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Articles from CCC Intelligent Solutions Inc.

CCC Intelligent Solutions Announces Date of Fourth Quarter 2024 Earnings Call
CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQCCCS), a leading cloud platform powering the P&C insurance economy, announced today it will release its financial results for the quarter and full fiscal year 2024, ended December 31, 2024, after the U.S. financial markets close on Tuesday, February 25, 2025.
By CCC Intelligent Solutions Inc. · Via Business Wire · February 4, 2025
CCC® Repair Workflow Integrates with Tekion's Cloud-Native Platform
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform provider powering the P&C insurance economy, announces today the integration of its industry-leading CCC® Repair Workflow shop management solution with Tekion’s dealer management system (DMS), which is part of their Automotive Retail Cloud (ARC) platform, the first cloud-native platform serving the entire automotive retail ecosystem. This integration connects two critical systems for dealer and repair center operations, streamlining repair management and creating visibility from the inception of the repair to billing.
By CCC Intelligent Solutions Inc. · Via Business Wire · February 4, 2025
CCC Intelligent Solutions Receives CIECA’s Electronic Commerce Company of the Year Award
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today that it has been recognized as the Electronic Commerce Company of the Year by the Collision Industry Electronic Commerce Association (CIECA). This award highlights CCC’s leadership in promoting the adoption of CIECA data standards and its role in advancing the secure exchange of information across the collision repair ecosystem.
By CCC Intelligent Solutions Inc. · Via Business Wire · January 8, 2025
CCC Intelligent Solutions Completes Acquisition of EvolutionIQ
CCC Intelligent Solutions Inc. (“CCC”), a leading cloud platform provider powering the P&C insurance economy and a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQCCCS) (“CCCS”), announced today that it has completed the previously announced acquisition of EvolutionIQ, Inc. (“EvolutionIQ”), the leading platform for AI-powered guidance for disability and injury claims management.
By CCC Intelligent Solutions Inc. · Via Business Wire · January 6, 2025
CCC Intelligent Solutions Announces the Acquisition of EvolutionIQ, the Leading AI Guidance Platform for Disability and Injury Claims Management
CCC Intelligent Solutions Inc. (“CCC”), a leading cloud platform provider powering the P&C insurance economy and a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQCCCS) (“CCCS”), announced today that it has signed a definitive agreement to acquire EvolutionIQ, Inc. (“EvolutionIQ”), the leading platform for AI-powered guidance for disability and injury claims management. The acquisition expands CCC’s market reach into strategic adjacencies and strengthens its industry leading AI-powered SaaS platform through the addition of transformative AI capabilities that will work to revolutionize how insurance claims are resolved.
By CCC Intelligent Solutions Inc. · Via Business Wire · December 20, 2024
CCC Board Approves New $300 Million Share Repurchase Authorization
CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQCCCS), a leading cloud platform provider for the P&C insurance economy, today announced that its board of directors has approved a new share repurchase authorization to repurchase up to $300 million of the Company's outstanding common stock.
By CCC Intelligent Solutions Inc. · Via Business Wire · December 20, 2024
CCC Announces Appointment of New Board Member
CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQCCCS), a leading cloud platform provider powering the P&C insurance economy, is pleased to announce the appointment of Neil de Crescenzo to its Board of Directors. Mr. de Crescenzo brings decades of expertise in the healthcare and technology sectors and proven success in deploying technology at scale across industries. His addition strengthens CCC’s commitment to bolstering its market position and driving long-term value for all stakeholders.
By CCC Intelligent Solutions Inc. · Via Business Wire · November 6, 2024
CCC Intelligent Solutions Selected for PropertyCasualty360’s 2024 Insurance Luminaries Recognition
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today that it has been named to PropertyCasualty360’s Insurance Luminaries Class of 2024 in the category of Technology Innovation. This recognition highlights the CCC Intelligent Experience (IX) Cloud™ platform, which delivers real-time insights and AI-powered automation to enable faster, more informed business decisions across the ecosystem of providers that come together to bring drivers back to pre-accident condition. The Insurance Luminaries program spotlights top professionals, teams, organizations, programs, practices and products that strive to modernize and humanize the P&C insurance business.
