- The report contains detailed information about eAutoclaims Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
- Another part of the report is a SWOT-analysis carried out for eAutoclaims Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
- The eAutoclaims Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
- In the part that describes eAutoclaims Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
- Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of eAutoclaims Inc. business.
About eAutoclaims Inc.
eAutoclaims, Inc. provides Internet based vehicle collision claims services for insurance companies, managing general agents (MGA) and third party claims administrators (TPA) and self-insured automobile fleet management companies.
The company accepts assignment of claims from its customers, and provides vehicle repairs through a network of repair shops. It also provides online systems to connect clients with service providers of estimates, audits and claims administration services for claims for which the company does not perform the repair.
The company controls the vehicle repair process from the reporting of the accident through the satisfactory repair of damage. It has contracted with approximately 2,500 body shops throughout the United States to repair vehicles. These shops, referred to as its provider network, provide the company a discount on the vehicle repair because of the volume of repairs the company provides to them.
Products and Services
The company develops customized Internet technology solutions for insurance companies, financial services companies, and companies with fleets of vehicles and heavy equipment. These products provide for both a business process outsource and/or application service provider (ASP) solution aligned with industry standards. The outsourcing solution provides customers with a complete Internet based managed claims solution from first notice of loss through the completion of the repair cycle leveraging its vendor and partner networks. The ASP solution allows the customer to use its Internet technology solutions independent of its personnel, enabling them to reduce their costs associated with developing, supporting, and maintaining a proprietary technology solution.
The companys network of vendors and partners can provide services such as independent adjustors, car rentals, tow trucks, accident reporting and auto repair centers all available through its technology solutions. The ASP solution enables customers with their own network of vendors and partners to be integrated into its technology solutions.
The company, in its outsourcing solution, handles the entire collision repair function for its customers from the time of reporting of the accident through the vehicles satisfactory repair. Through its network of parts and repair service providers, the company is frequently able to obtain parts and services at lower costs than otherwise available. It monitors and audits all repair work to help assure that the proper repair work is performed at the negotiated price. These services include: centralized accident reporting, copies of accident reports, identifying the appropriate network repair facility and directing the policyholder to such facility, deliver repair estimates and photographs/digital images of damage to any location overnight or same day upload, audit of every claim by its in-house physical damage experts, assignment of independent field appraiser, when necessary, expedited delivery of part and materials as needed, computerized tracking and follow-up system to minimize repair time, replacement rental vehicles, and a lifetime guarantee from its network of repair shops (for as long as the insured owns the vehicle) on all physical damage body repairs and administration of manufacturer or installers warranty on replacement parts. The company help its clients manage their vehicle claims losses by providing the following:
Technology The company builds customized Web-based vehicle claim assignment and delivery systems for insurance companies and corporate fleets. Additionally the company builds asset recovery and remarketing Web services, applications, and tools for the financial services institutional sector. In addition, the company utilizes digital cameras, smart phones, Internet communication, advanced data storage, transmission and scanners for auto repair shops that are not equipped with digital cameras, to create a defined audit trial and high capacity digital storage. The company provides these customized applications to its clients with their own private label that includes their corporate colors and logos, which makes the claims, recovery and remarketing process transparent to both insurance company personnel and the insured.
Online, real time reporting: The company provides its customers with online, real-time reports of the most critical information used in their operations. These reports include a comparison of their average paid losses (cost to repair a vehicle), cycle time (time to complete an estimate of the damage), and lost adjustment expense (cost of the repair estimate or appraisal) between the eAutoclaims network, independent appraisers and staff appraisers.
Audit Trail: The company audits every claim that comes into its network. This helps the company delivers the lowest available audited cost to its clients on every repair.
The companys customers consist primarily of insurance companies, financial institutions, managing general agents (MGAs), third party administrators (TPAs) and managers of self-insured automobile fleets. Its customers include Mitchell International, Vision and Firemans Fund Insurance.
eAutoclaims, Inc. was founded in 1995. The company was formerly known as eAutoclaims.com, Inc. and changed its name to eAutoclaims, Inc. in 2004.
