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Solera moves into Chile market September 17, 2013
Westlake-based Solera Holdings Inc., a global provider of software and services to the automobile insurance claims processing industry, has acquired 100 percent of the equity interests of Servicios Informaticos Serinfo S.A. in Chile, the company said Sept. 17.
Serinfo is Chile’s leading provider of dealership and body shop management systems.
The acquisition will accelerate Solera’s growth in Chile and introduce new tools to the Latin American market, according to Tony Aquila, Solera’s founder, chairman and chief executive officer.
“Combining Serinfo and Solara platforms will strengthen the power of our bundle in Chile and create a vehicle ownership platform with functionality across the entire automobile cycle including sale, insurance and maintenance,” Aquila said in a news release.
Solera is active in more than 60 countries across six continents. The Solera companies include Audatex in the United States, Canada and in more than 45 additional countries; Informex in Belgium and Greece; Sidexa in France; ABZ and Market Scan in the Netherlands; HPI in the United Kingdom; Hollander serving the North American recycling market; AUTOonline providing salvage disposition in several European and Latin American countries; IMS providing medical review services; and Explore providing data and analytics to U.S. property and casualty insurers.