By CCC Intelligent Solutions Inc. · Via Business Wire · October 29, 2024
CCC Intelligent Solutions Holdings Inc. Announces Third Quarter 2024 Financial Results
CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQCCCS), a leading cloud platform provider for the P&C insurance economy, today announced its financial results for the three months ended September 30, 2024.
By CCC Intelligent Solutions Inc. · Via Business Wire · October 28, 2024
CCC Intelligent Solutions Study Identifies Key Drivers of Customer Satisfaction and Retention in the Auto Claims and Repair Process
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, today released the findings from its Moments of Truth study identifying the key drivers of customer satisfaction and retention in the auto claims and repair process. The study defines “moments of truth" as critical points in the customer journey that have a significant impact on satisfaction and loyalty. The study reveals that consumer satisfaction with insurers and repairers in a claims experience is closely linked, and that their collaboration plays a pivotal role in each other's satisfaction scores. The findings also indicate that satisfaction with the claims process may not impact insurer loyalty.
By CCC Intelligent Solutions Inc. · Via Business Wire · October 8, 2024
CCC Intelligent Solutions Announces Date of Third Quarter 2024 Earnings Call
CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQCCCS), a leading cloud platform powering the P&C insurance economy, announced today it will release its financial results for the third quarter of 2024, ended September 30, 2024, after the U.S. financial markets close on Monday, October 28, 2024.
By CCC Intelligent Solutions Inc. · Via Business Wire · October 7, 2024
CCC Crash Course Report Explores Critical Trends That Will Shape the Auto Claims and Collision Repair Industry in 2025
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, today published its Crash Course Q3 2024 Report, identifying the key trends that will shape the auto claims and collision repair industry in 2025. The report examines pressing challenges such as the impact of inflation and labor shortages, the growing impact of electric vehicles (EVs) and rising repair costs, while also offering insights to help insurers and repairers successfully navigate the complexities of the year ahead.
By CCC Intelligent Solutions Inc. · Via Business Wire · October 3, 2024
CCC Launches CCC® Payroll to Streamline Payroll Management for Collision Repair Shops
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today the launch of CCC® Payroll, a new solution designed to streamline payroll management for collision repair shops. Integrated into the CCC ONE® platform, CCC Payroll enables shops to track production and labor, and streamline payroll within a single system, simplifying the payroll process from start to finish and giving employees greater visibility into how their pay is calculated. The payroll services will be managed by Check, the leading payroll platform that pioneered the ability for companies to differentiate and open up new revenue streams by embedding payroll into their platforms.
By CCC Intelligent Solutions Inc. · Via Business Wire · September 4, 2024
CCC Intelligent Solutions Inc. to Present at Upcoming Investor Conferences
CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQCCCS), a leading cloud platform powering the P&C insurance economy, today announced that management will present at the following investor conferences:
By CCC Intelligent Solutions Inc. · Via Business Wire · August 28, 2024
CCC Names Justin McWhirter as Chief Information Officer
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today the appointment of Justin McWhirter as chief information officer (CIO) following the retirement of CIO Bill Rocholl, who held the position since 2013. McWhirter will oversee the company’s IT operations, enhancing the day-to-day operations of existing applications, while also accelerating the pace of innovation and driving AI initiatives for CCC and its customers.
By CCC Intelligent Solutions Inc. · Via Business Wire · August 7, 2024
CCC Intelligent Solutions Named Winner of 2024 AI Breakthrough Award
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today that it has been recognized with a 2024 AI Breakthrough Award for “Best Overall Computer Vision Solution.” In its seventh year, the annual awards program conducted by Tech Breakthrough recognizes the world’s most innovative companies, technologies and products in the AI industry today.
By CCC Intelligent Solutions Inc. · Via Business Wire · August 1, 2024
CCC Intelligent Solutions Holdings Inc. Announces Second Quarter 2024 Financial Results
CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQCCCS), a leading cloud platform for the P&C insurance economy, today announced its financial results for the three months ended June 30, 2024.
