Latest news with #CCCIntelligentSolutionsInc
Business Wire
3 days ago
- Automotive
- Business Wire
CCC Intelligent Solutions Selected by Premium Automaker to Help Drivers Connect with Certified Repairers and Take the First Step Toward Repair
CHICAGO--(BUSINESS WIRE)-- CCC Intelligent Solutions Inc. (CCC), a leading cloud platform provider powering the P&C insurance economy, today announced that it was selected by BMW of North America to help enhance the post-collision experience for its drivers. By integrating CCC technology into its customer-facing digital experience, BMW now makes it easier for drivers in the U.S. to find and connect with certified repair centers, request photo estimates and gain early insight into repair costs. At the same time, the number of BMW certified parts available to repairers has been significantly expanded through CCC ® Parts, helping shops access competitively priced original BMW components. To help more drivers connect with BMW-certified repairers, CCC's technology has been integrated into BMW's Certified Shop Locator to enhance its functionality. Through CCC ® OEM Net Refer, BMW Certified Collision Repair Centers (CCRCs) with CCC ® Engage can now offer drivers the ability to request a photo estimate or book an appointment directly through the locator. These shops can also enable CCC's AI-powered Repair Cost Predictor, which analyzes driver-submitted photos to instantly generate a repair cost range, giving consumers early insight into potential damage before scheduling a formal estimate or filing a claim. Through CCC ® Promote, the number of eligible promotionally priced BMW parts available in 2025 has tripled making it easier for more than 30,500 repair facilities to access BMW parts from participating dealers using CCC Parts. BMW has also designated CCC Parts as its platform for managing dealer rebate programs, helping dealers streamline incentives and maintain consistency across the network. 'BMW is improving how drivers and repairers engage after a collision,' said Andreas Hecht, senior vice president of mobility at CCC. 'We're proud to support that commitment through technologies that simplify the repair journey, increase visibility into shop performance and help enable access to original BMW parts.' To learn more about CCC's OEM solutions, visit About CCC CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), is a leading cloud platform for the multi-trillion-dollar P&C insurance economy, creating intelligent experiences for insurers, repairers, automakers, part suppliers, and more. The CCC Intelligent Experience (IX) Cloud™ platform, powered by proven AI and an innovative event-based architecture, connects more than 35,000 businesses to power customized applications and platforms for optimal outcomes and personalized experiences that just work. Through purposeful innovation and the strength of its connections, CCC technologies empower the people and industry relied upon to keep lives moving forward when it matters most. Learn more about CCC at Special Note Regarding Forward-Looking Statements This press release contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: 'may,' 'will,' 'could,' 'would,' 'should,' 'expect,' 'intend,' 'plan,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'project,' 'potential,' 'continue,' 'ongoing' or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding future use and performance of CCC's digital solutions. We cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, competition, including technological advances and new products marketed by competitors; changes to applicable laws and regulations; and other risks and uncertainties, including those included under the header 'Risk Factors' in CCC's filings with the Securities and Exchange Commission ('SEC'), including the Form 10-K filed February 25, 2025, which can be obtained, without charge, at the SEC's website ( The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.
Business Wire
24-04-2025
- Automotive
- Business Wire
Caliber Collision Extends Relationship with CCC Intelligent Solutions
CHICAGO--(BUSINESS WIRE)-- CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today that Caliber Collision (Caliber), the nation's largest auto collision repair provider, has extended its relationship with CCC. Through this renewal, Caliber will continue to use CCC ONE ® solutions, including the addition of CCC ® Diagnostics Workflow and CCC ® Build Sheets, to streamline operations and enhance services across its repair facilities. 'At Caliber Collision, we are committed to delivering the highest quality service and repair experience for our customers and carrier partners,' said Casey Santos, chief technology officer at Caliber. 'By working with CCC, we gain access to the technology, data, insights and business partners we need to enhance our workflow efficiency and maintain the highest of standards. CCC's solutions support our focus and investment in transformational technology solutions and our mission to restore the rhythm of our customers' lives by providing safe, reliable and timely repairs.' With more than 1,800 locations, Caliber offers comprehensive auto repair services across 41 states. Caliber began working with CCC when it had just 100 locations and has grown alongside CCC's technology, leveraging CCC ONE to support its expansion and enhance operational efficiency. By renewing and extending its relationship with CCC, Caliber can drive greater efficiency in vehicle diagnostics and repair planning. 'Caliber plays a critical role in getting millions of drivers back on the road after a collision, and we're proud to continue providing them with industry-leading solutions that support their repair operations,' said Mark Fincher, vice president of product management at CCC. 'With CCC ONE solutions, Caliber repair shops can manage workflows, access critical vehicle insights, connect to essential business partners, and make informed decisions — all within a single, connected platform.' CCC ONE is the leading technology platform for body shops, helping shop owners, managers and estimators manage the estimating and repair process from start to finish. The platform combines critical business operations into a single solution, helping shops earn more business, boost productivity, improve repair quality and exceed customer expectations. To learn more about CCC ONE, visit About CCC CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), is a leading cloud platform for the multi-trillion-dollar P&C insurance economy, creating intelligent experiences for insurers, repairers, automakers, part suppliers, and more. The CCC Intelligent Experience (IX) Cloud™ platform, powered by proven AI and an innovative event-based architecture, connects more than 35,000 businesses to power customized applications and platforms for optimal outcomes and personalized experiences that just work. Through purposeful innovation and the strength of its connections, CCC technologies empower the people and industry relied upon to keep lives moving forward when it matters most. Learn more about CCC at About Caliber Founded in 1997, the Caliber portfolio of brands has grown to more than 1,800 centers nationwide and features a full range of complementary automotive services, including Caliber Collision, the nation's largest auto collision repair provider across 41 states, and Caliber Auto Glass for glass repair and replacement. With the purpose of Restoring the Rhythm of Your Life ®, Caliber's more than 30,000 teammates are committed to getting customers back on the road safely—and back to the rhythm of their lives. Dedicated to providing an outstanding customer experience, Caliber continues to rank among the highest customer satisfaction scores in the industry. Learn more about Caliber at Special Note Regarding Forward-Looking Statements This press release contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: 'may,' 'will,' 'could,' 'would,' 'should,' 'expect,' 'intend,' 'plan,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'project,' 'potential,' 'continue,' 'ongoing' or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding future use and performance of CCC's digital solutions. We cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, competition, including technological advances and new products marketed by competitors; changes to applicable laws and regulations; and other risks and uncertainties, including those included under the header 'Risk Factors' in CCC's filings with the Securities and Exchange Commission ('SEC'), including the Form 10-K filed February 25, 2025, which can be obtained, without charge, at the SEC's website ( The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.
