As ridesharing and delivery apps have become more popular, it has blurred the once clearly delineated lines of personal versus commercial drivers and insurance. A person doesn’t have to become a professionally licensed driver to find work in the gig economy. And with ridesharing more widely available, how we get around is changing. These shifts […]
CCC’s Advanced AI and Photo Technology Help Rideshare and Delivery Drivers Minimize Vehicle Down Time Following an Auto Accident CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform for the P&C insurance economy, and Buckle, an inclusive tech-enabled financial services company, announced Buckle has selected CCC to digitize auto claims for its community of rideshare and delivery […]
Experimentation, customer collaboration, and simplicity: these are just a few of the principles that guide Shivani Govil’s approach to product innovation as CCC’s new Chief Product Officer. Below Govil discusses her new role, what excites her about the P&C insurance economy, and CCC’s position in the market. She not only casts a vision of where […]
“Digital transformation is the essential driver behind how companies will add value and deliver services to their modern customer…yet AI alone cannot deliver transformation.” – John Goodson, SVP of Product Development In his post for Insurance Thought Leadership, Senior Vice President of Product Development John Goodson explains how AI only becomes transformative when combined […]
Charles Plath, Associate Director, Product Design A few years before I started working at CCC, another insurtech company in the complex space of policy administration and underwriting for commercial insurance brought me in to modernize their products and introduce design thinking methods throughout the org. During the announcement, someone who had been there for years […]
“One of the things that’s been pretty interesting is actually the acceleration – what we’ve seen in AI. We did announce recently that we hit a 5 million claims threshold using at least one CCC deep-learning model, but I thought what was really interesting was, in 2020, we had more than 100% increase in the […]
Artificial Intelligence has changed the auto insurance world – from mitigating risk, to creating streamlined efficiencies, to improving customer experiences. CCC, the leader in AI with more than 75 insurers actively using our AI-enabled solutions, saw the number of claims processed with two or more of CCC’s advanced deep-learning AI more than double in 2020 […]
Total loss frequency has been steadily rising the last several years, driven by higher vehicle purchase and repair costs. With more than 21% of all accidents resulting in as total loss in 2020, and 40% of all total loss claims involving vehicles secured by lenders, digitizing the total loss process can deliver several benefits, including […]
Like many technology-reliant industries around the world, the auto industry is experiencing the impact of the global shortage of semiconductor chips, the microchips that power digital devices and process data. In the auto industry, these chips power Advanced Driver Assistance Systems (ADAS). What caused this shortage? At the start of 2020, high demand for semiconductor […]
CCC Information Services Inc. (CCC), a leading SaaS provider to the P&C insurance economy, announces plans to launch an enterprise payments platform to power electronic payments across the insurance and automotive ecosystem. The company aims to expand its CCC® Payments capabilities to enable digital payments between insurers and their business partners, reducing administrative costs and […]
