Solera Holdings Inc.

• Public
• US

Dow Jones Description

Solera Holdings, Inc. is an integrated group of leading automotive claims solutions companies. Founded in January 2005 by Chairman and Chief Executive Officer Tony Aquila, Solera teamed with private equity firm GTCR Golder Rauner in April 2006 to purchase the Claims Services Group of Automatic Data Processing, Inc. (NYSE: ADP). Since the acquisition, Solera has expanded its geographic reach and now serves more than 55,000 customers in over 50 countries across six continents. In May 2007, Solera closed its initial public offering on the New York Stock Exchange (NYSE: SLH) and six months later, it completed a secondary stock offering. The Solera companies help customers the world over successfully process tens of thousands of claims every day. We're the name behind the valuable network of businesses, leading technologies and powerful data that is relied upon to resolve nearly $20 billion in claims each year. The commanding position of Solera's enviable global group puts the latest innovations, market intelligence and best-practice processes to work in local markets for maximum effect, benefiting insurers, collision repair shops, automotive manufacturers and their trading partners all around the world. Solera is fanatical about developing companies that enhance the claims solutions process and are leaders in every market they serve.

Number of Employees 1,883

Contact Information

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