CCC Offers CCC Pathways® Motorcycle Appraisal Solution; Complete Automated Solution for Motorcycle Estimates
Offering includes complete BMW model coverage
Chicago – June 21, 2007 – CCC Information Services Inc. has begun offering its motorcycle estimating product, an integrated feature of its flagship CCC Pathways® Appraisal Solution. Supported by Urban Publications, Inc., provider of the industry’s most comprehensive database of motorcycle information, CCC Pathways® Motorcycle Estimating provides a complete automated solution in that it is fully integrated with CCC Valuescope®, the company’s valuation product, and CCC Intellisphere®, its management reporting tool. CCC Pathways Motorcycle Estimating includes complete BMW model coverage through 2008.
Recent data reveals that the demand for specialty estimating solutions is on the rise. According to the Motorcycle Industry Council, motorcycle sales recently recorded a 14th consecutive year of sales increases, with more than 1 million two-wheeled vehicles sold in the last year alone. Rising fuel prices are another reason that millions more Americans are purchasing or considering purchasing motorcycles as they are capable of 50 to 70 miles per gallon.
“As the popularity of two-wheeled vehicles grows so does the demand for insurers to handle motorcycle repair estimates and total loss valuations on these vehicles,” said Michael Croxton, senior vice president of Marketing and Product Management, CCC. “By working with Urban Publications, we’ve been able to marry our expertise in estimating with their vast warehouse of motorcycle and ATV data to create a comprehensive solution for insurers looking to automate this process.”
Urban Publications, Inc. assembles original equipment manufacturer data such as part prices, labor times and graphics, to create its database of motorcycle and ATV information. Representing an estimated 95 percent of the industry Urban Publications’ database contains information with cooperation from manufacturers including Honda, Yamaha, Kawasaki, Suzuki, Buell, BMW and Harley-Davidson.
About CCC
CCC Information Services Inc. provides leading automotive claims and repair solutions that drive efficiencies and enable its clients to make smarter decisions in every step of the process. CCC delivers integrated products and deep industry insight to clients through its network of insurers, repair facilities and information providers. CCC’s network includes 350 insurance carriers, in excess of 22,000 repair facilities and information from more than 30 data providers that has resulted in the industry’s most comprehensive data warehouse of claims file information. For more information about CCC Information Services Inc., visit our Web site at www.cccis.com or contact John Harris of CCC at 312-229-2693.