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CCC Receives Award for Artificial Intelligence Excellence

March 29, 2023 By CollisionWeek Editor

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 […]

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

Indiana Farmers Insurance Partners with CCC for AI-Powered Estimating

March 22, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, CCC, Indiana Farm Bureau

CCC 2023 Crash Course Report Shows Increasing Labor Rates, Parts Prices and Collision Repair Complexity

March 14, 2023 By CollisionWeek Editor

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 […]

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

CCC Reports Revenue of $782 Million in 2022

March 2, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: CCC, Earnings

CCC Reports Use of Advanced AI for Claims Processing Grew 60% in 2022

February 21, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Artificial Intelligence, CCC

Root Insurance Expands Relationship with CCC to First-Party Casualty

February 16, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Agreements Signed, CCC, Root Insurance

Duck Creek Adds CCC Claims Solutions to its Partner Program

February 2, 2023 By CollisionWeek Editor

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, […]

Filed Under: News Tagged With: Agreements Signed, CCC, Duck Creek Technologies, Integrations

CCC Announces Integration of its Collision Repair Shop Management Solution with CDK Global’s Dealer Management System

January 31, 2023 By CollisionWeek Editor

CCC Intelligent Solutions Inc. announced today its CCC ONE Repair Workflow shop management solution is now available to dealer-owned collision repairers via an integration with CDK Global’s dealer management system (DMS). The integration will connect two systems mission-critical to dealer and repair center operations, streamlining repair management and creating visibility from the inception of the […]

Filed Under: News Tagged With: Agreements Signed, CCC, CDK Global, Integrations

CCC’s Susanna Gotsch Retires

January 3, 2023 By CollisionWeek Editor

CCC Intelligent Solutions Inc. (NASDAQ:CCCS) announced that Susanna Gotsch, Sr. Director Industry Analytics, was retiring at the end of 2022 after 30 years with the company. “Susanna is exemplary in every way and her retirement, while bittersweet, is extremely well-earned,” said Chairman and CEO, Githesh Ramamurthy. “From her early days helping to build what has […]

Filed Under: News Tagged With: CCC, People

CCC Partners with Zendrive to Connect Crash Data to Claims

December 14, 2022 By CollisionWeek Editor

CCC Intelligent Solutions Inc. (NYSE:CCCS) announced that Zendrive is the newest mobility risk intelligence provider to join the CCC network. Insurance customers of the two companies will be able to seamlessly connect smartphone-centric crash detection data with CCC’s claims management solutions, helping to improve and speed claims outcomes. CCC works with more than 300 U.S. […]

Filed Under: News Tagged With: Agreements Signed, CCC, FNOL, Telematics, Zendrive

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