CCC Launches CCC® Intelligent Reinspection to Help Auto Insurers Review Repair Estimates Faster, Expediting Repairer Workflows and Claims Resolutions
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today the launch of CCC® Intelligent Reinspection, a new solution designed to help auto insurers streamline the review of incoming repair facility estimates, expediting repairer workflows and claims resolutions. Leveraging advanced AI technology, CCC Intelligent Reinspection identifies areas for review, and provides reason codes based on insurer rules, helping reinspectors review increasingly complex estimates quickly, reducing repair and claim cycle times so drivers can get back on the road sooner following a car accident.
CCC Introduces CCC® Build Sheets with Detailed Vehicle Specifications to Streamline Repair Process
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today the launch of CCC® Build Sheets, a new solution designed to streamline the repair process. Integrated directly into CCC ONE®, CCC® Build Sheets provides collision repairers with detailed vehicle specifications based on the Vehicle Identification Number (VIN), helping them write more complete estimates the first time and better understand the parts needed for the repair.
CCC Intelligent Solutions Announces Date of Second Quarter 2024 Earnings Call
CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQCCCS), a leading cloud platform powering the P&C insurance economy, announced today it will release its financial results for the second quarter of 2024, ended June 30, 2024, after the U.S. financial markets close on Tuesday, July 30, 2024.
CCC Intelligent Solutions Announces Pricing of Secondary Offering of 30 Million Shares of Common Stock
CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQCCCS) today announced the pricing of the previously announced secondary offering of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”). The Offering consists of 30 million shares of the Company’s common stock. The shares will be offered from time to time for sale through negotiated transactions or otherwise at market prices prevailing at the time of sale. The Offering is expected to close on or about July 1, 2024, subject to the satisfaction of customary closing conditions. The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.
CCC Intelligent Solutions Announces Proposed Secondary Offering of 30 Million Shares of Common Stock
CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQCCCS) today announced the proposed secondary offering of 30 million shares of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”). The shares will be offered from time to time for sale through negotiated transactions or otherwise at market prices prevailing at the time of sale. The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.
CCC Crash Course Report Highlights the Growing Impact of Severe Weather Events on Auto Insurance and Collision Repair Industries
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, today published its Crash Course Q2 2024 Report. This edition focuses on how severe weather events, particularly hurricanes and convective storms, are impacting the auto insurance and collision repair industries, and provides updates on data, insights, and trends impacting auto claims and repairs.
CCC Intelligent Solutions Announces Pricing of Secondary Offering of 50 Million Shares of Common Stock
CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQCCCS) today announced the pricing of the previously announced secondary offering of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”) at a price to the public of $11.50 per share. The Offering consists of 50 million shares of the Company’s common stock. The Offering is expected to close on or about May 30, 2024, subject to the satisfaction of customary closing conditions. The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.
CCC Intelligent Solutions Announces Proposed Secondary Offering of 50 Million Shares of Common Stock
CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQCCCS) today announced the proposed secondary offering of 50 million shares of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”). The shares will be offered from time to time for sale through negotiated transactions or otherwise at market prices prevailing at the time of sale. The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.
CCC Intelligent Solutions Inc. to Present at Upcoming Investor Conferences
CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQCCCS), a leading cloud platform powering the P&C insurance economy, today announced that management will present at the following investor conferences:
CCC Intelligent Solutions Named Winner of 2024 Artificial Intelligence Excellence Award
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today that it has been recognized by Business Intelligence with a 2024 Artificial Intelligence Award for its innovative use of computer vision. The business awards program sets out to recognize those organizations, products and people who bring artificial intelligence (AI) to life and apply it to solve real problems.
CCC Intelligent Solutions Holdings Inc. Announces First Quarter 2024 Financial Results
CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQCCCS), a leading cloud platform for the P&C insurance economy, today announced its financial results for the three months ended March 31, 2024.
By CCC Intelligent Solutions Inc. · Via Business Wire · April 30, 2024
CCC Intelligent Solutions Announces Date of First Quarter 2024 Earnings Call
CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQCCCS), a leading cloud platform powering the P&C insurance economy, announced today it will release its financial results for the first quarter of 2024, ended March 31, 2024, after the U.S. financial markets close on Tuesday, April 30, 2024.
