Revenue for the quarter was up 10% year-over-year. Added over 600 collision repair facilities to its platform year-to-date. CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), today announced total revenue was $232.6 million for the second quarter of 2024 ended June 30, an increase of 10% from $211.7 million for the second quarter of 2023. “CCC […]
CCC Launches Intelligent Reinspection to Help Auto Insurers Review Collision Repair Estimates
AI-powered solution streamlines estimate reviews. CCC Intelligent Solutions Inc. (NASDAQ: CCCS) announced the launch of CCC Intelligent Reinspection, a new solution designed to help auto insurers streamline the review of incoming collision repair facility estimates, expediting repairer workflows and claims resolutions. Leveraging AI technology, CCC Intelligent Reinspection identifies areas for review, and provides reason codes […]
CCC Adds Vehicle Build Sheet Data to Streamline Collision Repair Process
New offering integrates detailed vehicle information into CCC ONE. CCC Intelligent Solutions Inc. (NASDAQ: CCCS) announced 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 […]
CCC Second Quarter Crash Course Report Examines Growing Impact of Severe Weather Events on Auto Insurance and Collision Repair
CCC Intelligent Solutions Inc. (NASDAQ: CCCS) today published its Crash Course Q2 2024 Report. This edition examines 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. The report is based on information derived […]
CCC Reports Revenue of $227.2 Million in First Quarter
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) reported total revenue was $227.2 million for the first quarter of 2024 ended March 31, an increase of 11% from $204.9 million for the first quarter of 2023. “CCC delivered strong first quarter results, highlighted by 11% year-over-year revenue growth and 41% adjusted EBITDA margin –both above our […]
CCC Sets Vision to Make Life Just Work for Customers and Millions of Consumers Involved in Auto Claims and Collision Repairs
CCC Intelligent Solutions (NASDAQ: CCCS) announced 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 […]
CCC Crash Course Report Details Labor Pressure and Vehicle Complexity Impact on Insurance and Collision Repair
The new quarterly report identifies macro trends, business drivers, and technologies impacting consumer driving, vehicle ownership, automotive claims, and collision repair. CCC Intelligent Solutions Inc. (CCC) today published its 2024 Crash Course Report highlighting the latest data, insights, and trends impacting the auto claims and collision repair industries. The report is available to download at […]
Tractable Alleges CCC Violates Antitrust Laws in Court Filing
Company says in counterclaim that CCC leverages its market share to limit choice in estimatics market in filing in 2018 lawsuit originally brought by CCC. Tractable accused CCC Intelligent Solutions (NASDAQ:CCCS) of violating federal antitrust laws in a court filing March 11, alleging that CCC is using its 85% market share of insurance claims processed in […]
CCC Reports 2023 Revenue of $866 Million
Full year revenue up 11% versus previous year. CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) reported total revenue was $866.4 million for the full year of 2023, an increase of 11% from $782.4 million in 2022. For the fourth quarter, total revenue was $228.6 million up 12% from $204.1 million for the fourth quarter of […]
Interview: CCC’s Dan Risley Details New Data Privacy Feature
Collision repair facilities are able to remove sensitive data before sharing with third parties. CCC Intelligent Solutions Inc. (CCC) 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 […]
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