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Armada Data Corp V.ARD

Armada Data Corporation is a Canada-based information and marketing services company. The Company is engaged in providing real-time data to institutional and retail customers, through developing, owning and operating automotive pricing-related Web sites and providing information technology and marketing services to its clients. The Company’s segments include Insurance Services, CarCostCanada, and Information Technology (IT) Services. The Insurance Services division is engaged in the sale of total-loss replacement vehicle reports to Canadian insurance companies. The CarCostCanada division is engaged in the sale of new car pricing data to consumers primarily through the Company’s flagship Website www.CarCostCanada.com and reselling of new car pricing data to qualified third party vendors. The Information Technology division supplies Web and email hosting, technical support and network support services (for both internal and retail users) and the resale of hardware and software solutions.


TSXV:ARD - Post by User

Bullboard Posts
Post by Ducky11on Aug 29, 2018 12:05pm
53 Views
Post# 28536132

vehicle valuation report

vehicle valuation reportJust recently had a vehicle written off due to accident and I am in the process of trying to settle on a valuation with my insurance company. Armada Data also supplies these type of reports to insurance companies, it is actually a substantial part of their business. Anyway the insurance company sent me a Vehicle Valuation Report prepared by JD Powers and I will say this. It is far superior to anything I've seen from Armada Data and it appears that the JD Power report is computer generated using a used car database unlike Armada Data which, I believe, still uses manpower for these tasks.
So just a warning to all, this part of Armada's revenue stream is hardly secure.
Bullboard Posts