CCC Intelligent Solutions acquires EvolutionIQ, the leading AI Guidance Platform for Disability and Injury Claims Management
Acquiring Company
CCC Intelligent Solutions
Acquired Company
EvolutionIQ
ChicagoNew YorkOtherInformation TechnologyProfessional ServicesFinancial ServicesSoftwareInsuranceInformation TechnologySoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingDescription
CCC Intelligent Solutions Inc. has signed a definitive agreement to acquire EvolutionIQ, Inc., the leading platform for AI-powered guidance for disability and injury claims management. The acquisition expands CCC’s market reach into strategic adjacencies and strengthens its industry leading AI-powered SaaS platform through the addition of transformative AI capabilities that will work to revolutionize how insurance claims are resolved.
Quick answer
CCC Intelligent Solutions is acquiring EvolutionIQ, announced December 20, 2024. CCC Intelligent Solutions is based in Chicago, Illinois, United States.
- How much did CCC Intelligent Solutions pay for EvolutionIQ?
- The deal value was not disclosed.
- What does CCC Intelligent Solutions do?
- CCC Intelligent Solutions Inc. is a leading cloud platform for the multi-trillion-dollar P&C insurance economy, creating intelligent experiences for insurers, repairers, automakers, part suppliers, and more.
- Where are CCC Intelligent Solutions and EvolutionIQ based?
- CCC Intelligent Solutions is based in Chicago, Illinois, United States. EvolutionIQ is based in New York, New York, United States.
- Who are the decision-makers at CCC Intelligent Solutions?
- Fundz holds 1 contact at CCC Intelligent Solutions. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired EvolutionIQ?
EvolutionIQ was acquired by CCC Intelligent Solutions, based in Chicago. The deal was reported on December 20, 2024. CCC Intelligent Solutions Inc. is a leading cloud platform for the multi-trillion-dollar P&C insurance economy, creating intelligent experiences for insurers, repairers, automakers, part suppliers, and more. CCC Intelligent Solutions is publicly traded (CCC) and operates in Other.
When did CCC Intelligent Solutions acquire EvolutionIQ?
CCC Intelligent Solutions's acquisition of EvolutionIQ was reported on December 20, 2024. CCC Intelligent Solutions Inc. has signed a definitive agreement to acquire EvolutionIQ, Inc., the leading platform for AI-powered guidance for disability and injury claims management. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does EvolutionIQ do?
Legal Name of EvolutionIQ is Deepfraud Technologies Inc. EvolutionIQ created the world's first fully AI-driven claims guidance platform for the most sophisticated insurance carriers in the world. It is privately held, operating in Information Technology, and is based in New York.
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