CCC Sets Bold Vision to Make Life Just Work for Customers and the Millions of Consumers Involved in Auto Claims, Repairs Each Year
Irreversible shifts in the P&C insurance economy, marked by increasing vehicle complexity and labor shortages, require bold thinking and the use of modern, flexible technology. CCC Intelligent Solutions (CCC) stands ready, announcing its technology-backed vision to power the next evolution of the industry, shaping a world where Life Just Works for customers and the millions of their consumers involved in auto claims and repairs each year. CCC is an industry and technology leader with an unmatched history of innovating with and for its more than 35,000 customers and partners.
CCC Intelligent Solutions Announces Proposed Secondary Offering of 20 Million Shares of Common Stock
CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQCCCS) today announced the proposed secondary offering of 20 million shares of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”). The shares will be offered from time to time for sale through negotiated transactions or otherwise at market prices prevailing at the time of sale. The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.
CCC Crash Course Report Reveals How Labor Pressures and Increasing Vehicle Complexity Are Reshaping Auto Insurance and Collision Repair Industries
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, today published its 2024 Crash Course Report highlighting the latest data, insights, and trends impacting the auto claims and collision repair industries.
By CCC Intelligent Solutions Inc. · Via Business Wire · March 26, 2024
CCC® Inbound Subrogation Streamlines Claims Resolutions
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces the official launch of CCC® Inbound Subrogation, a solution designed to help carriers assess inbound demands in minutes and determine what they owe. Inbound subrogation, the process of evaluating and resolving claims demands initiated by third parties, is a crucial aspect of insurance operations. CCC Inbound Subrogation leverages AI and advanced technology to streamline the claims review process, improving cycle time and reducing manual intervention.
By CCC Intelligent Solutions Inc. · Via Business Wire · March 20, 2024
CCC Intelligent Solutions Announces Pricing of Upsized Secondary Offering of 43 Million Shares of Common Stock
CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQCCCS) today announced the pricing of the previously announced secondary offering of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”) at a price to the public of $11.42 per share. The Offering consists of 43 million shares of the Company’s common stock, upsized from the previously announced size of 40 million shares. The Selling Stockholders granted the underwriters a 30-day option to purchase up to an additional 6.45 million shares of the Company’s common stock. The Offering is expected to close on or about March 4, 2024, subject to the satisfaction of customary closing conditions. The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.
By CCC Intelligent Solutions Inc. · Via Business Wire · February 29, 2024
CCC Intelligent Solutions Announces Proposed Secondary Offering of 40 Million Shares of Common Stock
CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQCCCS) today announced the proposed secondary offering of 40 million shares of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”). The Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 6 million shares of the Company’s common stock. The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.
By CCC Intelligent Solutions Inc. · Via Business Wire · February 29, 2024
CCC Intelligent Solutions Holdings Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results
CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQCCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months and year ended December 31, 2023.
By CCC Intelligent Solutions Inc. · Via Business Wire · February 28, 2024
CCC Intelligent Solutions Announces Date of Fourth Quarter and Fiscal Year 2023 Earnings Call
CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQCCCS), a leading cloud platform powering the P&C insurance economy, announced today it will release its financial results for the fourth quarter and fiscal year 2023, ended December 31, 2023, after the U.S. financial markets close on Wednesday, February 28, 2024.
By CCC Intelligent Solutions Inc. · Via Business Wire · February 7, 2024
CCC ONE® Includes Advanced Data Privacy Feature for Repairers
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance and collision repair economy, announced today the availability of an enhanced data security feature for collision repairers writing estimates on cccone.com. The new feature provides repairers with the ability to redact the last six digits of a Vehicle Identification Number (VIN) and Personally Identifiable Information (PII), including first and last name, address, city, state, zip, phone and email, prior to sharing estimate information via EMS export.
By CCC Intelligent Solutions Inc. · Via Business Wire · January 16, 2024
CCC Intelligent Solutions Announces Pricing of Upsized Secondary Offering of 22 Million Shares of Common Stock
CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQCCCS) today announced the pricing of the previously announced secondary offering of shares of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. (the “Selling Stockholders”). The Offering consists of 22 million shares of the Company’s common stock, upsized from the previously announced 20 million shares. The shares will be offered from time to time for sale through negotiated transactions or otherwise at market prices prevailing at the time of sale. The Offering is expected to close on or about January 8, 2024, subject to the satisfaction of customary closing conditions. The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.
