Assurance America Extends Relationship with CCC to Include First-Party Casualty
21 Octubre 2022 - 8:00AM
Business Wire
Expanded relationship enables Assurance America
to connect APD claims data and insights to casualty claims
processing for better outcomes
CCC Intelligent Solutions (CCC), a leading SaaS platform
powering the P&C insurance economy, today announced Assurance
America (Assurance) will extend the use of CCC technology to
include its first-party casualty solution. Now Assurance can manage
auto physical damage (APD) and first- and third-party casualty
claims through a single digital workflow, powered by CCC.
The CCC First-Party Casualty solution digitizes bill intake,
review, and reimbursement recommendations. Uniquely, it leverages
accident data and insights to help insurers digitally review
medical bills for accuracy and appropriateness of charges and
treatments.
“Medical bill reviews are an important yet labor-intensive
process. CCC's first-party casualty offering will help us to
streamline our efforts and focus on claims that require more
attention,” said Tony Smarrelli, senior vice president, Claims,
Assurance America. “As a data-driven company, we seek information
and insights at every turn. By extending our work with CCC across
auto physical damage and casualty claims, we can apply data about
the accident itself to the casualty process, helping us perform
better as a business and create a better insurance experience for
our policyholders.”
CCC Casualty includes both first- and third-party solutions for
insurers. CCC’s First-Party Casualty solution applies a
configurable rules engine to process claims data quickly and
segment payment-ready bills from those that require manual review.
CCC modernizes existing chaotic, paper-burdened systems with a
comprehensive, configurable experience to help insurers make
timely, consistent payments across bill types. Analytics dashboards
provide access to industry trends and benchmarks. CCC’s Third-Party
Casualty solution applies AI and biomechanical analysis to injury
causation and bill review, increasing accuracy and reducing time,
labor and cost associated with the third-party casualty claims
process.
“We are proud to support the Assurance America team as they look
to drive better operational efficiencies and outcomes in their
claims process,” said Scott Janik, senior vice president, Insurance
Services Group, CCC. “More and more our insurance customers are
looking to leverage APD data to inform casualty claims decisions.
We see the digital link between APD and casualty as a meaningful
step in the industry’s move toward more straight-through claims
experiences.”
Learn more about CCC Casualty solutions.
About Assurance America
Founded in 1998, AssuranceAmerica provides property and casualty
insurance to the minimum limits personal automobile segment through
our network of nearly 4,000 Independent Agents. Headquartered in
Atlanta, Georgia, we are more than a unique blend of insurance
assets and are determined to achieve excellence in everything we
do. We direct 5% of our earnings to helping those in need in
support of the communities where we operate.
About CCC
CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC
Intelligent Solutions Holdings Inc. (NYSE: CCCS), is a leading SaaS
platform for the multi-trillion-dollar P&C insurance economy
powering operations for insurers, repairers, automakers, part
suppliers, lenders, and more. CCC cloud technology connects more
than 30,000 businesses digitizing mission-critical workflows,
commerce, and customer experiences. A trusted leader in AI, IoT,
customer experience, network and workflow management, CCC delivers
innovations that keep people’s 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 and casualty solutions. Such
differences may be material. 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 most recently filed Form 10-K by CCC with the
Securities and Exchange Commission (“SEC”) on March 1, 2022, 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.
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CCC Media Contact: Michelle Hellyar mhellyar@cccis.com |
773.791.3675
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