CCC Intelligent Solutions Inc. (NASDAQ: CCCS) announced today that it has joined the AI Governance Alliance (AIGA), a global multi-stakeholder initiative led by the World Economic Forum (WEF). The AIGA brings together more than 600 members from 500 organizations — uniting leaders from industry, academia, government and civil society to promote the responsible development and […]
CCC Reports Revenue of $251.6 Million in First Quarter
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) today reported total revenue was $251.6 million for the first quarter ended March 31, an increase of 11% from $227.2 million for the first quarter of 2024. “CCC delivered strong first quarter results, highlighted by 11% year-over-year revenue growth and adjusted EBITDA margin of 39% – both above […]
Caliber Collision Renews Technology Partnership with CCC
Caliber Collision, the largest auto collision repair provider in the U.S., has extended its relationship with CCC Intelligent Solutions Inc. The renewed agreement includes Caliber’s continued use of CCC ONE solutions, with new additions of CCC Diagnostics Workflow and CCC Build Sheets across its repair facilities. “At Caliber Collision, we are committed to delivering the […]
U.S. Vehicle Fleet Transformation Impacts Auto Claims and Collision Repair Industries
CCC Crash Course Report examines how the increasing age of vehicles and vehicle complexity are driving higher collision repair costs and total loss trends. CCC Intelligent Solutions (NASDAQ: CCCS) today released its latest Crash Course report that highlights changes in the U.S. vehicle landscape and their effects on auto claims and collision repair. The Crash […]
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%. […]
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 […]
CCC Repair Workflow Now Integrates with Tekion DMS Platform
Integration enables dealer-owned collision repair centers to seamlessly manage repairs. CCC Intelligent Solutions Inc. (NASDAQ:CCCS) announced today the integration of its CCC Repair Workflow shop management solution with Tekion’s dealer management system (DMS), which is part of their Automotive Retail Cloud (ARC) platform. This integration connects two critical systems for dealer and repair center operations, […]
CCC Receives CIECA’s Electronic Commerce Company of the Year Award
CCC Intelligent Solutions Inc. announces 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. “CCC […]
CCC Completes Acquisition of EvolutionIQ
CCC Intelligent Solutions Inc. announced today that it has completed the previously announced acquisition of EvolutionIQ, Inc. the platform for AI-powered guidance for disability and injury claims management. “We are excited to officially welcome the EvolutionIQ team to the CCC family,” said Githesh Ramamurthy, chairman and chief executive officer of CCC. “The acquisition expands CCC’s […]
Interview: Maryling Yu, CCC Intelligent Solutions
Yu provides an in-depth look into the CCC Moments of Truth study on the key drivers of customer satisfaction. In October, CCC Intelligent Solutions (NASDAQ:CCCS) released findings from its Moments of Truth study identifying the key drivers of customer satisfaction and retention in the auto claims and collision repair process. The study identified the critical […]
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