Cox Automotive Ecommerce and Canopy Connect Partner to Enhance Online Car Buying
Thursday, May 9th, 2024
Cox Automotive, the world's largest automotive services and technology provider, and Canopy Connect, the leading insurance verification platform, today announced a new collaboration to embed insurance verification and servicing capabilities into Cox Automotive's Ecommerce solution to enhance the online car buying experience for consumers and dealerships.
Cox Automotive Ecommerce provides a fully automated and online consumer car buying experience. Through state-of-the-art automation and AI capabilities the collaboration will improve upon the traditional deal process while delivering increased efficiency and fraud prevention measures that benefit both car shopper and dealership.
Approximately seventy percent of car shoppers engage in some form of ID verification during their shopping experience, according to Cox Automotive Ecommerce Platform Analytics (9/1/23-11/30/23). Integrating Canopy Connect's insurance verification and servicing technology builds on Cox's vision to transform the auto retail transaction, making it more convenient for consumers to verify their insurance and reducing risk of fraud for automotive dealers.
"Canopy Connect's technology helps Cox Automotive Ecommerce realize its vision for an end-to-end online car buying experience," said Tolga Tezel, founder and CEO at Canopy Connect. "We look forward to further integrations with Cox Automotives' portfolio of products to add insurance verification and servicing capabilities."
Learn more about how Canopy Connect and Cox Automotive Ecommerce work together here:
https://www.usecanopy.com/integrations/cox-ecommerce