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CCC Intelligent Solutions Holdings ( (CCCS) ) has issued an announcement.
CCC Intelligent Solutions Inc. has completed the acquisition of EvolutionIQ, a leader in AI-powered disability and injury claims management. This acquisition expands CCC’s market reach into disability and workers’ compensation while enhancing its AI-powered SaaS platform with new capabilities such as Medical Summarization and Next Best Action, aimed at revolutionizing insurance claims resolution.
More about CCC Intelligent Solutions Holdings
CCC Intelligent Solutions Inc., a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), is a leading cloud platform provider for the multi-trillion-dollar property and casualty (P&C) insurance economy. The company offers intelligent experiences for insurers, repairers, automakers, and part suppliers through its AI-driven CCC Intelligent Experience (IX) Cloud platform, connecting over 35,000 businesses to deliver customized applications and platforms.
YTD Price Performance: -1.64%
Average Trading Volume: 3,073,548
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $7.14B
Find detailed analytics on CCCS stock on TipRanks’ Stock Analysis page.
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