| Business Summary | | CCC
Information
Services
Group
Inc.
is
a
holding
company
that
operates
through
its
wholly
owned
subsidiary,
CCC
Information
Services
Inc.,
which
is
comprised
of
four
business
segments:
CCC
U.S.,
CCC
Consumer
Services,
CCC
International
and
DriveLogic.
It
is
also
comprised
of
shared
service
groups
that
provide
product
development,
management
information,
legal,
finance
and
administration
services.
The
Company
automates
the
process
of
evaluating
and
settling
automobile
physical
damage
claims,
which
allows
its
customers
to
integrate
estimate
information,
labor
time
and
cost
and
various
other
calculations
derived
from
its
databases,
electronic
images,
documents
and
other
related
information
into
organized
electronic
work
files.
The
Company
develops,
markets
and
supplies
a
variety
of
automobile
claims
services
that
enable
customers
in
the
automobile
claims
industry
to
manage
the
automobile
claims
and
vehicle
restoration
process. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CCCG
is
a
supplier
of
automobile
claims
information
and
processing,
claims
management
software
and
communications
services.
For
the
six
months
ended
6/30/01,
revenues
rose
1%
to
$93.5
million.
Net
loss
from
continuing
operations
totalled
$21.3
million
vs.
an
income
of
$21.3
million.
Revenues
reflect
a
strong
performance
from
automotive
customer
base.
Net
loss
reflects
one-time
restructuring
charges
and
the
write
down
of
an
investment
in
software-developer
ChannelPoint
Inc. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Githesh Ramamurthy, 40 Chairman,
Pres, CEO | $584K | $375K | J. Laurence Costin, Jr., 60 Vice
Chairman | 380K | -- | Peter Largen, 39 Pres
and COO - DriveLogic, Inc. | -- | -- | Reid Simpson, 44 Exec.
VP, CFO | 323K | -- | Stanislav Fritz, 39 Exec.
VP, Product Devel. | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|