Cox Automotive brand Kelley Blue Book is launching its valuation tools in Australia, giving insurers an accurate comparative price guide for vehicles, claims and financing options.

After almost 90 years in the US market, Kelley Blue Book is now locally introducing MarketLens™, which reveals used vehicle valuations, and Pricing Service™, which integrates Kelley Blue Book’s catalogue into the customers’ internal systems.

The products are receiving great interest from insurers wanting access to vehicle values that are consistent, reliable and predictive of current market conditions, head of sales at Kelley Blue Book Ilias Stavropoulos says.