Careers at Mitchell International
Mitchell International’s mission is to simplify and accelerate the claims management and collision repair processes.
Glenn Mitchell was the Parts Manager of a car dealership in post-World War II San Diego. He loved to make lists, and he created comprehensive lists of auto parts numbers, descriptions, and prices to assist his parts counterman in researching parts for body shops. The reports became known for their specificity and he became known for the extensiveness of his documentation.
As word of his efforts spread, he began getting contacted by other car dealers, body shop workers, and insurance adjusters seeking his resource. Because of this interest, he realized he had a valuable asset in hand. So in 1946 he founded Mitchell International out of his garage. Its purpose would be to make his lists available on a commercial basis.
Specifically, Mitchell created a parts catalog for collision repair estimating. It could be used by accident victims to inform their insurance companies on how much a substitute part would cost and how long the repair would take. Over time, the firm expanded information provided to include auto physical damage claims, workers' compensation, auto casualty, and pharmacy claims handling.
Mitchell International was a great success, making it attractive to buyers. In 2000 it was acquired by private equity company Hellman & Friedman. In 2007 it was purchased by Aurora Capital Group for $500 million. In 2013 it was bought again by Kohlberg Kravis Roberts for $1 billion. It is now the largest provider of collision repair information in North America.
Business model of Mitchell International
Mitchell International has a niche market business model, with a specialized customer segment. The company targets its offerings at firms in the auto physical damage and casualty claims markets.
Mitchell International offers five primary value propositions: accessibility, convenience, innovation, performance, and brand/status.
The company creates accessibility by providing a wide variety of options. It has acquired several firms since its founding, including Cogent Works (a provider of pharmacy network management services), FAIRPAY Solutions (a provider of workers' compensation, liability, and billing review services), and, National Health Quest (a provider of out-of-network medical payment negotiations and services). This strategy has enabled it to significantly expand its capabilities and diversify its portfolio.
The company offers convenience by making life simpler for customers. Its solutions automate each step of the collision repair and claims handling process, resulting in less work for clients.
The company places a strong emphasis on innovation. It operates Mitchell Innovation & Design (also known as Mitchell Labs), an initiative focused on driving innovation throughout the firm. The program utilizes the Mitchell Innovation Framework, a process that enables its team of data scientists, designers, developers, and product managers to examine problems in a structured manner. Mitchell also with customers to identify cutting-edge solutions through on-site observation, onside/field customer observations, iterative/prototype testing, and Customer Advisory Councils.
The company demonstrates strong performance through tangible results. Specific positive outcomes for clients include the following:
- Precision Body Shop & Detail used Mitchell International’s solutions to increase its efficiency, shorten cycle times, and improve productivity by 25%
- Watsonville Auto Body used Mitchell International’s solutions to reduce its labor force while still repairing the same number of vehicles, resulting in the saving of 160 hours per month
- Fix Auto used Mitchell International’s solutions to eliminate almost 90% of its paperwork, enabling it to consolidate its operations into a single centralized platform
- A North American insurer used Mitchell International’s solutions to ensure the correct parts were used in each estimate, resulting in a 22% reduction in gross estimate dollars
The company has established a strong brand due to its success. It bills itself as the leading provider of property & casualty claims technology solutions in North America, with the broadest range of solutions. Each year it processes more than 50 million transactions and its technology team completes over 100 integrations with client systems.
It serves over 300 claims payers and over 30,000 repair centers, with clients including Enterprise, EMC Insurance Companies, and American Insurance Company. Its customers include most of the top 25 insurance payers. Lastly, it has over 2,000 employees operating out of offices in the Americas, Europe, and Asia.
Mitchell International’s main channel is its direct sales team. The company promotes its offerings through its website, social media pages, seminars, workshops, forums, trade shows, and conferences.
Mitchell International’s customer relationship is primarily of a self-service, automated nature. Customers utilize its products while having limited interaction with employees. The company’s website features a “Media Center” with useful resources such as white papers, case studies, webinars, and videos. The site also features a “Thought leadership” section that includes industry trend reports and expert blogs.
Despite this orientation, there is a personal assistance component. The company provides customer service through phone/e-mail/online support, remote support, and field services. It also provides training on the use of its software through a program called MitchellU. Mitchell International also has a co-creation component in that it works closely with clients to discover new innovations.
Mitchell International’s business model entails designing and developing its products for customers.
Mitchell International’s key partnerships are with the technology firms it works with to provide infrastructure for its software products and solutions. These partners include Oracle, Microsoft, Tableau, and Red Hat.
It also maintains strategic partnerships with various insurance, technology, and auto companies and organizations such as Procura, Harley-Davidson, Tractable, and Guidewire.
Mitchell International’s main resources are its human resources, who include the technology employees that design and develop its software, the sales employees that promote it, and the customer service personnel that provide support.
It maintains important physical resources in the form of data centers it operates in the United States, Canada, and Europe.
Mitchell International has a cost-driven structure, aiming to minimize expenses through significant automation. Its biggest cost driver is likely sales/marketing, a fixed cost.
Other major drivers are in the areas of customer support/operations and administration, both fixed costs.
Mitchell International has one revenue stream: revenues it generates from the sale of its software products to customers.
info: Alex is a graduate of The University of Chicago. He previously served as Chief Financial Officer of Mitchell International and as Chief Financial Officer and VP of Finance and Administration of an enterprise software company that is now part of The SAS Institute.
info: Erez earned a B.Sc. in Computer Science at the Technion Institute of Technology) and an MBA at Northwestern University. He previously served as SVP of Technology at Mitchell and as VP of Product Management and Marketing of Mobilitec Inc.
info: Elias earned a Bachelor’s degree in Economics and an MBA in Finance at the University of Rochester. He previously served as an executive consultant at CarProof and as Chief Financial & Operating Officer of North America at Solera Holdings.
info: Stephanie earned an undergraduate degree in Zoology at Miami University and a JD degree at The Ohio State University College of Law. He previously served as Vice President and Associate General Counsel for CareFusion Corporation.
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