their public for we We're have the under Dragoneer thanks merger and the joining CCCS. the look us and process, of like to completed business Dragoneer, I'd support their ticker to returning our excited as largest you during continued one incredible for our Brian, thank to of forward with shareholders. combination to Thanks, markets to CCC recently all today. partnership
world's most able position we validation this term. Being of for was journey and to an market differentiated partner on business the firms investment long one the manage successful the of important how with our
CCC. important I'd for traded also publicly our without at business everyone milestone to is not have possible an a that company Becoming every the of and work thank CCC-er. single would like been dedication hard
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I'd like few to highlights key reviewing a quarter. second some of spend the from minutes the
First, strong by with I'll existing our customer key during discussing cross-selling start quarter momentum, continued the with solutions quarter, the to additional and wins of some growth drivers customers. second a
customers, auto growth comes solutions discussed economy insurance recent months. new we've reflects of most improved past, COVID engagement from value track across strong the drive saw and We As existing the patterns ecosystem. which proven restrictions buying customer our from in our the innovating reopened that of our record increased as in
are pre-COVID approaching lives. come embracing our a From their customers, efficiencies, to many a customer aspects had CCC claim all segments. digital of with we expect our faster business quarter in different activity of with operating insurance provide increasingly strong the cloud's in ability levels of customers support perspective, new while quality greater to modern, a drive processing their they've experience and We
in of of of Adoption via for COVID, increasing areas. is XX% and remain cloud CCC in to all mobile. the than key our mobile. done opportunity This of many and claims solutions we were these customers, claims A indication good see of our XX% an compares the the mobile being of XXXX. a more insurance adoption priorities settled of percentage AI mobile long on Since via of onset runway
growing as their expect and insurers this national digital expand keep larger introduce will number initiatives. We
with downstream policyholders. signed claim and as aspects that insurers to of the the set process vehicle further automate total process, new had the well. Total Our greater deployment unable streamlines driving repaired, loss deals resolution Total is a total solution, their Loss when solution efficiency XX for expanded strong to top be Loss loss which We X operational claims a quarter faster
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the I'll in highlight in of And growth moment, will as drive We work foreseeable future. additional to we have current ability the for new attractive set future. hard exciting avenues a at growth the with that are for provide innovation the solutions delivering
second The in success I'd to of is like emerging parts auto the highlight area economy our ecosystem.
is As months, market, digital innovation Whether we the it transportation recent of to continues reaching the tremendous this innovation or investors ecosystem across complexity is there happening a modes discussed industry. with the of increase. new of in part new
to on and see other a early great opportunity success the our operations. to with parts wins rideshare platform and in an our update these to also I'd insurance provide start-ups like recent market, We expand areas. like highlight demonstrate expansion of X parts and the tech-driven rental fast-moving, of large innovative in
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with Buckle across by opportunities growth new transportation industry. work are is the being of Our created the another example innovation that
be with inspection to offering, vehicle sets. an able its process repair rental its win agreement additional signed to world's for usage solution one recently This that deploying initial companies an CCC the core customer global By estimating to we streamline the this opportunities is exciting for this has workflow more of expand of and fleet. Next, our solution. largest will
growth, record including parts a where Parts is orders for in an seeing second the area we're quarter. impressive
growth a of XX% are up still CCC's rollout and in relatively the new expand realized parts the through platform. directly demonstration parts of facilities was transacting early the order value repair is to which nearly an solution, significant what's CCC in boundaries but and We year-over-year, push play believe will good the our indispensable continues the from platform We entrants of suppliers the market as role volume, possible.
innovation. new opportunities being product area like that are constantly our to ourselves on company, of value and identifying can an update provide We is increase an third the pride platform. The we on I'd innovation-led
announcement recent repair their be feature collision CCC to industry. develop of biggest great which to CCC that Estimating-IQ, leading of example the ONE look platform on facing estimating is of customers the address ONE, this the the for Our some businesses. A the CCC latest available will challenges solutions
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utilizing are the repairers to photos operations repair labor machine need facilities utilize learning and that with of platform real-time million configurations they is reduce on times. parts technology vehicle written have to This prepopulate data critical than based manage estimates increased technology vehicle to facilities more We and collision will provide that XXX and to the enable damage of the complexity cycle the repair our on estimates of repair facility.
but received than announced deep enterprise We and payments payments leverages long-term that our succeed. most one on the The putting early our We're of to payment than our enable opportunity stages are a us in to Payments feedback customer more and area. announcing in opportunities, across also getting the XX,XXX processor we with near significant significant awareness have pipeline. commerce future. companies believe still approach solid validates payment across May $XXX feedback developing our positive in more since CCC's growth the of of recently platform. this in early We're track we represent launch integrate to integrations the market our billion existing further help customer platform on platform, in we position
will product executive Officer. full prior completed be He in groups. John efforts. John developing our team. SaaS the We to product To help of our year joined and in applications experience CCC recently last transition, Product technology companies. has John multibillion-dollar R&D, Officer, head to promoting important our realize at lead our Govil, development Chief as senior scaling continue ambition, to leadership extensive Goodson we invest that, Technology Chief of our Shivani software global new positions Together extent with an and served development
growth. our also We of across hiring our energy sustainable our product great ability the product will our by groups. talents We drive quickly. our to and significant been organizations help within excited development will benefit I'm team, talent have velocity product it believe that but customers management product and new believe the increase innovate from that also and
provide frequency. to like a quick I'd claims update Finally, on
As expected, during claim remains frequency restrictions continued levels. as second though the travel quarter pre-pandemic increase eased, it to below
second in results second the particularly saw year last benefited pronounced from volumes. transaction Our quarter COVID-related as a quarter compare, the most of drop easy
As year. transaction year, dynamic X out growth to recovery the related for this full of points plays we expect the only over X to
see claim to is additional half hard we the the pre-COVID pace get the of expect in closer but We to increases as year in frequency levels, second to anticipate.
on of not frequency color the the we a quarterly it's events given past As extraordinary provide conditions months. normalize, XX think we but basis, important will context on claim
been historically, of XX% to business As transactions. stable very than our has frequency less tied a reminder, is claims and
the up quarter. Brian, from turn I key call the wrap the wanted I to over by Before takeaways to reinforcing
quarter, have importance of we strong our market growth by we the future customers' critical and the success. to First, the during to digitization delivered continuous revenue brought driven innovation
business deliver and full This as we in XX% growth favorably and and adjusted the February, underlying for our Brian strong approximately in to the we on targets Second, the raising over announcement, outlined EBITDA of revenue the our reflects time our detail, margins to XX%. will year, track in are more business. at momentum are guidance review compares combination
exciting growth engine that our continues opportunities deliver for and additional new deliver solutions CCC. Third, customers will to provide innovation new to value
traded growth profitability and a compelling unique financial to companies. and combination compares publicly We that view of profile favorably as most our
half on of beyond, the operational delivering and execution As to financial results. the we year strong look focused and we remain second and consistently
shareholders in We ability going our for are to and objectives our our forward. hit long-term generate confident significant value
Now your to to the like over happy questions. to I after which be call turn would take we'll Brian,
