CCC Intelligent Solutions Joins AI Governance Alliance to Advance Responsible AI Across the P&C Insurance Industry

By: CCC Intelligent Solutions Inc. via Business Wire

May 08, 2025 at 08:00 AM EDT

Participation in World Economic Forum Initiative Reflects CCC’s Commitment to Shaping the Future of AI in Auto Insurance and Collision Repair

CCC Intelligent Solutions Inc. (CCC), a leading cloud platform provider powering the P&C insurance economy, announces today that it has joined the AI Governance Alliance (AIGA), a global multi-stakeholder initiative led by the World Economic Forum (WEF). The AIGA brings together more than 600 members from 500 organizations — uniting leaders from industry, academia, government and civil society to promote the responsible development and deployment of AI that drives industry and economic growth.

A pioneer in the development of AI purpose-built for the P&C insurance economy, CCC will contribute its industry perspective to help shape the frameworks, policies and technical standards guiding AI’s evolution across sectors. This engagement also provides CCC with access to global insights that can help strengthen the value it provides to customers seeking to accelerate their AI journeys.

“Our customers are embracing AI-enabled innovation to modernize operations and better serve their own customers,” said John Goodson, chief product and technology officer of CCC. “Joining the AI Governance Alliance is a strategic investment in their journey, helping our customers apply AI more effectively as they prepare their organizations for what’s next. It also supports our broader vision of shaping a world where life just works for our customers and theirs.”

The AIGA was launched in 2023 following the Responsible AI Leadership Summit. It promotes the advancement of AI systems that are transparent, accountable and aligned with human and societal values. Its primary workstreams focus on responsibly integrating AI across industries, shaping robust regulatory approaches through resilient governance, driving national competitiveness and advancing technical standards to support the responsible scaling and use of advanced AI systems.

For more than a decade, CCC has been leading the development and deployment of AI solutions that help predict vehicle damage and costs, convert damage photos into line-by-line estimates, generate subrogation demands, identify potential injuries, automate total loss predictions and deliver data earlier in the claims and repair process. In 2024, CCC introduced the CCC Intelligent Experience (IX) Cloud™ with event-driven architecture that overlays onto CCC's existing cloud applications, customer workflows and customer and partner systems. The CCC IX Cloud infuses the latest AI into workflows and provides insights into business events to help insurers, repairers, OEMs and other industry partners do their best work when others need them most.

“As we continue to evolve our platform, AI plays an increasingly central role in how we help customers drive better outcomes at scale,” said Goodson. “Participating in the Alliance allows us to align that innovation with best practices, while staying focused on the industries we know best.”

Participation in the AI Governance Alliance reinforces CCC’s role as a trusted partner to insurers and repairers navigating AI transformation — ensuring innovation is not only accelerated but thoughtfully applied in ways that deliver real value across the industry.

Visit cccis.com/ai to learn more about the company's AI-enabled solutions.

About CCC

CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), is a leading cloud platform provider for the multi-trillion-dollar P&C insurance economy, creating intelligent experiences for insurers, repairers, automakers, part suppliers, and more. The CCC Intelligent Experience (IX) Cloud™ platform, powered by proven AI and an innovative event-based architecture, connects more than 35,000 businesses to power customized applications and platforms for optimal outcomes and personalized experiences that just work. Through purposeful innovation and the strength of its connections, CCC technologies empower the people and industry relied upon to keep 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 solutions. 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 CCC’s filings with the Securities and Exchange Commission (“SEC”), including the Form 10-K filed February 25, 2025, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250508774287/en/

Contacts

CCC Media Contact:

Laura Weber

lweber@cccis.com

773.960.7144

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CCC Intelligent Solutions Joins AI Governance Alliance to Advance Responsible AI Across the P&C Insurance Industry

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