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CCC Reports Total Cost of Repair Up 3.7% in First Half of 2024

October 3, 2024 By CollisionWeek Editor

Third quarter Crash Course report explores trends impacting auto claims and collision repair. CCC Intelligent Solutions Inc. (NASDAQ:CCCS) today published its Crash Course Q3 2024 Report, identifying the key trends that will shape the auto claims and collision repair industry in 2025. The report examines pressing challenges such as the impact of inflation and labor […]

Filed Under: News Tagged With: CCC, Claim Severity, Crash Course, Electric Vehicles, Labor Rates, Total Loss

CCC Launches Collision Repair Facility Payroll Management Solution

September 4, 2024 By CollisionWeek Editor

CCC Intelligent Solutions Inc. (NASDAQ: CCCS) announced today the launch of CCC Payroll, a new solution designed to streamline payroll management for collision repair facilities. Integrated into the CCC ONE platform, CCC Payroll enables shops to track production and labor, and streamline payroll within a single system, simplifying the payroll process from start to finish […]

Filed Under: News Tagged With: CCC, Payroll

Justin McWhirter Named Chief Information Officer at CCC

August 7, 2024 By CollisionWeek Editor

CCC Intelligent Solutions Inc. (NASDAQ: CCCS) announced today the appointment of Justin McWhirter as chief information officer (CIO) following the retirement of CIO Bill Rocholl, who held the position since 2013. McWhirter will oversee the company’s IT operations, enhancing the day-to-day operations of existing applications, while also accelerating the pace of innovation and driving AI […]

Filed Under: News Tagged With: CCC, People

CCC Reports $232.6 Million Revenue in Second Quarter

July 31, 2024 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: CCC, Earnings

CCC Launches Intelligent Reinspection to Help Auto Insurers Review Collision Repair Estimates

July 30, 2024 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Artificial Intelligence, CCC, Reinspection

CCC Adds Vehicle Build Sheet Data to Streamline Collision Repair Process

July 16, 2024 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Build Data, CCC, estimating

CCC Second Quarter Crash Course Report Examines Growing Impact of Severe Weather Events on Auto Insurance and Collision Repair

June 25, 2024 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Catastrophe Claims, CCC, Claim Severity, Crash Course

CCC Reports Revenue of $227.2 Million in First Quarter

May 1, 2024 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: CCC, Earnings

CCC Sets Vision to Make Life Just Work for Customers and Millions of Consumers Involved in Auto Claims and Collision Repairs

April 9, 2024 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: CCC

CCC Crash Course Report Details Labor Pressure and Vehicle Complexity Impact on Insurance and Collision Repair

March 26, 2024 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: CCC, Claim Frequency, Claim Severity, Crash Course

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