Thank you.
ICBC has partnered with the B.C. government on the integrated municipal provincial auto crime team, or IMPACT, as Kelly was just mentioning. The mandate of this team is to fight auto crime. We've partnered to successfully target chronic auto theft offenders and organized auto crime groups since 2004, the inception of IMPACT. IMPACT heads the successful provincial bait car program, too, which also targets chronic auto crime offenders across the province. This year, 2024, marks the 20th anniversary of the creation of the integrated municipal provincial auto crime team, and ICBC has been a funding partner since the inception of IMPACT.
ICBC also has a dedicated special investigation unit, otherwise known as the SIU, and we have an officer from our unit attached to the IMPACT team. They act as a liaison with other law enforcement in B.C. as well as the other ICBC offices that are dedicated to the identification of cloned or “re-vinned” vehicles. Having these dedicated offices obviously helps us protect the integrity and minimize the risk of the vehicle registration process in B.C.
To further combat vehicle crimes, ICBC's SIU detection unit employs a dedicated team of specialists who leverage data and analytics to identify concerning theft claims, and ICBC has an internal fraud analytics model that uses data and natural language processing to identify concerning claims for review.
We partner with local police and stakeholders for auto crime prevention initiatives such as providing steering wheel locks and preventing catalytic converter thefts. ICBC also provides insurance incentives to encourage customers to use these passive electronic immobilizers to protect their vehicle.
With that, I would like to defer to the committee and answer any questions that you may have.
Thank you.