Pc Insurance news and trends

CCC Debuts Website-Building Tool for Collision Repair Shops
eCommerce // October 30, 2023

CCC Intelligent Solutions has unveiled a tool it says lets collision repair shops launch websites. CCC Amplify, announced Monday (Oct. 30) by the property and casualty insurance and repair cloud platform, allows repair shops to build and debut websites in minutes, while also making those sites easier to...

Deep Dive: Why The $1.6T P&C Insurance Industry Is Turning To eChecks For Payment Flexibility
B2B Payments // June 24, 2020

Property and casualty (P&C) is a massive insurance segment that includes auto, home, renters and powersports, among other subcategories. It represented $1.6 trillion in premiums for 2018, according to one recent report, a notable portion of the wider industry’s approximately $5 trillion in revenue that...

The Role Of Digital Payouts In Mitigating The Insurance Industry’s Business Continuity Risks
B2B Payments // June 24, 2020

The insurance industry is all about risk mitigation, and not only when it comes to underwriting policies. Averse to the risk of change, the property and casualty (P&C) insurance arena has been resistant to embrace electronic payments when disbursing funds to claimants. Yet when the...

How P&C Insurer TMNAS Is Leveraging Digital Payments During The Pandemic
B2B Payments // June 23, 2020

Businesses are all too often left waiting for checks from their insurance companies to arrive in the mail after filing claims for property or equipment damage. In the latest Digitizing B2B Payments Tracker, Michael Kelly, senior vice president of finance at P&C firm Tokio Marine...

Interviews & Exclusives
The Role Of Digital Payouts In Mitigating The Insurance Industry’s Business Continuity Risks

June 24, 2020
The insurance industry is all about risk mitigation, and not only when it comes to underwriting policies. Averse to the risk of change, the property and casualty (P&C) insurance arena has been resistant to embrace electronic payments when disbursing funds to claimants. Yet when the global pandemic hit, it became clear to the insurance industry […]

How Tokio Marine Fast Tracks Business Insurance Claims Payouts

June 22, 2020
The new coronavirus has led many businesses and consumers to seek out ways they can receive payments more quickly, but for some, this is only the latest development in a...

Quick Reads
AI Solutions for P&C Insurance Industry Drive Growth at CCC

April 30, 2024
The auto insurance claims and collision repair industries are increasingly adopting artificial intelligence (AI)-powered solutions to streamline their operations. Eleven percent year-over-year growth in the first quarter at CCC Intelligent Solutions, a cloud platform for the property and casualty (P&C) insurance industry, was largely driven by customers’ adoptions of its solutions, Chief Financial Officer Brian Herb said Tuesday (April […]

CCC Debuts Website-Building Tool for Collision Repair Shops

October 30, 2023
CCC Intelligent Solutions has unveiled a tool it says lets collision repair shops launch websites. CCC Amplify, announced Monday (Oct. 30) by the property and casualty insurance and repair cloud platform, allows repair...