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...
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 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...
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...
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 […]
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...
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 […]
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...