CCC announces today significant growth in the adoption of its parts eCommerce and marketing capabilities, signaling a shift in how collision parts are promoted and purchased within the industry. The volume of electronic parts orders through its system by collision repairers has grown nearly 20x over four years. The company also reports that daily live […]
It’s no secret that COVID-19 has had a huge impact on nearly every aspect of society, and insurance companies and car companies are no exception. Shelter in place orders across most states in the month of April drove mileage down 50%. And even as numbers start to improve as states begin to reopen, traffic volume […]
A recent CCC Trends article quantified the impact of the COVID-19 pandemic and resulting shelter-at-home orders on both driving and accident frequency. It provides good insight from a national level and confirms that this is being felt by everyone in the collision repair industry, though most don’t need national studies to realize business has slowed. […]
CCC Intelligent Solutions (CCC) announces today the availability of CCC® Quick View (Quick View), a photo-guided vehicle inspection solution. Quick View enables auto underwriters to efficiently and affordably complete vehicle inspections virtually by offering policyholders a mobile app to easily capture vehicle photos. Once photos are received, CCC’s proven AI-enabled photo analytics and Damage Detection […]
Miles driven and daily traffic volume fell sharply in mid-March, as states began to issue shelter-at-home directives. At its lowest point, nationwide passenger vehicle travel was down nearly 50 percent. Not surprisingly, CCC saw a significant drop in auto claims activity. While volume in January and February 2020 was essentially flat to the same period […]
To account for reduced driving because of social distancing and shelter-at-home guidelines, auto insurers are returning around $10.5 billion to their customers, providing financial relief when they need it most. But on top of the premium rebates being offered to drivers, a major natural disaster could be catastrophic for business. As we enter peak catastrophe […]
Just how different was Memorial Day 2020 than prior years? For the first time in twenty years, AAA and IHS Markit did not release a projection for 2020 Memorial Day holiday travel volume because the accuracy of the economic data they use to create their forecast was distorted by COVID-19. In this edition of CCC […]
CHICAGO, JUNE 3, 2020 – CCC Intelligent Solutions (CCC) announces today the availability of CCC® Total Loss Care (Total Loss Care), a comprehensive digital solution that simplifies and improves the total loss resolution process and policyholder experience. Total Loss Care uses a range of technologies to digitize processes, connect disparate parties, and inform decisions throughout […]