CCC Intelligent Solutions Named a Global Leader in Cloud Computing
October 05 2021 - 9:00AM
Business Wire
Technology leader for the P&C insurance
economy recognized with 2021 Stratus Award for its SaaS platform,
helping its customers redefine the auto claims experience for
millions of drivers
CCC Intelligent Solutions, a leading SaaS platform for the
property and casualty insurance economy, has been named a top
technology company in the software as a service sector by Business
Intelligence and honored with a 2021 Stratus Award. The 2021
Stratus Awards recognizes companies and individuals innovating in
the Cloud through differentiated technology offerings that advance
industries and improve lives.
“CCC is excited to be recognized for our work applying advanced
AI and cloud technology to elevate, personalize, and simplify
customers’ experiences across the multi-trillion-dollar P&C
insurance economy,” said, CCC Intelligent Solutions Chief
Technology Officer, John Goodson. “More than a billion days elapse
in the U.S. every year between when auto claims are opened and when
they are resolved. This is stressful to vehicle owners and costly
to auto insurers. The CCC Cloud platform digitally connects the
ecosystem and transforms data into actionable insights accelerating
provider operations and ushering peace of mind to millions of
drivers.”
The average auto claim in the U.S. takes nearly 50 days to
resolve, from the time of the accident to when a driver is back on
the road in their repaired vehicle. CCC connects 30,000 companies -
insurers, collision repairers, automakers, parts suppliers, lenders
and more – and equips customers with a unique combination of cloud,
advanced AI, telematics, and mobile technologies to deliver
intelligent automation. CCC technology is proven to reduce claims
cycle times by up to two weeks helping the industry drive towards
straight through processing.
Maria Jimenez, Chief Nominations Officer of Business
Intelligence Group, said, “CCC Intelligent Solutions is at the
forefront of the cloud helping to drive practical innovations in
the cloud.” She continued, “The cloud is now part of the fabric of
our personal and professional lives, and we are thrilled that our
volunteer judges were able to help promote all of these innovative
services, organizations and executives.”
To learn more about the CCC Cloud and the company’s proven AI
solutions, visit https://cccis.com/our-technology/ai/.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of
recognizing true talent and superior performance in the business
world. Unlike other industry award programs, business
executives—those with experience and knowledge—judge the programs.
The organization’s proprietary and unique scoring system
selectively measures performance across multiple business domains
and then rewards those companies whose achievements stand above
those of their peers.
About CCC
CCC Intelligent Solutions (CCC) (NYSE: CCCS) is a leading SaaS
platform for the multi-trillion-dollar P&C insurance economy
powering operations for insurers, repairers, automakers, part
suppliers, lenders, and more. CCC cloud technology connects more
than 30,000 businesses digitizing mission-critical workflows,
commerce, and customer experiences. A trusted leader in AI, IoT,
customer experience, network and workflow management, CCC delivers
innovations that keep people’s lives moving forward when it matters
most. Learn more about CCC at www.cccis.com.
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
performance of the CCC Cloud and related technologies on cycle
time. Such differences may be material. 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 the registration
statement on Form S-4 filed by Dragoneer with the SEC and those
included under the header “Risk Factors” in the final prospectus of
Dragoneer related to its initial public offering, both of which can
be obtained, without charge, at the SEC’s website (www.sec.gov) in
CCC’s Annual Report on Form 10-K, as amended, and filed with the
SEC on May 13, 2021 and in its subsequent reports on Form 10-Q,
including in the sections thereof captioned “Risk Factors” and
“Special Note Regarding Forward-Looking Statements,” as well as in
its subsequent reports on Form 8-K, as applicable, all of which can
be obtained, without charge, at the SEC’s website (www.sec.gov).
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 businesswire.com: https://www.businesswire.com/news/home/20211005005327/en/
CCC Media Contact: Michelle Hellyar mhellyar@cccis.com
773.791.3675
CCC Intelligent Solutions (NYSE:CCCS)
Historical Stock Chart
From Jun 2024 to Jul 2024
CCC Intelligent Solutions (NYSE:CCCS)
Historical Stock Chart
From Jul 2023 to Jul 2024