The Challenge
Rising Recall and Warranty Incidents
A notable increase in defective units has led to more frequent and severe recalls and warranty repairs.
Substantial Financial Liabilities
Suppliers often shoulder a significant portion of recall expenses, adversely affecting their financial health.
Complex Regulatory Environment
Evolving regulations demand stringent compliance, adding to operational challenges.
Imbalanced Supplier Agreements
Contracts often favor OEMs, leaving suppliers with disproportionate financial exposure during recalls or warranty claims.
Our Solution
Technical Claim Validation
Conducting in-depth forensic analyses to confirm the legitimacy of claims, reducing unnecessary payouts.
Proactive Cost Containment
Utilizing advanced failure analysis to anticipate and address potential issues before they escalate, minimizing future claims.
Data-Driven Risk Assessment:
Leveraging extensive industry data to provide actionable insights, enhancing decision-making and operational efficiency.
Expert Consultation Services
Offering guidance from seasoned professionals to navigate complex warranty and recall scenarios, safeguarding financial interests.
Why Choose NovaVantage Partners?
At NovaVantage Partners, we bring over 45 years of combined automotive industry experience to help insurers and suppliers navigate complex warranty and recall challenges. Our data-driven methodologies and proven track record ensure effective claim management and cost reduction. Partner with us for comprehensive support and measurable results.
Ready to Reduce Your Warranty and Recall Costs?
Contact Us for a Free Assessment Today!