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CCC Intelligent Solutions Holdings Inc. , a leading cloud platform provider for the insurance and automotive industries, announced on July 15, 2025, the appointment of Barak Eilam to its Board of Directors. Eilam, former CEO of NICE Ltd., brings over 20 years of experience in enterprise software, AI, and customer engagement technologies to support CCC’s growth in AI and its CCC IX Cloud™ platform.
Barak Eilam’s appointment strengthens CCC’s focus on scaling AI-driven solutions and the CCC IX Cloud™ ecosystem. “We are excited to welcome Barak to our Board as an independent director,” said Githesh Ramamurthy, Chairman and CEO of CCC. “His experience scaling and driving customer-centric innovation will be a terrific addition to our ability to serve clients and help fuel our next phase of growth.” Eilam’s tenure at NICE saw the company grow into a global leader in AI-powered customer experiences, serving over 25,000 organizations across 150 countries.
“It’s an honor to join CCC’s Board at such a dynamic time,” said Eilam. “CCC’s laser focus on delivering value to its customers—reflected in its high customer satisfaction and retention—is truly impressive.” His track record includes achieving nearly threefold revenue growth and a sevenfold increase in market capitalization at NICE, positioning him to guide CCC’s expansion in the $4 trillion P&C insurance economy. Eilam was granted 22,013 Restricted Stock Units (RSUs) on July 11, 2025, with a one-year vesting period, reflecting standard board compensation.
CCC’s stock closed at $9.80 on July 15, 2025, with a market cap of $6.39 billion, up from $9.61 the previous day. The stock has risen 4.3% over the past month but remains below its 52-week high of $12.88. Q1 2025 results showed stable performance with $0.08 EPS and $251.6 million in revenue, slightly exceeding expectations. Recent partnerships, like with BMW, and the EvolutionIQ acquisition underscore CCC’s AI-driven growth strategy.
Ramamurthy acknowledged outgoing director Chris Egan, who stepped down in March 2025 after joining in 2017 as part of Advent International’s investment. “We are deeply grateful for Chris’s steadfast guidance, leadership, and support,” he said. Eilam’s appointment follows other executive moves, including Tim Welsh as President in February 2025, signaling CCC’s focus on digital transformation.
CCC’s addition of Barak Eilam to its Board positions the company to accelerate AI and cloud innovation, enhancing its platform for insurers, repairers, and automakers. With a robust leadership team and strategic focus, CCC is poised for sustained growth in the insurance and automotive sectors.
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.
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