By CCC Intelligent Solutions Inc. · Via Business Wire · January 4, 2024
CCC Intelligent Solutions Announces Proposed Secondary Offering of 20 Million Shares of Common Stock
CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQCCCS) today announced the proposed secondary offering of 20 million shares of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. (the “Selling Stockholders”). The shares will be offered from time to time for sale through negotiated transactions or otherwise at market prices prevailing at the time of sale. The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.
By CCC Intelligent Solutions Inc. · Via Business Wire · January 3, 2024
CCC Intelligent Solutions Announces Pricing of Secondary Offering of 65 Million Shares of Common Stock, Including Concurrent Common Stock Repurchase
CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQCCCS) today announced the pricing of the previously announced secondary offering of 65 million shares of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. (the “Selling Stockholders”) at a price to the public of $10.50 per share, which represents an increase of 15 million shares from the previously announced size of the Offering. The Selling Stockholders granted the underwriters a 30-day option to purchase up to an additional 4,875,000 shares of the Company’s common stock. The Offering is expected to close on or about November 13, 2023, subject to the satisfaction of customary closing conditions. The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.
By CCC Intelligent Solutions Inc. · Via Business Wire · November 9, 2023
CCC Intelligent Solutions Announces Proposed Secondary Offering of 50 Million Shares of Common Stock, including Concurrent Common Stock Repurchase
CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQCCCS) today announced the proposed secondary offering of 50 million shares of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. (the “Selling Stockholders”). The Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 3,750,000 shares of the Company’s common stock. The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.
By CCC Intelligent Solutions Inc. · Via Business Wire · November 8, 2023
CCC Intelligent Solutions Holdings Inc. Announces Third Quarter 2023 Financial Results
CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQCCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months ended September 30, 2023.
By CCC Intelligent Solutions Inc. · Via Business Wire · November 6, 2023
CCC Introduces Integrated Website Builder for Collision Repairers
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance and collision repair economy, today announced the launch of CCC® Amplify, an easy-to-use digital solution that helps collision repairers build and launch customized websites in minutes. Available through the CCC ONE® platform, CCC Amplify simplifies the process of creating and maintaining a website by integrating CCC ONE shop information. The solution is designed to strengthen the online presence and lead generation efforts of repairers, whether they are creating a website for the first time or are looking to replace an existing one.
By CCC Intelligent Solutions Inc. · Via Business Wire · October 30, 2023
CCC Introduces Next Generation AI-Based Photo Analysis Capabilities
CCC Intelligent Solutions (CCC), a leading cloud platform for the P&C insurance economy, today announced the next generation of its AI-based photo analysis capabilities, including its first solution that extends into claims handing and ahead of the appraisal process to help users identify potential indemnity amounts earlier. The offerings deliver actionable intelligence following FNOL, enabling insurers to pull forward key decisions that work to optimize and accelerate downstream processing across APD and casualty claims.
By CCC Intelligent Solutions Inc. · Via Business Wire · October 23, 2023
CCC Intelligent Solutions Announces Date of Third Quarter Fiscal Year 2023 Earnings Call
CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQCCCS), a leading cloud platform powering the P&C insurance economy, announced today it will release its financial results for the third quarter fiscal year 2023, ended September 30, 2023, after the U.S. financial markets close on Monday, November 6, 2023.
By CCC Intelligent Solutions Inc. · Via Business Wire · October 16, 2023
CCC Brings AI to Collision Repairers Offering Relief to Shop Labor Shortages
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance and collision repair economy, today announced the introduction of its applied AI to collision repairers, offering relief to a community hit particularly hard by national labor shortages. The new AI-powered solutions integrate into the repair process of CCC ONE® users, automating initial damage assessments and jumpstarting the estimating process. This helps experienced estimators – a shop’s valuable, yet scarce resource – remain focused on the most important tasks.
