CCC Information Services Inc. Extends Agreement With Keystone Insurance Company
CHICAGO--Jan. 29, 2001--CCC Information Services Inc., a wholly owned subsidiary of CCC Information Services Group , announced today that the Keystone Insurance Company, a AAA automobile club insurer, has renewed a two-year agreement for CCC's claims solutions. This agreement extends a business relationship between the companies that began over fifteen years ago.
"We are pleased to continue our relationship with CCC," said Ken Anderson, Managing Director of Claims, Keystone Insurance Company. "CCC has consistently delivered on its commitment to our success with technologically superior, best-in-class products and customer service."
The agreement between CCC Information Services and Keystone includes Pathways(R) Appraisal Solution, CCC's automated appraisal tool, which provides state-of-the-art electronic communications and interactive decision support; Total Loss, CCC's valuation service; and ACCESS(R), CCC's appraisal and vehicle repair management service. This combination of CCC's solutions will help Keystone to streamline the repair and claims settlement processes, allowing Keystone to increase efficiencies and improve customer satisfaction.
"We are excited about Keystone's decision to continue this business relationship," said Mary Jo Prigge, President of CCC U.S. "We are committed to helping Keystone drive efficiencies in their claims process, and are pleased to help support the rapid growth of this AAA automobile club."
About CCC
CCC Information Services Inc., a wholly owned subsidiary of CCC Information Services Group , headquartered in Chicago, IL, is the leading supplier of advanced software and communications systems to the automotive claims industry, including information and network services for a wide variety of claims management solutions. Its value-added, technology-based products and services increase efficiency and facilitate communication among more than 14,000 collision repair facilities and 350 insurance companies. For more information about CCC Information Services, visit our Web site at www.cccis.com, contact Susan Jablonski at CCC Information Services Inc., 312-229-2830, or contact Rich Ringer at HLB Communications, 312-649-0371.
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are subject to the safe harbor provisions of those sections and the Private Securities Litigation Reform Act of 1995. Investors are cautioned that any such forward-looking statement, including any statement regarding the intent, belief, plans, or current expectations of the companies or their management, are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those forward-looking statements and that contractual arrangements are complex, may be terminated under appropriate circumstances or revised by mutual agreement. The companies have based these forward-looking statements on information currently available and disclaim any intention or obligation to update or revise any forward-looking statement.