Solution Provides Rules-based Search Functionality and Advanced Integration for Smarter, More Efficient Access to Aftermarket Parts
Chicago, IL, April 4, 2013 – CCC Intelligent Solutions and LKQ Corporation (Nasdaq: LKQ), announced today the availability of an intelligent parts solution, applying rules-based search functionality to LKQ’s vast aftermarket parts inventory database. Users of CCC ONE™ Estimating for Insurance will now be able to search among the industry’s most integrated aftermarket parts database, selecting the best part for every job based on part type, availability, price, and ship date. Today’s announcement advances the existing relationship between the two companies.
“LKQ has worked with CCC for many years, providing users of CCC’s software with important parts information to complete estimates in a timely manner,” said Terry Fortner, Vice President, Industry Relations and Market Development for LKQ. “Today’s announcement is a continuation of our long-standing relationship, but also marks the first step in the next phase of our work together, which will bring deeper integration between our two systems and even greater precision in parts search-ability and sourcing for CCC customers.”
According to Jim Dickens, Executive Vice President for CCC, “CCC is making significant investments in developing and delivering parts solutions for our customers. Today’s announcement is an important milestone as CCC ONE Estimating for Insurance now includes rules-based search functionality to deliver parts information that most closely aligns with the repair at hand, including price criteria, adherence to carrier guidelines and desired delivery times. We’re excited to continue our work with LKQ and look forward to future advancements in this area.”
About CCC Intelligent Solutions
CCC brings together what matters most – insight to make the best decisions, connections into the largest auto claims network and superior productivity through an innovative single platform. Founded in 1980, CCC is the nation’s leading provider of advanced software, workflow tools and enabling technologies to the automotive claims and collision repair industries. Its client base includes more than 350 insurance companies and more than 21,000 repair facilities. CCC also delivers the most comprehensive, best-in-class industry insights by leveraging data captured from the millions of transactions processed through its network, and the forward-looking, trusted advisor perspective of its people. You can find out more about CCC Intelligent Solutions by visiting the company’s web site at www.cccutilities.wpengine.com.
About LKQ Corporation
LKQ Corporation is the largest nationwide provider of aftermarket, recycled, and refurbished collision replacement parts, and a leading provider of mechanical replacement parts including remanufactured engines, all in connection with the repair of automobiles and other vehicles. LKQ also has operations in the United Kingdom, Canada, Mexico and Central America. LKQ operates more than 500 facilities, offering its customers a broad range of replacement systems, components and parts to repair automobiles and light, medium and heavy-duty trucks.
To learn more please contact:
John DeRango
Global Marketing and Product Strategy
CCC Intelligent Solutions
312.229.2110
jderango@cccis.com
Joseph Boutross, LKQ
jpboutross@LKQCORP.com