By CCC Intelligent Solutions Inc. · Via Business Wire · October 11, 2023
CCC and Google Collaborate to Make It Easier for Consumers to Schedule Online Appointments with Collision Repairers
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today that it has teamed up with Google to streamline the online appointment booking process for repair shops that use CCC® Engage. The collaboration introduces a user-friendly “Book Online” button added to Google Business Profiles, Search and Maps, helping participating repair shops stand out in search results and making it easier for consumers to schedule repair appointments.
By CCC Intelligent Solutions Inc. · Via Business Wire · September 28, 2023
CCC Intelligent Solutions Inc. to Present at Upcoming Investor Conferences
CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQCCCS), a leading SaaS platform for the P&C insurance economy, today announced that management will present at the following investor conferences:
By CCC Intelligent Solutions Inc. · Via Business Wire · August 30, 2023
CCC Intelligent Solutions Holdings Inc. Announces Second Quarter 2023 Financial Results
CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQCCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months ended June 30, 2023.
By CCC Intelligent Solutions Inc. · Via Business Wire · August 1, 2023
Toyota Motor North America Selects CCC® Parts Technology
CCC Intelligent Solutions (CCC) announces today that Toyota Motor North America (Toyota) will use CCC® Promote to support Toyota and Lexus dealers across the United States in their parts marketing efforts. CCC Promote enables parts suppliers to offer promotional pricing on parts to collision repairers as estimates are being written within the CCC ONE® platform. CCC estimating software is in use by more than 28,500 repairers and processes more than 26 million repair estimates annually.
CCC Intelligent Solutions Announces Date of Second Quarter Fiscal Year 2023 Earnings Call
CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQCCCS), a leading cloud platform powering the P&C insurance economy, announced today it will release its financial results for the second quarter fiscal year 2023, ended June 30, 2023, after the U.S. financial markets close on Tuesday, August 1, 2023.
CCC Intelligent Solutions Inc. to Present at William Blair Growth Stock Conference
CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQCCCS), a leading cloud platform powering the P&C insurance economy, today announced that Chairman and Chief Executive Officer, Githesh Ramamurthy, and Chief Financial Officer, Brian Herb, will present at the upcoming William Blair Growth Conference in Chicago, IL.
CCC Intelligent Solutions Inc. to Present at J.P. Morgan Global Technology, Media and Communications Conference
CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQCCCS), a leading cloud platform powering the P&C insurance economy, today announced that Chairman and Chief Executive Officer, Githesh Ramamurthy, and Chief Financial Officer, Brian Herb, will present at the upcoming J.P. Morgan Global Technology, Media and Communications Conference in Boston, M.A.
CCC and Verisk Form Strategic Partnership to Bring Innovations to P&C Insurance Claims
CCC Intelligent Solutions Inc. (CCC) and Verisk Analytics, Inc. (Verisk) announced today a strategic partnership to leverage the two providers’ market-leading technologies to bring new innovations to P&C insurance claims. CCC is a leading cloud platform for the P&C insurance economy and Verisk is a leading global data analytics and technology provider.
TempusDirect Joins the CCC Network to Deliver Third-Party Casualty Solutions
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today that TempusDirect (Tempus), an innovation leader in repricing services for third-party medical billing, is the newest company to integrate into the CCC Network. CCC Casualty customers will be able to perform medical bill review in CCC’s Injury Evaluation Solutions (IES) offering and seamlessly refer medical bills to Tempus for a variety of services. Referral results will be returned to CCC's IES where the adjuster can easily apply adjustments and finalize an evaluation with the click of a button.
CCC Intelligent Solutions Holdings Inc. Announces First Quarter 2023 Financial Results
CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQCCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months ended March 31, 2023.
CCC Intelligent Solutions Announces Date of First Quarter Fiscal Year 2023 Earnings Call
CCC Intelligent Solutions Holdings Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announced today it will release its financial results for the first quarter fiscal year 2023, ended March 31, 2023, after the U.S. financial markets close on Tuesday, May 2, 2023.
By CCC Intelligent Solutions Inc. · Via Business Wire · April 11, 2023
CCC Intelligent Solutions Named Winner in 2023 Artificial Intelligence Excellence Awards
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform for the P&C insurance economy, announces today it has been recognized by Business Intelligence with two Artificial Intelligence (AI) Excellence Awards. The 2023 AI Excellence Awards recognize organizations, products, and people applying AI to solve real business challenges.
