CCC Information Services Group helps smooth the dents in world of auto claims processing. The company's software and services help insurance agencies, independent appraisers, and collision repair shops process auto claims. CCC's offerings include applications for estimating collision and repair cost and its Valuescope claim settlement services application for estimating the worth of totaled vehicles. Its claims management software is linked to about 21,000 auto body collision repair shops and 350 insurance companies. CCC Information Services was founded in 1980. Former parent Investcorp sold it to Leonard Green & Partners in 2013.
Change of Company Type
In early 2013 CCC Information Services was sold by Investcorp, its former parent, to investment firm Leonard Green & Partners.
CCC Information Services is headquartered at Chicago and has additional offices in Cerritos, California; Chicago and Itasca, Illinois; Sioux Falls, South Dakota; and San Antonio.
The company augmented its software offerings in late 2012 with the purchase of Injury Sciences LLC, a provider of analytic tools that help to identify fraudulent and exaggerated insurance claims associated with automobile accidents. The deal fortified the company's position for providing predictive analytics.
CCC Information Services was founded in 1980.