CCC Intelligent Solutions Holdings Inc. added to Russell 1000 Defensive Index.

Monday, Jun 30, 2025 10:50 am ET1min read

CCC Intelligent Solutions Holdings Inc. (NasdaqGS:CCCS) has been added to the Russell 1000 Defensive Index. The company provides a cloud-based SaaS platform for the property and casualty insurance economy, connecting trading partners and facilitating commerce through AI-enabled digital workflows. Its solutions include CCC Insurance Solutions, CCC Repair Solutions, and CCC International Solutions.

CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), a leading provider of cloud-based software as a service (SaaS) solutions for the property and casualty insurance economy, has been added to the Russell 1000 Defensive Index. The company's inclusion in this prestigious index reflects its strong performance and stability in the market.

CCC Intelligent Solutions operates as a SaaS company, offering a range of solutions that connect trading partners, facilitate commerce, and support mission-critical, AI-enabled digital workflows across the insurance ecosystem. Its solutions include CCC Insurance Solutions, CCC Repair Solutions, and CCC International Solutions, designed to streamline operations for insurers, repairers, automakers, parts suppliers, lenders, and others.

The company's cloud-based platform supports mission-critical processes, including claims management, estimating, and subrogation. CCC Intelligent Solutions was founded in 1980 and is headquartered in Chicago, Illinois, with a workforce of approximately 2,310 full-time employees.

The addition to the Russell 1000 Defensive Index is a significant milestone for CCC Intelligent Solutions. The Russell 1000 Defensive Index is designed to track the performance of large-cap, dividend-paying stocks that are considered defensive in nature, offering stability and lower volatility compared to the broader market. CCC Intelligent Solutions' inclusion in this index underscores its strong fundamentals and resilience in the face of market fluctuations.

As of June 19, 2025, CCC Intelligent Solutions' stock price has shown resilience despite challenges in the auto-claims processing industry. The company has reported consistent revenue growth and a strong cash position, with $130.9 million in cash, equivalents, and trading asset securities at the end of the quarter. However, it has faced challenges with operating margins and expenses, with operating income going negative in the most recent quarter.

Looking ahead, CCC Intelligent Solutions will continue to focus on its core growth areas and explore opportunities for strategic acquisitions and organic growth. The company's management has guided its core growth rate to be at the lower end of 7%–10%, indicating a cautious approach to revenue growth in the near term.

In conclusion, CCC Intelligent Solutions' addition to the Russell 1000 Defensive Index is a testament to its strong performance and stability in the market. Despite challenges in the auto-claims processing industry, the company's cloud-based SaaS platform and diverse range of solutions position it well for continued growth and success.

References:
[1] https://finance.yahoo.com/quote/GVUS/
[2] https://seekingalpha.com/article/4797968-ccc-intelligent-solutions-declining-transaction-volumes-higher-expenses
[3] https://finance.yahoo.com/quote/CCCS/

CCC Intelligent Solutions Holdings Inc. added to Russell 1000 Defensive Index.

Comments



Add a public comment...
No comments

No comments yet