One of the biggest casualty trends in 2023 is medical care inflation and its impact on auto casualty billing. Inflation has been top-of-mind for most of us since early 2021, The impacts have been inescapable – from the grocery store to the gas pump to the car dealership. This current period of inflation is the […]
The triage process for a vehicle claim is not always top of mind for insurers. Among the many decisions that must take place between the time of an incident through to resolution, triage determinations can sometimes be regarded as a routine, albeit necessary, post-accident step that insurers approach with the same methodology time and again. […]
The CCC team was excited to be back at InsureTech Connect this year. With 9,000 attendees from 58 countries – including notable insurtech businesses, entrepreneurs, investors, analysts, and other insurance industry incumbents – CCC was in great company. We demonstrated products at our booth, participated in a fireside chat, and hosted an expert panel on […]
CCC Intelligent Solutions Inc. (“CCC”), a leading SaaS platform for the P&C insurance economy, announces it has made touchless estimating a reality. The AI-powered CCC® Estimate-STP uses advanced AI and insurer-driven rules to automatically initiate and populate detailed and actionable estimates in seconds. In market with four national insurers, including USAA, CCC Estimate – STP […]
Broad macrotrends will fundamentally shape the future of the insurance industry and in tandem the day-to-day life of consumers. In fact, shifting consumer expectations for more personal, digital engagements is driving the pace of industry evolution as speed and a seamless experience are key measures of satisfaction. Additionally, as consumers expect fast digital experiences, they […]
Thousands of transactions take place between insurance carriers and their business partners each day, but lack of visibility into the status of those B2B payments, including processing time, remains a pain point for all parties. As the insurance industry continues to digitize key parts of the vehicle claims process — estimating, repair scheduling, total loss […]
Shivani Govil SVP, Chief Product Officer Today networked businesses are all around us. Let’s take food delivery – in 2020, the top 10 food delivery apps accumulated over 91 million U.S. downloads. These apps make a complex process of ordering dinner remotely from a favorite local restaurant as simple as a few clicks. It’s a […]
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 […]
CCC Information Services Inc. (“CCC”), a leading SaaS platform for the P&C insurance economy, announces it plans to deliver on the industry’s vision for straight-through auto claims processing with the launch of CCC® Estimate – STP. To be previewed at CCC’s conference in May, CCC Estimate – STP will employ advanced AI, insurer-driven rules, and […]
