OWN DAMAGE · KASKO
The buyers who pay the most for these cars are not bidding today.
Your residual is the best of a domestic bid set. The economics that would carry the same vehicle higher sit in another country, and today they never reach it.
A buyer in Czechia
Different labour rates, different parts pricing and a different resale market for a repaired car. On a substantial part of a German book, that buyer is the one who would pay most — and today the vehicle never reaches him.
A buyer in Poland
The same mechanism again, with different economics. Across the two markets the difference against the domestic outcome is the largest single source of additional value on the book.
A vehicle he is sure to receive
A buyer who is certain of the vehicle and of the documents bids closer to his real number. This part is modelled rather than measured, and it is the smaller half.
Most of the additional value comes from geography, not from a price premium.
Derived from one German motor book's own-damage total losses, used with permission and reported in aggregate. Each vehicle is counted once, under whichever of the three sources sets its price, so nothing is counted twice. The cross-border buyer economics are calculated from market data; the certainty premium is an assumption. The per-vehicle figures are modelled rather than realised — they describe what the model says the book was worth, not money already earned — and we share them, with the derivation and the conservative and optimistic cases, directly with an insurer rather than publishing them here. Our fee is charged to the buyer and is already inside the bid those figures are built on, so it does not reduce them.
THE COMMITMENT
We bear the risk of selling the car
Predict
The highest bid across all platforms, with a confidence range around it.
Commit
We commit to buy the vehicle at that price. The price does not change afterwards.
You settle as today
You pay the policyholder the difference — replacement value less residual value — exactly as you do now.
We pay the rest
We pay the policyholder the residual value directly, and take the vehicle.
Your settlement does not change
The calculation is the one you run today. The only difference is that the residual value in it is a firm price rather than an estimate.
You bear nothing
No price risk, no disposal risk, no title, no administration. Whatever the vehicle sells for afterwards is our result, not yours.
HOW THE TRANSACTION WORKS
What makes the commitment a mechanism rather than a promise
Committing to a price is easy to say. The reason it holds is the settlement infrastructure underneath it, which ECX built and operates.
Held, not promised
Payment moves through a regulated payment provider and releases when the transaction completes. Neither side is exposed to the other's solvency at any point.
Verified before they can bid
Every buyer is identity-checked before entering the process. There is no anonymous participant anywhere in the chain.
Documents are handled for you
Title, deregistration and documentation are handled as part of the transaction. This is what lets a buyer in another country take the vehicle at all — and therefore what lets them bid at their real price.
Settlement inside insurer-sourced salvage. It is why the resale is our problem rather than yours.
COMMERCIALS
Priced per prediction, not per platform
A price per scored claim
Direct to the insurer, by API or batch file, with volume pricing agreed on the book. You pay only for the predictions you use.
Charged to the buyer
Payable on a completed sale and already inside the bid the figures are built on. Nothing is deducted from your side.
The pilot, priced up front
A one-off calibration and scoring run against your own history, at a fixed price agreed before it starts.
Pricing is quoted directly and agreed on the size of the book, so we do not publish a rate card here.