CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) today announced total revenue was $198.7 million for the third quarter of 2022 that ended September 30, an increase of 13% from $176.6 million for the third quarter of 2021. “CCC delivered strong third quarter results, highlighted by 13% revenue growth and 39% adjusted EBITDA margin. Our solid performance […]
CCC Introduces Diagnostics Enhancements
New functionality seeks to drive consistency and transparency while improving verification of scans across collision repairers and insurers. CCC Intelligent Solutions today announced the introduction of enhancements to CCC Diagnostics that will simplify the diagnostics process for repairs and drive consistency in the administration of diagnostics billing, including customizable diagnostic profiles and a dashboard to […]
CCC Partners with Sfara to Help Insurers Connect Accident Data to Claims
CCC Intelligent Solutions (CCC) and Sfara, a provider of smartphone-based collision detection and personal safety technology, announce today the companies will work together to accelerate claims management. Insurance customers of the two companies will be able to seamlessly connect Sfara’s mobile crash detection data with CCC’s claims management solutions, improving and speeding claims outcomes. CCC […]
Assurance America Extends Relationship with CCC
CCC Intelligent Solutions (CCC), a leading SaaS platform powering the P&C insurance economy, today announced Assurance America (Assurance) will extend the use of CCC technology to include its first-party casualty solution. Now Assurance can manage auto physical damage (APD) and first- and third-party casualty claims through a single digital workflow, powered by CCC. The CCC […]
Michael Silva Named Chief Commercial and Customer Success Officer at CCC
CCC Intelligent Solutions Inc. (NYSE: CCCS) announced the appointment of Michael Silva as Chief Commercial and Customer Success Officer. Silva will have overall responsibility to deliver innovative outcomes for CCC’s customers across the P&C insurance economy. Silva joins CCC from Salesforce, where he was responsible for global and enterprise customers in the financial services segment. […]
GEICO Selects CCC AI-Fraud Protection Solution
CCC Intelligent Solutions (NYSE:CCCS) today announced GEICO is the first auto insurer to leverage its CCC Smart Red Flag Detection solution with Cross Carrier Analysis. Powered by artificial intelligence (AI), CCC Smart Red Flag Cross Carrier uncovers claims discrepancies and duplicate filings for the same damage. The technology works to review claims for a single […]
CCC Safekeep Subrogation Platform Wins 2022 IDC FinTech Rankings Real Results Award
CCC Intelligent Solutions Inc. announced it is a winner of the 2022 IDC FinTech Rankings Real Results Award which recognizes tech providers that have enabled a genuine, measurable, and future-enabling change at a client financial institution. The Company was recognized with an Efficiency and Agility Award for its CCC Safekeep AI-powered subrogation platform and its […]
CCC Intelligent Solutions Reports Revenue of $192.8 Million in Second Quarter, Up 16% from Last Year
CCC Intelligent Solutions Holdings Inc. (NYSE: CCCS), announced total revenue was $192.8 million for the second quarter of 2022 ended June 30, an increase of 16% from $166.8 million for the second quarter of 2021. GAAP gross profit was $139.9 million, representing a gross profit margin of 73%, for the second quarter of 2022, compared […]
AirPro Diagnostics to Integrate with CCC Diagnostics
CCC Intelligent Solutions today announces AirPro Diagnostics (AirPro) will become the newest member of the CCC Diagnostics network, providing collision repair users the ability to capture and document AirPro scan and calibration information in their CCC ONE workfiles. The streamlined service with AirPro is expected to be available via CCC ONE in September. “CCC and […]
Elephant Insurance Extends Relationship with CCC
CCC Intelligent Solutions today announced Elephant Insurance will extend its use of CCC technology to include its AI-powered, digital claims solutions. Specifically, Elephant will leverage CCC’s technology to help digitize and further transform total loss resolution, advancing the insurer’s ability to deliver straight-through processing across the claims experience. “Today’s drivers expect a seamless digital process […]
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