Bear River Mutual Selects the CCC Platform, Leveraging AI-Powered, Digital Technology to Deliver Better Claims Experiences to Policyholders
May 10 2022 - 7:00AM
Business Wire
CCC Smart Digital Technology Supports More than
95 Insurers
CCC Intelligent Solutions (CCC), the SaaS platform powering the
P&C insurance economy, today announced Bear River Mutual
Insurance Company will employ the CCC platform, leveraging the tech
leaders advanced AI and mobile claims solutions. Bear River Mutual
staff will now have access to CCC’s market-leading digital tools to
resolve claims more conveniently and efficiently for policyholders.
CCC works with more than 300 auto insurers in the U.S., including
18 of the top 20 carriers.
“Since our founding, the Bear River Mutual team has focused on
delivering excellent customer service and peace of mind to our
policyholders,” said Duffy Pingree, President and CEO of Bear River
Mutual. “We are confident CCC’s proven technology, powered by the
industry's leading data and insights, will help us continue
delivering on these goals and prepare us to meet the evolving
digital expectations of our policyholders.”
Bear River Mutual will utilize several offerings within CCC’s
suite of claims solutions including mobile photo capture solution,
Quick Estimate®, and the industry’s first AI-powered estimating
tool, Smart Estimate®.
Immediately following an accident, digital photos of vehicle
damage can be captured by drivers and shared through the CCC
advanced cloud-based platform for insurer review. CCC’s photo
analytics and advanced AI are then applied to help speed and inform
key decisions and activities across the claim.
“The transition to digital claims processing has reached a
tipping point as the industry leverages new technologies and
artificial intelligence to accelerate outcomes for policyholders,”
said Scott Janik, SVP of CCC’s Insurance Services Group. “We are
excited to begin working with the Bear River Mutual team as they
move toward a more digital, seamless, and straight through claims
management experience as a means to further support their customers
and deliver peace of mind in the moments that matter most.”
Learn more about CCC's digital solutions at
www.cccis.com/our-technology/ai/.
About Bear River Mutual
Bear River Mutual Insurance Company is Utah’s oldest mutual
property and casualty insurance company. The company was organized
July 1, 1909, in the Northern Utah farming community of Garland
along the banks of the Bear River. The vision of the company is to
insure the best drivers and most responsible homeowners. The
founders of the mutual realized that if they pooled their resources
among a select group of responsible insureds, with similar values
and characteristics, they could not only lessen the financial
uncertainties that can come from a property or casualty loss, but
also lessen the cost of that protection. To learn more, visit
www.bearrivermutual.com.
About CCC
CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC
Intelligent Solutions Holdings Inc. (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 use
and performance of CCC’s digital and AI solutions. 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 most recently filed Form 10-K by CCC with the
Securities and Exchange Commission (“SEC”) on March 1, 2022, 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.
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Michelle Hellyar mhellyar@cccis.com | 773.791.3675
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