- mygreenparts the first automated solution for the insurance and vehicle repair sectors
- Platform only offers parts matching repair standards and insurance requirements.
- The initiative supports sustainable repairs.
Integrated salvage and vehicle recycling company SYNETIQ and insurance provider Allianz have launched the mygreenparts digital platform that will boost vehicle repairers’ ability to source green parts.
Digitally integrating the supply of more environmentally friendly components, mygreenparts provides a drastically simplified purchasing process for repairers – saving both time and money. A major initiative in a more sustainable future for body and mechanical repairs, it’s 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.”
Cheaper, faster, greener
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.
Significantly cheaper and more environmentally friendly, green parts contain less embedded carbon and cost up to 75% less than their newly manufactured equivalent. Guaranteeing that quality standards are maintained, SYNETIQ dismantles category B vehicles for Allianz and ensures they are processed responsibly, with component inspection and full traceability.
Mygreenparts will enable repairers, insurers, and fleets to measure and report the emissions and carbon savings they achieve through this climate conscious approach. Captured data can be used to identify trends and enhance fulfilment rates. The development of the mygreenparts platform is expected to increase the proportion of green parts used in vehicle repairs.
SYNETIQ ensures all Category B vehicles are dismantled on site, rather than being re-sold to third parties – a fundamental stipulation for Allianz, and a key example of SYNETIQ putting compliance at the forefront of its operations.
By guaranteeing that unsafe vehicles are permanently removed from the roads, and not sold for reuse in other markets, SYNETIQ and Allianz demonstrate a shared approach to sustainable and ethical salvage, which is not focussed on revenue generation.
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.”
Insurers and fleet operators currently using SYNETIQ’S mygreenfleet system will be able to migrate to the new platform, and benefit from time and CO2 savings, while the development of mygreenparts allows it to integrate with other Bodyshop management systems and reach a wider audience.