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CCC Intelligent Solutions history
CCC Intelligent Solutions company history timeline
Founded in 1980, CCC is a technology leader pioneering solutions that power insurers, automotive manufacturers, collision repairers, parts suppliers, lenders, fleet operators and more through our advanced cloud-based SaaS platform of digital and data services.
Because the system, which was introduced in 1983, could be updated every few days and reflected the actual prices car dealers asked for used cars, insurance companies began to adopt the service.
In late 1983, Tullman took CCC public, raising $5 million to expand the business.
Tullman, who had other entrepreneurial interests, attempted to sell the company in 1986.
Despite his ambitious plans for CCC, in the summer of 1987 Tullman again attempted to sell the company, this time to Fort Lauderdale-based SafeCard Services Inc., provider of credit card protection services, in a stock exchange valued at $99 million.
The company introduced EZEst in 1990, the first estimating tool in the auto industry that worked on a personal computer rather than a mainframe.
For the year 1996, the company generated sales of $131 million, resulting in a net profit of $14.8 million.
The next major product launch came in 1998 with the Pathways Image Library.
CCC's adoption of a new economy strategy was ill fated, however, as the Internet bubble burst and the stock market began to plummet in 2000.
As a result of these steps, CCC was able to rebound in 2002, trimming its debt and returning to profitability, netting $22.7 million on sales of $191.9 million.
In 2003, CCC increased its repair shop customer base by acquiring Columbus, Ohio-based Comp-Est Estimating Solutions Inc. from Hearst Corp.
It’s why we’ve experienced 20+ years of consecutive growth and have been recognized as one of the Best Places to Work in 2020 by Built In Chicago, Austin and Los Angeles, and rated one of America’s Best-Mid-Size Employers by Forbes, among other accolades.
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CCC Intelligent Solutions competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Mitchell | 1946 | $300.0M | 1,700 | 19 |
| Delta Health Technologies | 1968 | $20.0M | 125 | - |
| Ingenious Med | 1999 | $100.0M | 750 | 1 |
| Auto Injury Solution | 2001 | $12.0M | 3,000 | - |
| Syapse | 2008 | $28.3M | 217 | - |
| ALLDATA | 1986 | $43.4M | 200 | 5 |
| Ultimate Software | 1990 | $1.0B | 5,144 | 713 |
| Compugroup Medical Ag | - | $410,000 | 6 | 42 |
| DiCentral | 2000 | $30.0M | 368 | - |
| Collabera | 1991 | $600.0M | 16,000 | 2,820 |
CCC Intelligent Solutions history FAQs
Zippia gives an in-depth look into the details of CCC Intelligent Solutions, including salaries, political affiliations, employee data, and more, in order to inform job seekers about CCC Intelligent Solutions. The employee data is based on information from people who have self-reported their past or current employments at CCC Intelligent Solutions. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by CCC Intelligent Solutions. The data presented on this page does not represent the view of CCC Intelligent Solutions and its employees or that of Zippia.
CCC Intelligent Solutions may also be known as or be related to CCC Information Services, CCC Information Services Inc, CCC Information Services Inc., CCC Intelligent Solutions, CCC Intelligent Solutions Inc and Ccc Information Services.