Ccc Information Services (NASDAQ:CCCG)
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From Jun 2019 to Jun 2024
At the CCC Information Services Group Inc. (Nasdaq:CCCG)
annual stockholders meeting today, shareholders re-elected the
following individuals to one-year terms on the Board of Directors:
John D. Collins, Morgan W. Davis, Michael R. Eisenson, J. Roderick
Heller, III, Thomas L. Kempner, Githesh Ramamurthy, Mark A. Rosen and
Herbert S. Winokur, Jr. Stockholders also ratified the appointment of
PricewaterhouseCoopers LLP as the independent registered public
accounting firm for CCC for 2005.
CCC also announced today several product enhancements to the
company's claim management solutions, which will be available to
customers this summer. These enhancements include:
CCC Autoverse(R) Claim Management version 4.0 - Vehicle repair
statusing functionality has been enhanced with version 4.0 of CCC
Autoverse. Users will now be able to select from 12 status options and
electronically notify insurance carriers of a particular vehicle's
status in the repair process, eliminating time spent placing multiple
phone calls and exchanging voicemail messages. CCC Autoverse version
4.0 is also integrated with CCC's Recycled Parts Service (RPS). By
integrating CCC Autoverse with RPS, users can now review the
availability, selection and use of recycled parts for individual
estimates. Another new enhancement is a Claim History page that
combines existing event log and notes functionality, giving users the
ability to better track claim activity and history.
CCC Accumark(TM) Reinspection version 1.1 - With CCC Accumark
Reinspection version 1.1, users can now customize their workstations
to create multiple views of their workload, making it easier to
identify and prioritize specific claims for reinspection, as well as
enable reinspection supervisors to reassign work among available
resources. Additionally, users now have two reinspection reporting
options: (1) viewing a comprehensive report of a reinspection and (2)
accessing an abbreviated and streamlined report, which includes only
those line items where changes were made.
CCC Intellisphere(R) Insurance Reporting - CCC Intellisphere,
formerly Claimscope(TM) Navigator, is CCC's next-generation reporting
tool. Designed with a more intuitive user interface, CCC Intellisphere
Insurance Reporting offers multiple and customizable views into
management and performance data, making it easier for insurers to
search for and access information. The new user interface also
streamlines the creation of ad hoc reports so users can spend more
time analyzing the data instead of accessing it. Additionally, users
of CCC Intellisphere can now automatically and electronically 'push'
their reports to multiple recipients, eliminating the need to manually
create and send reports to interested parties. CCC Intellisphere
integrates with collision estimating, vehicle valuation and audit and
reinspection data, providing users with a comprehensive view of each
claim.
"The common theme among these enhancements is process improvement
and integration. Adoption of current versions of these solutions has
yielded many positive results for our customers," said Ramamurthy,
adding that CCC already has more than 30 insurance customers online
with its integrated solution. "Deeper integration can further
streamline our customer's workflow and increase the efficiency of
their claims handling and management processes."
About CCC
Now in its 25th year, CCC Information Services Inc., a subsidiary
of CCC Information Services Group Inc. headquartered in Chicago, is a
leading supplier of advanced software, communications systems,
Internet and wireless-enabled technology solutions to the
automotive-claims and collision-repair industries. Its
technology-based products and services optimize efficiency throughout
the entire claims management supply chain and facilitate communication
among approximately 21,000 collision-repair facilities, 350 insurance
companies, and a range of industry participants. For more information
about CCC Information Services Inc., visit our web site at
www.cccis.com or contact Michelle Hellyar of CCC at 312-229-2830 or
John Harris of CCC at 312-229-2693.