By CCC Intelligent Solutions Inc. · Via Business Wire · March 28, 2023
Indiana Farmers Insurance is the Latest Carrier to Leverage AI-Powered Estimating from CCC
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today Indiana Farmers Insurance is the latest auto insurer to leverage its industry-first AI-powered CCC® Estimate – STP solution. Estimate-STP uses advanced AI and insurer-driven rules to automatically initiate and populate detailed and actionable estimates in seconds. In market with 15 insurers, including 7 of the top 10 carriers based on direct written premium, representing 50% of U.S. auto claims volume, CCC Estimate – STP offers line level estimates from photos without the need for human intervention.
By CCC Intelligent Solutions Inc. · Via Business Wire · March 22, 2023
CCC Releases 2023 Crash Course Report, Providing Market Data and Insights on the Trends Impacting the P&C Insurance Economy
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today the availability of its annual Crash Course report, which identifies trends impacting the P&C insurance economy, a multifaceted industry advancing the future of personal mobility and safer roadways. The report delivers insights on the convergence of economic, social, and technological shifts that are reshaping driving behaviors, vehicle ownership, automotive insurance and claims handling, collision repair and more.
By CCC Intelligent Solutions Inc. · Via Business Wire · March 14, 2023
SWBC Leverages CCC Intelligent Solutions’ Technology to Help Credit Unions Resolve Total Loss Auto Claims
CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform for the P&C insurance economy, announced today that SWBC, a diversified financial services company, will leverage its CCC® Total Loss Care solution to streamline the total loss management and settlement process for its credit union clients and their members. CCC Total Loss Care is a comprehensive digital solution that simplifies the total loss resolution process, creating efficiencies and improving customer experiences. SWBC provides auto and mortgage solutions to 1,400+ financial institutions.
CCC Intelligent Solutions Holdings Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results
CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQCCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months and year ended December 31, 2022.
Auto Insurers Taking AI Broader, Deeper Across Claims in 2022
CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform powering the P&C insurance economy, today announces an update to its insurer AI adoption report, which for the third straight year shows significant growth in the adoption of AI in auto claims. The company reports the application of advanced computer vision AI for claims processing increased 60 percent year-over-year. The company also reports that more than 14 million unique claims have now been processed using a CCC AI solution, growing 3X since before the pandemic in 2019. In addition to more claims using AI, the data show a deepening penetration of multiple different AI solutions being applied per claim. In fact, CCC reports the number of claims using four or more of its advanced AI applications also grew 2X year-over-year.
By CCC Intelligent Solutions Inc. · Via Business Wire · February 21, 2023
Root Insurance Extends Relationship with CCC to Digitize First-Party Casualty
CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform powering the P&C insurance economy, today announced Root Insurance will extend the use of CCC technology to include its first-party casualty solution. With the addition of CCC® First-Party Casualty, Root can now manage auto physical damage and first- and third-party casualty claims through a single digital workflow, powered by CCC.
By CCC Intelligent Solutions Inc. · Via Business Wire · February 16, 2023
CCC Intelligent Solutions Announces Date of Fourth Quarter and Fiscal Year 2022 Earnings Call
CCC Intelligent Solutions Holdings Inc. (CCC), a leading SaaS platform for the P&C insurance and repair industries, announced today it will release its financial results for the fourth quarter and fiscal year 2022, ended December 31, 2022, after the U.S. financial markets close on Wednesday, March 1, 2023.
By CCC Intelligent Solutions Inc. · Via Business Wire · February 8, 2023
CCC® ONE Repair Workflow to Integrate With CDK’s Dealer Management System
CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform for the P&C insurance and repair industries, announces today its industry leading CCC® ONE Repair Workflow shop management solution is now available to dealer-owned collision repairers via an integration with CDK Global’s dealer management system (DMS). The integration will connect two systems mission-critical to dealer and repair center operations, streamlining repair management and creating visibility from the inception of the repair to billing. CDK Global is a leading automotive retail software provider.
