Each year, thousands of collision repair students across the country receive the opportunity to learn on the same software widely used by the collision repair facilities and insurance carriers – at no cost to the school or students – thanks to the generosity of Audatex, a Solera Company; CCC Intelligent Solutions Inc. (CCC); and Mitchell, […]
CCC and Verisk Form Strategic Partnership
Initial collaboration will work to prevent auto insurance fraud. CCC Intelligent Solutions Inc. (NASDAQ:CCCS) and Verisk Analytics, Inc. (NASDAQ:VRSK) announced today a strategic partnership that will leverage the two providers’ technologies to bring new innovations to P&C insurance claims. CCC provides a cloud platform for the P&C insurance economy and Verisk is a global data […]
Interview: Jason Verlen, CCC Intelligent Solutions Details Crash Course Trends
Verlen discusses the factors influencing collision repair and auto insurance claims. In our video interview, Jason Verlen, CCC’s vice president, product marketing, details key macro and micro trends that are impacting vehicle owners, driving behaviors and ultimately the collision repair and auto insurance claims industries. To help understand the trends and how they are impacting […]
CCC Receives Award for Artificial Intelligence Excellence
CCC Intelligent Solutions Inc. (NASDAQ:CCCS) announced 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. CCC’s AI-powered estimating solution CCC Estimate – STP was recognized as a top innovation in the product category […]
Indiana Farmers Insurance Partners with CCC for AI-Powered Estimating
CCC Intelligent Solutions Inc. (NASDAQ:CCCS) announced 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 […]
CCC 2023 Crash Course Report Shows Increasing Labor Rates, Parts Prices and Collision Repair Complexity
Report identifies macro trends, business drivers, and technologies reshaping consumer driving, vehicle ownership, automotive claims, and collision repair. CCC Intelligent Solutions Inc. announced the availability of its annual Crash Course report, which identifies trends impacting the P&C insurance economy. The report delivers insights on the convergence of economic, social, and technological shifts that are reshaping […]
CCC Reports Revenue of $782 Million in 2022
Up 14% compared to the previous year. CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS) announced revenue was $782.4 million for the full year 2022, an increase of 14% from $688.3 million for the full year 2021. For the quarter ended December 31, total revenue was $204.1 million, up 9.1% compared to $187.1 million for the fourth […]
CCC Reports Use of Advanced AI for Claims Processing Grew 60% in 2022
CCC Intelligent Solutions Inc. (NASDAQ:CCCS) today announced 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% year-over-year. The company also reports that more than […]
Root Insurance Expands Relationship with CCC to First-Party Casualty
CCC Intelligent Solutions Inc. (NASDAQ:CCCS) 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. The CCC First-Party Casualty solution […]
Duck Creek Adds CCC Claims Solutions to its Partner Program
Duck Creek Technologies (NASDAQ:DCT), the property and casualty (P&C) insurance solutions provider, today welcomed CCC Intelligent Solutions, a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS), as the newest strategic member in its partner program. Through the integration, Duck Creek core system users will be able to seamlessly access solutions from CCC’s claims management suite, […]
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