by John Goodson, SVP of Product Development Artificial intelligence represents a fundamental shift in how businesses can make use of the tremendous amounts of data available. Digital interactions between customers and business partners create millions of data points daily – AI can synthesize all of this data to create actionable insights, and even automate tasks […]
Data is increasing rapidly across multiple dimensions – volume, velocity, and variety. In 2020, 1.7 MBs of data was created by every person every second. In fact, more data was created in the last two years than in the entirety of human history. This is a fraction of the data that will be available tomorrow […]
CCC Information Services Inc. (CCC) announces the publication of Crash Course 2021, revealing industry-leading insights on the business, consumer, environmental, and technology trends shaping the P&C insurance economy. The report provides a substantive view of how Covid-19 reshaped the industry with shifts in driving behavior, attitudes toward personal mobility, adoption of telematics-enabled usage-based insurance, and […]
A Seasoned Executive In Enterprise SaaS and AI Technology, Govil Joins CCC to Drive Product Innovation for the P&C Insurance Industry Technology Leader CCC Information Services Inc. (CCC), a leading SaaS platform for the P&C insurance economy, strengthens its executive team by adding Shivani Govil as Chief Product Officer. Govil will lead the company’s product […]
CCC, an AI Leader in Insurance Technology, Reports a More Than 50 Percent Year-Over-Year Increase in the Application of Deep-Learning for Claims Processing CCC Information Services (CCC), an AI leader in insurance technology, reports a more than 50 percent year-over-year increase in claims processed using deep learning. The company also reports that more than 5 […]
Bodily injury claim frequency is decreasing, thanks in large part to advanced driver-assistance systems (ADAS). However, claim severity is on the rise. As more medical specials are submitted per injured party, the claims process becomes more complicated, requiring additional time and resources to complete. This added complexity along with increased charges per claim can limit […]
In 2018, CCC introduced the world’s first AI solution for vehicle collision estimates: CCC® Smart Estimate. Leveraging CCC’s estimating logic and AI photo analytics capabilities, Smart Estimate pre-populates baseline estimates with analogous processes for insurance carrier appraisers to review, edit and advance. Through the process, Smart Estimate AI and human appraisers learn from each other, […]
In an unprecedented year, our focus as a company has been on helping our clients navigate the challenges of 2020. The primary challenge has been to help CCC clients forge new ways of connecting – with their customers and with each other – amidst a pandemic that has wrought so much disconnection and isolation. As […]
CCC Information Services Inc. (CCC) announces today that (State Auto) has selected CCC as its first-party casualty solution provider, extending the companies’ relationship. Now State Auto can manage auto physical damage and first- and third-party casualty claims through a single digital workflow, powered by CCC. CCC’s First-Party Casualty solution digitizes bill intake and review. Insurers’ specific […]
This has been a year like no other. And as you may remember from this previous post, CCC participated in 2020’s InsureTech Connect virtually. From their homes in different parts of the country, cross-industry thought leaders beamed their thoughts and insights to the ITC audience and shared their take on changing consumer behavior as well […]
