Quantified and Verified Benefits Produced by MTA RTG Methodology

For panel repairers and insurance industry to adopt an industry standard, they must be able to quantify the benefits that such a methodology will provide.

We have summarised below the key benefits which have been derived from the usage of the MTA Realistic Time Guide;

Joint Benefits;

• Industry based & supported realistic times guide
• Reduces “at the coal face” negotiations with assessments between Repairers & Insurers
• Separates consumables from labour – MVIRI Code & Productivity Commission endorsed.
• Ability to negotiate rates on a yearly basis
• Consumables & materials reviewed on a yearly basis
• Improves productivity for all users
• Reduced error rate by estimator and assessor

Repairer Benefits;

• streamlined estimating process
• crash list with over 750 operations
• loadings for consumables
• sundry items guide
• ongoing research
• field reports to address issues
• negotiate labour rates

Insurer benefits;

• streamlined assessing process
• reduced decision making with automated processing of assessments
• faster claim settlement,
• ability to focus on key areas of the estimate without exceeding productivity requirements
  - method of repair
  - operations required
  - repair times
• ability to negotiate agreed labour rates
• ability to negotiate set sundry items
• equal competitive footing

Sustainability;

Ensures a transparent and measured approach to sustaining the motor body repair industries cost of repairs whilst allowing for insurers to adjust premiums on factual information of increases in the actual cost of vehicle repairs.