CCC Wins 2022 IDC FinTech Rankings Real Results Award for CCC Safekeep

CCC Wins 2022 IDC FinTech Rankings Real Results Award for CCC Safekeep

The company was recognized with an Efficiency and Agility Award for its CCC Safekeep AI-powered subrogation platform and its work improving subrogation outcomes for Root Insurance.

CCC Intelligent Solutions, a leading SaaS platform powering the P&C insurance economy, announced it is a winner of the 2022 IDC FinTech Rankings Real Results Award which recognizes tech providers that have enabled a genuine, measurable and future-enabling change at a client financial institution. The company was recognized with an Efficiency and Agility Award for its CCC Safekeep AI-powered subrogation platform and its work improving subrogation outcomes for Root Insurance.

The Real Results Awards are published in conjunction with the most comprehensive vendor ranking in the financial services industry, the annual IDC FinTech Rankings, which ranks companies based on 2021 calendar year revenues attributed to financial institutions. CCC ranks no. 47 of 100 providers of financial technology.

“Congratulations to the CCC team for their work bringing a powerful and differentiated approach to subrogation,” said Mark LeMaster, chief claims and customer services officer for Root. “We think this tech will drive meaningful value to our subrogation recoveries over time.”

Added CCC Safekeep Senior Vice President Jeff To, “CCC is excited to be recognized by IDC for our CCC Safekeep subrogation platform. Our solution has proven to customers like Root that CCC Safekeep can help claims organizations significantly reduce their loss ratios. Through AI and insurer connections we are transforming subrogation identification and recovery.”

CCC Safekeep applies a combination of machine-learning, natural language processing, insurer rules and predictive models to score and prioritize claims for more efficient subrogation management. The Safekeep technology also allows insurers to digitally package documents and automates workflows, removing manual touch points to accelerate and improve subrogation outcomes.

“As the industry gets back its feet after years of disruption, the case studies submitted to this year’s IDC FinTech Rankings Real Results program showed a great return to innovation in every area of the financial services industry,” said Jerry Silva, vice president at IDC Financial Insights. “IDC congratulates the vendors that helped financial organizations get back to the business of innovation.”

For more information about the rankings, click here.

CCC Intelligent Solutions
Fax: 312-229-2659Contact: Lou Kikos

You May Also Like

Snap-on TSS Onsite at SkillsUSA in Atlanta

Snap-on Total Shop Solutions (TSS) products will be on display and included in the competition at the 2024 SkillsUSA National Leadership and Skills Conference June 24-28 at the Georgia World Congress Center in Atlanta. Four award-winning John Bean B2000P Diagnostic Wheel Balancers will be featured in the competition portion of SkillsUSA. The Snap-on booth (no.

Snap-on Total Shop Solutions (TSS) products will be on display and included in the competition at the 2024 SkillsUSA National Leadership and Skills Conference June 24-28 at the Georgia World Congress Center in Atlanta.

Four award-winning John Bean B2000P Diagnostic Wheel Balancers will be featured in the competition portion of SkillsUSA. The Snap-on booth (no. 370), located in Hall B, will showcase a wide array of TSS products, including the John Bean V3300 diagnostic wheel alignment system, the Tru-Point advanced driver-assistance system (ADAS) calibration tool and the B2000P.

NABC to Host Third Golf Fundraising Event of 2024

The NABC Changing and Saving Lives Foundation will host the third golf fundraising event of 2024 Sept. 9 at Boone Valley Golf Club in Augusta, Mo.

Honda Starts Production on 2025 Honda CR-V Fuel Cell EV

The all-new CR-V e:FCEV is the first production hydrogen FCEV in the U.S. to combine an all-new U.S.-made fuel cell system with plug-in EV charging capability.

I-CAR Launches I-CAR Academy New Early Career Tech Program

I-CAR Academy is the first industry-neutral, comprehensive early career program designed specifically to attract, train and retain technicians.

Spanesi Offers Technical Training at U.S. Headquarters

Spanesi is offering training courses from factory-trained individuals at its U.S. headquarters in Naperville, Ill.

Other Posts

SCRS Announces Repairer Driven Education Registration Now Open

RDE is the most comprehensive collision repair education series of the year, delivered live at the SEMA Show and then made available online for the industry.

IIHS Survey: Most Drivers OK with Anti-Speeding Tech in Vehicles

More than 60% of drivers would find it acceptable if their vehicle provided an audible and visual warning when they exceeded the posted speed limit.

TEXA Releases IDC5 CAR 76.6.0 Software Update

Innovation of the TEXA IDC5 software is focused on new vehicle coverage as well as new diagnostic feature functionality.

Crash Champions Expands Idaho Service

Crash Champions has announced the addition of its 11th Idaho location.