Snapsheet and CrashBay announced a partnership aimed at integrating claims processing and repair management, offering insurers a more efficient way to coordinate repairs. The collaboration connects Snapsheet’s cloud-based claims management platform with CrashBay’s repair marketplace, allowing insurers to streamline the process from claim initiation to repair completion. The integration provides real-time access to repair facility […]
CCC Intelligent Solutions Delivers Strong Q4 and Full Year 2024 Financial Results
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) reported total revenue of $246.5 million for the fourth quarter, an 8% increase from $228.6 million for the fourth quarter of 2023. Adjusted earnings before interest, taxes and depreciation (EBITDA) for the fourth quarter was $106.3 million, exceeding the guidance range, with an adjusted EBITDA margin of 43%. […]
Independent Glass Association Calls on Insurers to Authorize OEM Glass for Recalibration
Open letter raises safety and cost concerns with aftermarket windshields. The Independent Glass Association (IGA) has issued an open letter to insurance companies, signed by IGA Executive Director Gary Hart, urging them to authorize original equipment manufacturer (OEM) glass for vehicle recalibration, citing safety, performance, and cost implications. The letter, dated February 21, argues that […]
Lou Berman Named Vice President Sales & Operations at ProColor Collision U.S.
Collision repair services franchise ProColor Collision has selected Lou Berman as its new Vice President of Sales & Operations. Reporting to Scott Bridges, senior vice president, Fix Network USA, ProColor Collision, Berman leads the ProColor Collision Operations teams, which focus on Sales and Shop Operations. Berman brings over 20 years of experience in the collision […]
New Coalition Forms to Advocate for Vehicle Data Rights
A new organization called the American Vehicle Owners Alliance (AVOA) launched February 25 with the stated goal of ensuring vehicle owners have access and control over data generated by their vehicles. The coalition includes eight founding members: the American Car Rental Association (ACRA), the National Consumers League, the National Association of Fleet Administrators (NAFA), Enterprise […]
Tim Welsh Named President at CCC
Industry veteran brings experience in digital transformation, insurance and financial services. CCC Intelligent Solutions Inc. (NASDAQ: CCCS) has appointed Tim Welsh as President, expanding its executive leadership team. Welsh will oversee market-facing functions, bringing experience from leadership roles at U.S. Bank and McKinsey & Company. Welsh most recently served as Vice Chair of Consumer and […]
Scott Gerling Promoted to Chief Development Officer at Classic Collision
Classic Collision announced the promotion of Scott Gerling to Chief Development Officer. Since joining the company in 2019 as Executive Vice President of Mergers and Acquisitions, Scott has been a driving force behind Classic Collision’s growth, helping expand its footprint from 26 regional locations to over 300 nationwide. Gerling’s strategic vision, leadership, and expertise in […]
Brian Driehorst Named CEO of Plasnomic to Lead Global Collision Repair Industry Plastic Repair Standards Initiative
Plasnomic has named Brian Driehorst as CEO, tasking him with leading the organization’s efforts to establish global standards for plastic repair in the collision repair industry. Driehorst brings experience in collision repair, supply chain management, and auto insurance claims. He will oversee Plasnomic’s mission to develop certification programs and compliance frameworks aimed at standardizing plastic […]
Rotunda Capital Partners Acquires AirPro Diagnostics
Rotunda Capital Partners announced it has acquired AirPro Diagnostics, the provider of remote and on-site Advanced Driver Assistance System (ADAS) diagnostics, scanning, programming and calibration solutions for the automotive, glass and collision repair industries. The partnership, formed in collaboration with existing management, will accelerate AirPro’s growth trajectory and broaden its reach to meet the market’s […]
Driven Brands Reports 2024 Revenue of $2.3 Billion
Announces CEO transition and car wash business sale. Driven Brands Holdings Inc. (NASDAQ: DRVN), the parent of CARSTAR and MAACO, announced its fourth quarter and full-year 2024 financial results on February 25, while also revealing plans for a CEO transition and the sale of its U.S. car wash business. For 2024, Driven Brands delivered revenue […]
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