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U.S. Vehicle Fleet Transformation Impacts Auto Claims and Collision Repair Industries

April 8, 2025 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: CCC, Labor Rates, Total Cost of Repair, Total Loss

CCC Intelligent Solutions Delivers Strong Q4 and Full Year 2024 Financial Results

February 27, 2025 By CollisionWeek Editor

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%. […]

Filed Under: News Tagged With: CCC, Earnings

Tim Welsh Named President at CCC

February 26, 2025 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: CCC, People

CCC Repair Workflow Now Integrates with Tekion DMS Platform

February 4, 2025 By CollisionWeek Editor

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, […]

Filed Under: News Tagged With: CCC, Integrations, Management Systems, Tekion

CCC Receives CIECA’s Electronic Commerce Company of the Year Award

January 8, 2025 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Awards, CCC, Collision Industry Electronic Commerce Association

CCC Completes Acquisition of EvolutionIQ

January 7, 2025 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, CCC

Interview: Maryling Yu, CCC Intelligent Solutions

November 15, 2024 By CollisionWeek Editor

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 […]

Filed Under: Feature Tagged With: CCC, Customer Satisfaction, Interview

asTech Announces adasThink Integration with CCC

November 14, 2024 By CollisionWeek Editor

Repairify announced a new integration between its ADAS-focused platform, adasThink, and CCC ONE, the estimating and repair management software from CCC Intelligent Solutions Inc. (CCC). This collaboration aims to provide collision repair shops with seamless access to advanced driver assistance systems (ADAS) insights, helping to enhance repair precision, increase efficiency and reduce cycle times. The […]

Filed Under: News Tagged With: adasThink, Advanced Driver Assistance Systems, CCC, Integrations, Repairify

Healthcare and Technology Executive Neil de Crescenzo Joins CCC Board

November 8, 2024 By CollisionWeek Editor

CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS) announced the appointment of Neil de Crescenzo to its Board of Directors. Mr. de Crescenzo brings decades of expertise in the healthcare and technology sectors and proven success in deploying technology at scale across industries. His addition strengthens CCC’s commitment to bolstering its market position and driving long-term value […]

Filed Under: News Tagged With: Board of Directors, CCC, People

CCC Receives 2024 Insurance Luminaries Recognition

October 30, 2024 By CollisionWeek Editor

CCC Intelligent Solutions Inc. (CCC) has been named to PropertyCasualty360’s Insurance Luminaries Class of 2024 in the category of Technology Innovation. This recognition highlights the CCC Intelligent Experience (IX) Cloud platform, which delivers real-time insights and AI-powered automation to enable faster, more informed business decisions across the ecosystem of providers that come together to bring […]

Filed Under: News Tagged With: Awards, CCC

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