Yahoo
08-04-2025
- Automotive
- Yahoo
CCC Crash Course Report Highlights the Forces Reshaping the U.S. Vehicle Fleet and Implications for the Auto Claims and Repair Ecosystem
Q1 2025 Edition Analyzes Shifting Ownership Trends, EV and Hybrid Repair Challenges, ADAS Complexity and Rising Casualty Costs CHICAGO, April 08, 2025--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (CCC), a leading cloud platform provider powering the P&C insurance economy, today published its Crash Course Q1 2025 Report, offering an in-depth analysis of the evolving U.S. vehicle fleet and the ripple effects these shifts are having on auto claims and repairs. The report examines key trends including the aging vehicle fleet, repair challenges introduced by EVs and hybrids, ADAS-related repair complexity and rising casualty-related expenses. Crash Course is based on information derived from 300 million claims-related transactions and millions of bodily injury and personal injury protection (PIP) /medical payments (MedPay) casualty claims processed by CCC customers using the company's solutions. "Today's U.S. vehicle fleet — referred to in the report as the 'car parc' — is undergoing a transformation that's anything but cyclical," said Kyle Krumlauf, director of industry analytics at CCC and co-author of Crash Course. "We're seeing the convergence of several structural shifts including longer vehicle life, increasingly complex and tech-driven repairs, cost inflation, changing ownership models and rising consumer expectations. It's this intersection — not any single trend — that marks a true inflection point for the auto claims and repair economy. Our Q1 report helps the industry understand these forces and plan accordingly." Key findings from the Crash Course Q1 2025 Report include: The Aging U.S. Car Parc: The average vehicle on U.S. roads is now 12.7 years old, projected to reach 13 years by 2026. The share of repairable vehicles aged 7 years or older has increased 9 percentage points since 2019. High vehicle costs, interest rates and supply constraints are driving longer ownership cycles, delayed upgrades and increased repair needs. EV and Hybrid Repairs are More Costly and Complex: EVs require nearly 4 more labor hours than ICE vehicles per repair, with labor costs averaging 30 percent higher. Hybrids require the most expensive parts on average, while EVs have fewer but costlier parts. EVs averaged 22 parts replaced per repair in 2024 — compared to 16 for ICE vehicles. ADAS and Diagnostics Continue to Increase Repair Costs: Vehicles equipped with Advanced Driver Assistance Systems (ADAS) demand more frequent and complex diagnostics. Hybrids had the highest calibration frequency and cost, with features like front automatic emergency braking and blind spot monitoring now found in more than half of vehicles. Casualty Costs Climbing Across the Board: Medical inflation is outpacing general healthcare costs, with the average third-party bodily injury payout rising 8 percent since Q3 2023. First-party medical severity is up nearly 8 percent in the same timeframe, with notable increases in outpatient surgeries and diagnostic procedures such as CT scans and MRIs. Total Loss Frequency Remains Elevated: Over 70 percent of total loss valuations in 2024 were for vehicles seven years or older. Continued depreciation of used vehicles and the growing cost of repairs — especially for EVs and ADAS-equipped cars — are driving carriers to declare more vehicles total losses. The Q1 2025 report is the 33rd edition of Crash Course and part of CCC's ongoing commitment to advancing industry knowledge and helping its customers turn data into confident action and crucial moments into intelligent experiences. Download the full report at About CCC CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), is a leading cloud platform for the multi-trillion-dollar P&C insurance economy, creating intelligent experiences for insurers, repairers, automakers, part suppliers, and more. The CCC Intelligent Experience (IX) Cloud™ platform, powered by proven AI and an innovative event-based architecture, connects more than 35,000 businesses to power customized applications and platforms for optimal outcomes and personalized experiences that just work. Through purposeful innovation and the strength of its connections, CCC technologies empower the people and industry relied upon to keep lives moving forward when it matters most. Learn more about CCC at Special Note Regarding Forward-Looking Statements This press release contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing" or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding future use and performance of CCC's digital solutions. We cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, competition, including technological advances and new products marketed by competitors; changes to applicable laws and regulations; and other risks and uncertainties, including those included under the header "Risk Factors" in CCC's filings with the Securities and Exchange Commission ("SEC"), including the Form 10-K filed February 28, 2024, which can be obtained, without charge, at the SEC's website ( The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release. View source version on Contacts CCC Media Contact: Laura Weberlweber@ | 773.960.7144 Sign in to access your portfolio
