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CCC Intelligent Solutions Hires Tim Welsh to Accelerate Digital Transformation of Insurance and Collision Repair Industries

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CCC Intelligent Solutions (CCCS) has appointed Tim Welsh as President to lead market-facing functions and accelerate digital transformation initiatives. Welsh joins from U.S. Bank, where he led the digital transformation of their $10 billion consumer and small-business banking division.

Welsh brings extensive experience from his 26-year tenure at McKinsey & Company, where he served as Senior Partner and was elected to the firm's Shareholders Council. His background includes significant work with P&C and Life insurers, focusing on strategic and operational performance improvements.

The appointment aligns with CCC's strategy to help customers navigate industry complexity through AI and digital technologies. Welsh will leverage CCC's AI capabilities, network, and CCC IX Cloud™ platform to support customers ranging from independent repair facilities to large carriers. He will assume his role on March 24.

CCC Intelligent Solutions (CCCS) ha nominato Tim Welsh come Presidente per guidare le funzioni orientate al mercato e accelerare le iniziative di trasformazione digitale. Welsh proviene da U.S. Bank, dove ha guidato la trasformazione digitale della loro divisione bancaria per consumatori e piccole imprese da 10 miliardi di dollari.

Welsh porta con sé una vasta esperienza maturata in 26 anni di carriera presso McKinsey & Company, dove ha ricoperto il ruolo di Partner Senior ed è stato eletto nel Consiglio degli Azionisti dell'azienda. La sua esperienza include lavori significativi con compagnie assicurative P&C e Vita, concentrandosi su miglioramenti delle prestazioni strategiche e operative.

La nomina è in linea con la strategia di CCC di aiutare i clienti a orientarsi nella complessità del settore attraverso AI e tecnologie digitali. Welsh sfrutterà le capacità di AI di CCC, la rete e la piattaforma CCC IX Cloud™ per supportare clienti che spaziano da strutture di riparazione indipendenti a grandi compagnie assicurative. Assumerà il suo ruolo il 24 marzo.

CCC Intelligent Solutions (CCCS) ha nombrado a Tim Welsh como Presidente para liderar las funciones orientadas al mercado y acelerar las iniciativas de transformación digital. Welsh se une desde U.S. Bank, donde lideró la transformación digital de su división bancaria para consumidores y pequeñas empresas de 10 mil millones de dólares.

Welsh aporta una amplia experiencia de sus 26 años en McKinsey & Company, donde se desempeñó como Socio Senior y fue elegido para el Consejo de Accionistas de la firma. Su trayectoria incluye un trabajo significativo con aseguradoras de P&C y Vida, centrándose en mejoras de rendimiento estratégico y operativo.

El nombramiento está alineado con la estrategia de CCC para ayudar a los clientes a navegar la complejidad de la industria a través de IA y tecnologías digitales. Welsh aprovechará las capacidades de IA de CCC, su red y la plataforma CCC IX Cloud™ para apoyar a clientes que van desde instalaciones de reparación independientes hasta grandes aseguradoras. Asumirá su cargo el 24 de marzo.

CCC Intelligent Solutions (CCCS)는 Tim Welsh를 사장으로 임명하여 시장 지향 기능을 이끌고 디지털 혁신 이니셔티브를 가속화합니다. Welsh는 100억 달러 규모의 소비자 및 소기업 은행 부문의 디지털 혁신을 이끌었던 U.S. Bank에서 합류했습니다.

Welsh는 McKinsey & Company에서 26년간의 경력을 통해 쌓은 방대한 경험을 가지고 있으며, 그곳에서 수석 파트너로 재직하며 회사의 주주 위원회에 선출되었습니다. 그의 경력에는 P&C 및 생명 보험사와의 중요한 작업이 포함되어 있으며, 전략적 및 운영 성과 개선에 중점을 두었습니다.

이번 임명은 CCC의 전략과 일치하며, 고객이 AI 및 디지털 기술을 통해 산업의 복잡성을 탐색하도록 돕습니다. Welsh는 CCC의 AI 기능, 네트워크 및 CCC IX Cloud™ 플랫폼을 활용하여 독립 수리 시설에서 대형 운송업체에 이르기까지 다양한 고객을 지원할 것입니다. 그는 3월 24일에 역할을 맡게 됩니다.

CCC Intelligent Solutions (CCCS) a nommé Tim Welsh au poste de Président pour diriger les fonctions orientées marché et accélérer les initiatives de transformation numérique. Welsh rejoint U.S. Bank, où il a dirigé la transformation numérique de leur division bancaire pour les consommateurs et les petites entreprises de 10 milliards de dollars.

Welsh apporte une vaste expérience de ses 26 années chez McKinsey & Company, où il a été associé senior et élu au Conseil des actionnaires de la société. Son parcours comprend un travail significatif avec des assureurs P&C et Vie, se concentrant sur l'amélioration des performances stratégiques et opérationnelles.

