Full-Time
Networked auto claims data platform
$106.3k - $165k/yr
Chicago, IL, USA
Remote
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CCC Intelligent Solutions provides AI-powered software and digital workflows that connect auto insurers with collision repair shops. Its platform builds a standardized database of vehicle parts and labor information to automate and streamline collision-damage estimates and the broader claims process. The product works by linking insurers and repair shops through a shared data network; it uses that data to generate accurate, consistent estimates and guide the end-to-end claims and repair workflow, from initial assessment to payment. The company differentiates itself through its large, data-rich network—more users make the platform more valuable for everyone involved—creating a strong network effect and infrastructure that powers the auto claims ecosystem. Its goal is to redefine the auto claims experience by expanding AI-driven, digital workflows across the industry, making claims faster, more accurate, and easier for both insurers and repair shops.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Chicago, Illinois
Founded
1980
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Flexible Work Hours
Paid Sick Leave
Phone/Internet Stipend
401(k) Company Match
Paid Vacation
Annual Incentive Plan Performance Bonus
Health Insurance
Adoption Assistance
Tuition Reimbursement
Wellness Program
Stock Options
CCC Intelligent Solutions Holdings Inc. reported second quarter 2026 revenue of $285.9 million, a 10% increase from $260.5 million in the same period last year. The insurance technology company achieved an adjusted EBITDA margin of approximately 40%. Chairman and CEO Githesh Ramamurthy highlighted growing customer adoption of AI across the company's platform. He noted that customers are deploying AI operationally to address business challenges, reinforcing the value of CCC's data and workflow capabilities. GAAP net income reached $20.8 million, up from $13.0 million year-over-year. Adjusted EBITDA grew 6.8% to $115.5 million from $108.1 million in Q2 2025. The company maintained a 74% gross margin whilst expanding its role connecting participants across the insurance economy.
Activist investor Elliott Investment Management has built a significant stake in CCC Intelligent Solutions Holdings, according to a Bloomberg report... Read More
Elliott Investment Management has acquired a significant stake in CCC Intelligent Solutions Holdings Inc., a car insurance software provider currently exploring a potential sale. The hedge fund's investment comes as CCC, which provides software solutions for the automotive insurance industry, considers strategic options. The company has been working with advisers on a possible sale process. CCC specialises in software that helps insurance companies process claims and manage vehicle repairs. The firm went public in 2021 and provides technology used by insurers, collision repair facilities, and automotive manufacturers. Elliott's stake-building suggests the activist investor may seek to influence the company's strategic direction. The hedge fund is known for taking positions in technology companies and pushing for operational improvements or sales.
Alfreton Capital LLP increased its position in CCC Intelligent Solutions by 1,978,074 shares, worth an estimated $12.96 million, according to a SEC filing dated 14 May 2026. The position now accounts for 20.99% of Alfreton's 13F assets under management as of 31 March 2026. CCC Intelligent Solutions, a SaaS platform provider for the property and casualty insurance sector, has seen its shares fall 53.4% over the past year to $4.22, underperforming the S&P 500 by nearly 80 percentage points. The company reported $1.09 billion in trailing twelve-month revenue and $34.53 million in net income. Alfreton may be capitalising on selling pressure from major shareholder Advent International, despite CCC's consistent performance beating analyst expectations.
CCC Intelligent Solutions reported first quarter 2026 revenue of $281 million, up 12% year-over-year and above guidance. Adjusted EBITDA reached $120 million, exceeding expectations, with margins expanding approximately 300 basis points to 43%. The company's strong performance was driven by continued customer demand and adoption. CEO Githesh Ramamurthy highlighted that momentum continues more than a year after the EvolutionIQ acquisition. CCC, which provides technology solutions for the property and casualty insurance industry, attributed the results to sustained growth across its combined business operations.