Motordata Research Consortium (MRC) announced that it has become the ASEAN representative of Thatcham Research’s Global Associate member initiative.
Under the new agreement, MRC will act as a distributor of Thatcham Research’s other products and services across the ASEAN region and will provide outsourcing services for several UK-focused repair parts price projects.
In Malaysia, MRC will continue to use Thatcham Research’s PLAZA system to generate accurate repair times for Malaysian vehicles while having access to Thatcham Research’s wealth of vehicle research, data and services, which can be shared with its key stakeholders in the country.
The new agreement builds upon a decade-long relationship between the two organisations, which has seen MRC collaborate with Thatcham Research to provide vehicle repair times as the established standard within the Malaysian market.
The Global Associate Member status for MRC is a new category established to enable international companies to benefit from and contribute to research, supporting Thatcham Research in its goals of improving car safety, security and repairability at a global level.
MRC was established in 1998 at the request of Bank Negara Malaysia and the Malaysian Insurance Association (PIAM). Its fundamental mission is to reduce subjectivity in motor claims’ estimation and compensation.
Thatcham Research is the independent voice of automotive safety, security and repair, advising motorists, insurers and vehicle manufacturers to help reduce accident frequency, severity and costs.