La nomination s'inscrit dans la stratégie de CCC d'aider les clients à naviguer dans la complexité de l'industrie grâce à l'IA et aux technologies numériques. Welsh tirera parti des capacités d'IA de CCC, de son réseau et de la plateforme CCC IX Cloud™ pour soutenir des clients allant des ateliers de réparation indépendants aux grands transporteurs. Il assumera son rôle le 24 mars.

CCC Intelligent Solutions (CCCS) hat Tim Welsh zum Präsidenten ernannt, um marktbezogene Funktionen zu leiten und die digitalen Transformationsinitiativen zu beschleunigen. Welsh kommt von der U.S. Bank, wo er die digitale Transformation ihrer 10 Milliarden Dollar schweren Bankabteilung für Verbraucher und kleine Unternehmen leitete.

Welsh bringt umfassende Erfahrung aus seiner 26-jährigen Tätigkeit bei McKinsey & Company mit, wo er als Senior Partner tätig war und in den Aktionärsrat der Firma gewählt wurde. Sein Hintergrund umfasst bedeutende Arbeiten mit P&C- und Lebensversicherern, wobei der Schwerpunkt auf strategischen und operativen Leistungsverbesserungen lag.

Die Ernennung steht im Einklang mit der Strategie von CCC, Kunden dabei zu helfen, die Komplexität der Branche durch KI und digitale Technologien zu navigieren. Welsh wird die KI-Fähigkeiten von CCC, das Netzwerk und die CCC IX Cloud™-Plattform nutzen, um Kunden zu unterstützen, die von unabhängigen Reparaturwerkstätten bis hin zu großen Versicherern reichen. Er wird seine Rolle am 24. März antreten.

Positive
  • Strategic hire with extensive insurance industry expertise
  • Strong digital transformation experience from U.S. Bank's $10B division
  • 26 years of consulting experience with P&C insurers at McKinsey
  • Immediate operational impact expected due to industry knowledge
Negative
  • None.

Welsh Joins CCC as President Following Tenured Careers at McKinsey & Company and U.S. Bank

CHICAGO--(BUSINESS WIRE)-- CCC Intelligent Solutions Inc. (CCC), a leading cloud platform provider to the insurance economy, strengthens its executive team with the appointment of Tim Welsh as President. Welsh will lead all market-facing functions to help customers accelerate their digital transformation journeys. Welsh joins CCC most recently from U.S. Bank, where he helped lead the digital transformation of the $10 billion consumer and small-business banking business. Welsh spent much of his career at McKinsey & Company working with P&C and Life insurers and their broader ecosystems to drive strategic and operational performance.

“As the industry navigates growing complexity, our customers are embracing AI and digital technologies to re-orient their operations to support their next generation of growth,” said Githesh Ramamurthy, chairman and CEO of CCC. “Tim’s extensive expertise across the insurance economy and in digital transformation will help our customers accelerate their journeys with confidence. He comes with a deep working knowledge of the broader industry that will enable him to make an immediate impact on our repair, insurance, and auto manufacturing customers. We’re thrilled to welcome Tim to the CCC team.”

Welsh most recently served as Vice Chair, Consumer and Business Banking, at U.S. Bank. He spent more than 26 years at McKinsey & Company, where he was a Senior Partner and was elected to McKinsey’s Shareholders Council (the firm’s Board of Directors). He also led the firm’s Global Learning and Development effort.

“I am very excited to join CCC and help customers accelerate their digital evolution,” said Welsh. “CCC’s industry-leading AI, expansive network, and CCC IX Cloud™ platform are foundational to these efforts. The team is unmatched in their understanding of how customers from independent repair facilities to the largest carriers can leverage these tools to meet their needs. I’m eager to contribute to CCC’s vision of shaping a world where life just works for our customers and theirs.”

Welsh will join CCC on March 24.

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.

CCC Media Contact: Laura Weber

lweber@cccis.com | 773.960.7144

Source: CCC Intelligent Solutions Inc.

FAQ

When will Tim Welsh start as President at CCC Intelligent Solutions (CCCS)?

Tim Welsh will join CCC Intelligent Solutions as President on March 24.

What is Tim Welsh's role and responsibility at CCCS?

As President, Welsh will lead all market-facing functions to help customers accelerate their digital transformation journeys using CCC's AI and cloud platform solutions.

What was Tim Welsh's previous experience before joining CCCS?

Welsh was Vice Chair of Consumer and Business Banking at U.S. Bank and spent 26 years at McKinsey & Company as Senior Partner, working with P&C and Life insurers.

How will Tim Welsh's appointment impact CCCS's digital transformation strategy?

Welsh's expertise in digital transformation and insurance industry knowledge will help customers leverage CCC's AI, network, and CCC IX Cloud™ platform more effectively.
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