per cent down payments,' said Fuchs. This environment, combined with an influx of residents ( Dubai added over 51,000 people in Q1 2025 ) is pushing demand for affordable mobility options. 'The UAE used car market is expected to remain on a strong growth path, driven largely by population growth,' he said. On pricing and consumer behaviour, the UAE diverges from other GCC markets. 'In 2025, UAE GCC-spec vehicles averaged Dhs 180,000 with a model year around 2019, compared to KSA's average of SAR130,000 (Dhs127,252) for 2020 models,' said Fuchs. 'UAE buyers are more digitally driven, with 83 per cent starting their search online… while KSA buyers still favour traditional dealerships.' Looking ahead, Fuchs expects geopolitical trade policies to impact inventory flows. 'Recent global developments, such as new US tariffs, could lower used car prices in the UAE by increasing availability and competition among European and Chinese automakers,' he said. As trust in newer brands and digital platforms increases, AutoData's Vehicle Report platform is tapping into a more discerning and digitally savvy buyer base. 'This behavior indicates a growing segment of consumers who favour independent sellers and online platforms that offer more transparency and variety rather than the traditional franchise route,' Fuchs added.

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