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1. EAUTOCLAIMS INC. COMPANY PROFILE
1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History
2. EAUTOCLAIMS INC. BUSINESS OVERVIEW
2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units
3. EAUTOCLAIMS INC. SWOT ANALYSIS
4. EAUTOCLAIMS INC. FINANCIAL ANALYSIS
4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot
5. EAUTOCLAIMS INC. COMPETITORS AND INDUSTRY ANALYSIS
5.1. eAutoclaims Inc. Direct Competitors
5.2. Comparison of eAutoclaims Inc. and Direct Competitors Financial Ratios
5.3. Comparison of eAutoclaims Inc. and Direct Competitors Stock Charts
5.4. eAutoclaims Inc. Industry Analysis
5.4.1. Insurance Industry Snapshot
5.4.2. eAutoclaims Inc. Industry Position Analysis
6. EAUTOCLAIMS INC. NEWS & EVENTS
6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events
7. EAUTOCLAIMS INC. EXPERTS REVIEW1
7.1. Experts Opinion
7.2. Experts Estimates
8. EAUTOCLAIMS INC. ENHANCED SWOT ANALYSIS2
9. UNITED STATES PESTEL ANALYSIS2
9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors
10. EAUTOCLAIMS INC. IFE, EFE, IE MATRICES2
10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix
11. EAUTOCLAIMS INC. PORTER FIVE FORCES ANALYSIS2
12. EAUTOCLAIMS INC. VRIO ANALYSIS2
APPENDIX: RATIO DEFINITIONS
LIST OF TABLES
eAutoclaims Inc. Key Facts
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
eAutoclaims Inc. Key Executives
Key Executives Biographies1
Key Executives Compensations1
eAutoclaims Inc. Major Shareholders
eAutoclaims Inc. History
eAutoclaims Inc. Products
Revenues by Segment
Revenues by Region
eAutoclaims Inc. Offices and Representations
eAutoclaims Inc. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
eAutoclaims Inc. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
eAutoclaims Inc. Capital Market Snapshot
eAutoclaims Inc. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Insurance Industry Statistics
eAutoclaims Inc. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
eAutoclaims Inc. Consensus Recommendations1
Analyst Recommendation Summary1
Price Target Summary1
Experts Recommendation Trends1
Revenue Estimates Analysis1
Earnings Estimates Analysis1
Revenue Estimates Trend1
Earnings Estimates Trend1
LIST OF FIGURES
eAutoclaims Inc. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
eAutoclaims Inc. 1-year Stock Charts
eAutoclaims Inc. 5-year Stock Charts
eAutoclaims Inc. vs. Main Indexes 1-year Stock Chart
eAutoclaims Inc. vs. Direct Competitors 1-year Stock Charts
eAutoclaims Inc. Article Density Chart
1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.
Enhanced SWOT Analysis
Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:
- How to use the strengths to take advantage of the opportunities?
- How to use the strengths to reduce likelihood and impact of the threats?
- How to overcome the weaknesses that obstruct taking advantage of the opportunities?
- How to overcome the weaknesses that can make the threats a reality?
Upon answering these questions a company can develop a project plan to improve its business performance.
PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.
Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.
Key Factors Examined by PESTEL Analysis:
- Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
- Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
- Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
- Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
- Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
- Legal – What laws and legislation will exert influence on the style the business is carried out?
IFE, EFE, IE Matrices
The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.
The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.
The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.
Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.
Porter Five Forces Analysis
The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:
- What composes a threat of substitute products and services?
- Is there a threat of new competitors entering the market?
- What is the intensity of competitive rivalry?
- How big is the bargaining power of buyers?
- How significant is the bargaining power of suppliers?
VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:
- Tangible resources
- Intangible resources
- Innovation and Creativity
- Organizational capabilities
The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:
- Costly to imitate?
- Organized properly?