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Product News

CCC Launched Industry’s Only Integrated Estimating Solution CCC Pathways® Estimating Solution version 4.2 at NACE
Running a collision repair facility got much easier following NACE. With the introduction of CCC Pathways Estimating Solution version 4.2 at the industry’s largest tradeshow, repairers now no longer need multiple software products to write an estimate, conduct a self-audit and manage their business.

Version 4.2 of CCC Pathways Estimating utilizes many of CCC’s market-proven applications, including shop management functionality and CCC Accumark™, the company’s next generation audit and reinspection product suite. By leveraging these solutions and integrating them into CCC Pathways, users are getting single-point access to industry-tested and adopted solutions. Version 4.2 also incorporates Chief® vehicle specification data, providing users with access to comprehensive vehicle specification and measurement information. For more information on CCC Pathways 4.2 please call 800.523.8924.

CCC Launched Pilot Program for CCC Subrogate™ Auto Solution to Help the Efficient Exchange of Information Among Insurance Carriers
Subrogation, which accounts for 3.5 million automotive claims each year, remains a cumbersome and timely manual process. To begin combating inefficiencies, CCC introduced a pilot program for its electronic subrogation product, CCC Subrogate Auto Solution in October.

The pilot program will enable two national insurance
companies—which represent 21 percent of the industry's
automotive claims volume - to create, send and respond to one another's subrogation demands using CCC's Web-based solution. Once the pilot is complete, CCC will make CCC Subrogate Auto Solution available to the industry to assist insurers in similar functions, as well as tracking, reporting, and managing the overall workflow of their subrogation claims. For more information on CCC Subrogate Auto Solution please call 3122.229.2625.
   
    People
   
    John D. Collins Joins CCC Board of Directors
In October, CCC named John D. Collins to its board of directors and to serve on the Board's Audit Committee. Collins fills a vacancy created when CCC recently increased the size of the board of directors from seven to eight members.

Collins, 66, brings 44 years of auditing experience to CCC, with more than forty of those years in the employ of KPMG, LLP (formerly Peat Marwick Mitchell & Co.). Most recently Collins held the position of senior audit partner at KPMG's New York office. At present he is a member of the board of trustees and chairman of the finance committee at LeMoyne College in Syracuse, New York.

CCC Information Services Group, Inc. names Andrew Balbirer Chief Financial Officer
CCC named Andrew G. Balbirer to serve as executive vice president and chief financial officer, effective January 31, 2005. Balbirer succeeds David L. Harbert, the company's interim chief financial officer.

Balbirer, with more than 20 years of senior leadership experience in the consumer packaged goods and marketing services industries, most recently served as chief financial officer of Information Resources, Incorporated, a provider of content and analytic services to consumer packaged goods manufacturers and retailers.
   
    Recognitions
   
    Githesh Ramamurthy Recognized as Leader in Technology by KPMG LLP
Githesh Ramamurthy, Chairman and CEO of CCC was a 2004 recipient of KPMG LLP's prestigious Illinois High Tech Award. Ramamurthy received recognition from the Big Four audit, tax and advisory firm for helping to lead CCC's innovative application of technology.

The 2004 Illinois High Tech Awards finalists were selected because of their outstanding demonstration of achievement along with measurable business results. Factors that were considered with respect to each nominee included: risk, innovation, growth, competition, profitability and employment.

Fred Loya Insurance Signs Contract with CCC
Leading Texas automotive insurance carrier Fred Loya Insurance has completed implementation of CCC Autoverse® Claim Management. Loya chose the Web-based solution from CCC Information Services Inc. for its ease of use and integration with two other CCC products it has been using—CCC Pathways® Appraisal Solution and CCC Valuescope® Claim Services.

Accessible through more than 140 Texas locations and growing, El Paso-based Fred Loya Insurance selected CCC Autoverse—in combination with CCC's estimating and total loss products—to create a single-platform solution. By using one integrated offering from CCC, the carrier can now address multiple steps in the automotive claims process, from first notification and dispatch to repair and total loss settlement. This has enabled them to achieve efficiencies in their workflow not realized previously.

   
    Keep an Eye Out for 2004 Crash Course
   
    The 2004 version of CCC Information Services' report, Crash Course, an annual report on factors driving auto collision repair and total loss costs, will soon be available. Authored by Susanna Gotsch, the report is based on analysis of information derived from CCC's data warehouse.

It's these numbers that give CCC a unique vantage point on the state
of the automotive claims industry.

For example:

  • More than 1.5 million claims-related transactions every day
  • 350 insurance companies
  • 21,000 repair facilities
  • More than 40 million claims-worth of data.

To find out more about the 2004 Crash Course, visit www.cccis.com.