By CCC Intelligent Solutions Inc. · Via Business Wire · January 31, 2023
Susanna Gotsch, Industry Analyst for CCC Intelligent Solutions, to Retire
CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform for the P&C insurance economy, announces today Susanna Gotsch, Sr. Director Industry Analytics, will retire at the end of the year after 30 years with the company.
By CCC Intelligent Solutions Inc. · Via Business Wire · December 19, 2022
CCC Scales Effort to Help Connect Crash Data to Claims
CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform powering the P&C insurance economy, announces today that Zendrive, a mission-driven company making roads safer with data and analytics, is the newest mobility risk intelligence provider to join the CCC network. Insurance customers of the two companies will be able to seamlessly connect smartphone-centric crash detection data with CCC's claims management solutions, helping to improve and speed claims outcomes. CCC works with more than 300 U.S. auto insurers, including 18 of the top 20 carriers, powering better claims experiences for millions of drivers annually.
By CCC Intelligent Solutions Inc. · Via Business Wire · December 13, 2022
CCC Intelligent Solutions Inc. to Participate in Virtual Fireside Chat Hosted by Bank of America Securities
CCC Intelligent Solutions Holdings Inc. (CCC) (NYSECCCS), a leading SaaS platform for the P&C insurance economy, today announced that management will participate in a virtual fireside chat hosted by Bank of America Securities.
By CCC Intelligent Solutions Inc. · Via Business Wire · December 9, 2022
CCC Intelligent Solutions Holding Inc. Announces Transfer to NASDAQ
CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NYSECCCS) today announced that it will voluntarily transfer its common stock exchange listing from the New York Stock Exchange to the Nasdaq Global Select Market (“NASDAQ”). CCC expects its common stock to commence trading as a NASDAQ-listed security upon market open on December 19, 2022. CCC’s common stock will continue to trade under the ticker symbol CCCS.
By CCC Intelligent Solutions Inc. · Via Business Wire · December 6, 2022
Carwise.com Adds Shop Certification Filters
CCC Intelligent Solutions (CCC), a leading SaaS platform powering the P&C insurance economy, today announces an enhancement to its Carwise.com collision repair services website to make search results more relevant for site visitors. Users can now view repair facilities with industry or OEM certification credentials, making it easy for consumers to identify repair facilities with specialized experience. Carwise.com features more than 23,000 repair facilities and hosts more than five million unique visitors annually.
By CCC Intelligent Solutions Inc. · Via Business Wire · November 15, 2022
USAA to Leverage New Digital Capability From CCC Intelligent Solutions to Streamline First Party Casualty Claims Experience for Policyholders
CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform for the P&C insurance economy, introduces the CCC® First Party Claim Portal, a new digital capability to streamline and improve the casualty claims process for insurance customers and their policyholders. The First Party Claim Portal enables injured parties to digitally interact with their insurer, exchange information pertaining to an auto-related injury claim and receive claim status in real-time. Financial services company USAA collaborated with CCC to bring this innovative capability to reality and advance its strategy to help support members across the claims experience through the use of digital technology. USAA is also the first auto insurer to leverage the CCC First Party Claim Portal.
By CCC Intelligent Solutions Inc. · Via Business Wire · December 6, 2022
CCC Intelligent Solutions Holdings Inc. Announces Third Quarter Fiscal Year 2022 Financial Results and Raises 2022 Guidance
CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NYSECCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months ended September 30, 2022, and raised revenue and adjusted EBITDA guidance for fiscal year 2022.
By CCC Intelligent Solutions Inc. · Via Business Wire · November 4, 2022
CCC Introduces CCC® Diagnostics Enhancements
CCC Intelligent Solutions (CCC), a leading SaaS platform powering the P&C insurance economy, today announces the introduction of enhancements to CCC® Diagnostics, a transformative product that meets the evolving needs of an increasingly complex collision repair industry. The new functionality will simplify the diagnostics process for repairs and drive consistency in the administration of diagnostics billing, including customizable diagnostic profiles and a dashboard to drive diagnostics workflow. These features are further enhanced through CCC Diagnostic’s existing integrations with leading diagnostic service providers.
By CCC Intelligent Solutions Inc. · Via Business Wire · October 25, 2022