Award Recognizes CCC’s Leadership in Promoting CIECA Data Standards and Advancing Secure Exchange of Information Across Collision Repair Industry

CHICAGO: CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today that it has been recognized as the Electronic Commerce Company of the Year by the Collision Industry Electronic Commerce Association (CIECA). This award highlights CCC’s leadership in promoting the adoption of CIECA data standards and its role in advancing the secure exchange of information across the collision repair ecosystem.

“CCC has been a longtime CIECA member and a strong supporter of standards in the industry,” said Paul Barry, CIECA’s executive director. “CCC’s commitment to CIECA and their help in attracting new members has been a critical part of CIECA’s success.”

As a founding member of CIECA, CCC has played a key role in advancing industry standards that enable secure, efficient data exchange and drive interoperability across the collision repair ecosystem. The company’s CCC Secure Share™ network is a leading example of how the CIECA Business Message Suite (BMS) standard can work to enable repairers to securely share data with third-party applications. The BMS standard protects sensitive data while giving repairers control over the information they share, improving communication between insurers, repairers and other industry stakeholders. Secure Share has more than 60 companies leveraging the network to securely exchange information with industry partners.

“At 3M, we focus on working seamlessly and securely with collision repairers," said Global Digital Solutions Leader Nic Echeverri at 3M. "CCC's use of the CIECA BMS standard allows repairers to share only the necessary information with third parties securely, giving them control and protecting sensitive data. This efficient and secure data exchange reduces manual data entry, promotes transparency, and helps us provide the right products and support, reinforcing our commitment to excellence in the collision repair industry.”

The CCC Secure Share network is a cloud-based application program interface (API) that enables collision repairers using CCC ONE® Estimating to securely share data with third-party applications. By leveraging the CIECA BMS standard, Secure Share allows only the necessary and relevant data to be shared, protecting sensitive customer and claim information.

“Being recognized by CIECA underscores CCC's ongoing commitment to advancing secure data exchange and interoperability across the industry,” said Mark Fincher, vice president of product management at CCC and member of CIECA’s board of trustees. “As a technology partner to 35,000 companies, we have a responsibility to bring the ecosystem together, allowing all stakeholders — from repairers to parts suppliers to insurers — to securely and efficiently share information. Secure Share is a testament to the power of collaboration and the continued adoption of CIECA standards. We remain focused on being good stewards of data and driving innovation that benefits everyone in the repair ecosystem.”

To learn more about CCC Secure Share and its role in advancing secure data exchange across the collision repair ecosystem, visit www.cccsecureshare.com.

About CCC

CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), is a leading cloud platform for the multi-trillion-dollar P&C insurance economy, creating intelligent experiences for insurers, repairers, automakers, part suppliers, and more. The CCC Intelligent Experience (IX) Cloud™ platform, powered by proven AI and an innovative event-based architecture, connects more than 35,000 businesses to power customized applications and platforms for optimal outcomes and personalized experiences that just work. Through purposeful innovation and the strength of its connections, CCC technologies empower the people and industry relied upon to keep ​lives moving forward when it matters most. Learn more about CCC at www.cccis.com.

Special Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding future use and performance of CCC’s digital solutions. We cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, competition, including technological advances and new products marketed by competitors; changes to applicable laws and regulations; and other risks and uncertainties, including those included under the header “Risk Factors” in CCC’s filings with the Securities and Exchange Commission (“SEC”), including the Form 10-K filed February 28, 2024, which can be obtained, without charge, at the SEC’s website (www.sec.gov). The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.

Fonte: Business Wire