CCC Intelligent Solutions Inc. (NYSE: CCCS), announced total revenue was $166.8 million for the second quarter ended June 30, up from $150.7 million for the second quarter of 2020. Adjusted for the impact of the divestiture of a portion of its First Party Clinical Services casualty solution in December 2020, total revenue grew 16% in […]
Toyota Partners with CCC on Mobile Collision Assistance Service
Post-collision guidance feature helps Toyota and Lexus drivers file claim, find collision repair shop, through smartphone app. Toyota and Lexus drivers now have a new assistance service available to them in the moments following a collision. Collision Assistance, a just-in-time support service, is now available to drivers within the Toyota and Lexus mobile app. The […]
John Goodson Promoted to Chief Technology Officer at CCC
CCC Intelligent Solutions Inc. (NYSE:CCCS) announced it named John Goodson Senior Vice President and Chief Technology Officer. Goodson joined CCC in 2020 and succeeds Pete Morowski who is retiring after eight years with the company. As Chief Technology Officer, Goodson will lead research and development, product development, architecture, security, IT operations and infrastructure, business applications […]
CCC and Dragoneer Investment Group Close SPAC Merger
CCC Intelligent Solutions Inc. and Dragoneer Investment Group, LLC completed the previously announced business combination of CCC and Dragoneer Growth Opportunities Corp., a special purpose acquisition company (SPAC) formed by Dragoneer Investment Group on July 30. The Business Combination was approved by Dragoneer shareholders at a special meeting held July 29. Starting today, the common […]
CIECA August 19 Webinar Features CCC on AI and Network Connections Redefining Claims and Repair Experience
The Collision Industry Electronic Commerce Association (CIECA) announced that its next CIECAST webinar is scheduled for Thursday, August 19 at 2 p.m. (EDT). The webinar, How Activating AI and Network Connections is Redefining the Claims and Repair Experiences, will feature Marc Fredman, chief strategy officer, and Shivani Govil, chief product officer, from CCC Intelligent Solutions […]
CCC Incorporates AI into Collision Repair Estimating Platform
CCC Intelligent Solutions Inc. announced it will enhance its CCC ONE collision repair estimating platform by adding advanced artificial intelligence (AI) into its application later this quarter. The new feature, CCC ONE Estimating – IQ, will provide collision repair facilities a jump start on estimating, applying machine learning to pre-populate estimates with parts and labor […]
Buckle Selects CCC to Digitize the Auto Claims Experience
CCC Intelligent Solutions Inc. and Buckle, an inclusive tech-enabled financial services company, announced Buckle has selected CCC to digitize auto claims for its community of rideshare and delivery drivers. Buckle, which provides auto insurance to gig economy drivers, will leverage CCC’s advanced AI and photo technology to deliver speed and transparency across key claims decisions, […]
CCC Changes Name to CCC Intelligent Solutions
CCC Information Services Inc. today announced it is updating its name to CCC Intelligent Solutions Inc. The new name reflects the company’s focus on applying artificial intelligence (AI), Internet of Things (IoT), and advanced analytics to power mission-critical workflows, commerce, and connections across the multi-trillion-dollar insurance economy. The CCC Cloud platform connects insurers, collision repairers, […]
CCC Reports Repairable Claims Down Over 22% in September
Driving and claims continued to be depressed in wake of pandemic. According to the CCC AutoClaims Snapshot for September, repairable appraisal counts for the industry in September 2020 remained down from the same month last year and the decline actually increased compared to August. According to CCC, repairable claims in September were down 22.7% versus […]
CCC Reports Repairable Appraisals Down 25% in June Compared to Last Year in U.S.
While down, the June result shows significant improvement over May. Early July results show reversal in areas with surge in coronavirus cases. According to CCC Auto Claims Snapshot for June, the number of repairable appraisals continued to improve in June as the economy reopened. According to the report, repairable appraisal counts were down 25.7% in […]
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