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    CCC Intelligent Solutions Selected for PropertyCasualty360's 2024 Insurance Luminaries Recognition

    10/29/24 8:00:00 AM ET
    $CCCS
    Computer Software: Prepackaged Software
    Technology
    Get the next $CCCS alert in real time by email

    The CCC Intelligent Experience (IX) Cloud™ Recognized for Technology Innovation

    CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today that it has been named to PropertyCasualty360's Insurance Luminaries Class of 2024 in the category of Technology Innovation. This recognition highlights the CCC Intelligent Experience (IX) Cloud™ platform, which delivers real-time insights and AI-powered automation to enable faster, more informed business decisions across the ecosystem of providers that come together to bring drivers back to pre-accident condition. The Insurance Luminaries program spotlights top professionals, teams, organizations, programs, practices and products that strive to modernize and humanize the P&C insurance business.

    "CCC is honored to be recognized in the Technology Innovation category for our CCC IX Cloud platform," said John Goodson, chief product and technology officer at CCC. "The industry is reaching a critical inflection point, where reliance on historical data alone is no longer sufficient to meet evolving customer needs. Companies will need real-time insights and predictive data to respond effectively as business events unfold. The IX Cloud was designed with this shift in mind, supporting customers in making smarter, data-driven decisions by delivering timely insights that inform next best actions. This recognition underscores our commitment to delivering intelligent solutions that empower our customers to operate at the speed of change in an ever-evolving industry."

    The CCC IX Cloud™ is the new core of CCC's technology, amplifying the efficiency and intelligence of CCC's solutions. With the powerful combination of an event-based architecture and industry-leading AI, the IX Cloud supports real-time decision-making and automation across the P&C ecosystem By integrating data and AI, it transforms linear workflows into dynamic, concurrent processes, creating intelligent experiences that help businesses operate faster and more effectively.

    "My colleagues and I are thrilled to be able to recognize pace-setting insurance organizations, programs, practices, teams and individuals as part of the annual PropertyCasualty360 Insurance Luminaries recognition program," says Editor in Chief Elana Ashanti Jefferson. "This year's honorees pay homage to the industry's mission to make insureds whole after a major loss while adapting to challenging business conditions created by historic storms, inflation and litigation trends."

    ​Visit cccis.com/ix to learn more about the CCC IX Cloud and intelligent experiences.

    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 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 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 (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/20241029853845/en/

    Get the next $CCCS alert in real time by email

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    Q&A

    New
    • What recognition did CCC Intelligent Solutions Inc. recently receive?

      The CCC Intelligent Solutions Inc. has been recognized for its technology innovation in the P&C insurance sector, particularly through its CCC Intelligent Experience (IX) Cloud platform.

    • What functionalities does the CCC IX Cloud platform provide?

      The CCC IX Cloud platform leverages real-time insights and AI-powered automation to facilitate faster business decisions and operations in the insurance ecosystem.

    • What is the Insurance Luminaries program and its purpose?

      The recognition was part of PropertyCasualty360's Insurance Luminaries Class of 2024 program, which highlights advancements in the insurance industry that aim to modernize and improve customer service.

    • What is John Goodson's view on the current challenges facing the insurance industry?

      John Goodson stated that reliance on historical data is insufficient in today's rapidly evolving insurance landscape, emphasizing the need for real-time insights and predictive data to inform decisions.

    • How does CCC Intelligent Solutions support the P&C insurance economy?

      CCC Intelligent Solutions Inc. connects over 35,000 businesses and focuses on providing intelligent experiences through AI and innovative technology to support various stakeholders in the P&C insurance economy.

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