Cox Automotive Ecommerce Partners with Canopy Connect

Cox Automotive Ecommerce Partners with Canopy Connect

The collaboration will embed insurance verification and servicing into Cox Automotive's Ecommerce solution.

Cox Automotive, the world’s largest automotive services and technology provider, and Canopy Connect, the leading insurance verification platform, 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 (September 1, 2023, to November 30, 2023). 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.

“We set out to build an end-to-end online car buying platform and knew that insurance verification was a key part of the F&I process that was missing,” said Paulo da Silva, vice president of operations for Ecommerce at Cox Automotive. “We worked with Canopy Connect’s technology and team to bridge that step so our dealer partners can create a trusted and comfortable environment for online transactions with their consumers.”  

“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 Automotive’s portfolio of products to add insurance verification and servicing capabilities.” 

Learn more about how Canopy Connect and Cox Automotive Ecommerce work together here.

You May Also Like

Randy Wise Automotive Establishes $50,000 Scholarship

The scholarship fund is established at Northwood University in honor of Randy Wise Automotive Group Founder Randy Wise.

Randy Wise Automotive Group is establishing a $50,000 scholarship fund at Northwood University in honor of its esteemed founder and leader, Randy Wise.  

“We are deeply honored by Randy Wise Automotive Group's generous contribution, which aims to support and inspire the next generation of automotive retail industry leaders by providing critical financial assistance to students enrolled in Northwood’s Automotive Marketing and Management degree program," stated Dr. Matthew Bennett, vice president of strategic alliances and the Center for Automotive and Mobility Studies at Northwood University.

Lithia & Driveway Expands Retail Network in US Southeast Region

These newly acquired stores are projected to generate over $240 million in annualized revenue for Lithia & Driveway.

Orbee Integrates ActivEngage Messaging Data

Integrating messaging data into CDP shopper profiles will help create powerful shopper journey segmentation and personalization.

NADA and Authenticom Introduce NADA Vault

NADA Vault is a secure dealership data syndication platform to syndicate their data among vendors, customers and manufacturers.

CarNow Introduces ‘Conversion+’ for Independent Car Dealers

The new platform facilitates live connections between dealerships and customers, guides the shopping process and drives sales conversion.

Other Posts

Rita Case Tips Her Hat to Holy Cross Health Staff

Hospital staff enjoys lunch sponsored by Rick Case Automotive in celebration of National Nurses Week and National Hospital Week.

NextGear Capital Rolling Out Self-Audit Capability

Using its popular mobile app, NextGear’s new feature enables dealers to complete vehicle audits on their own.

F&I Survey Shows Generational Differences in Research, Shopping

Price, availability and budget remain top of mind for consumers, but convenience in research and selection are growing in importance.

Impel Adds WhatsApp to AI-Powered Platform

Integration enables global auto retailers and OEMs to deliver AI-powered omnichannel experiences, encompassing the messaging platform.