Solera Holdings, LLC announced the results of global research looking at repair cost trends of electric vehicles (EVs) in comparison to internal combustion engine (ICE) repair costs. The comparative study considered aggregate international analytics across 20 countries; Solera’s global claims database aggregates and normalizes raw claims data to provide insights into important performance metrics such […]
Solera Launches Peri Payment Processing Solution
Solera Global Corp. introduced Peri, a payment processing tailored for the automotive industry to significantly reduce transaction fees for businesses of all sizes. According to the company, its sustainable approach will transform the merchant services industry, which is often plagued by hidden fees and intricate terms and conditions. Peri will make it easier for automotive […]
Solera Unveils Web Browser-Based Intelligent Triage for First Notice of Loss
Solera Global Corp announced the launch of its web browser-based Intelligent Triage solution, eliminating the need for extensive integrations or software installations. This global visual intelligence service empowers claims handlers to swiftly and accurately assess whether a damaged vehicle is repairable or a total loss, right from the First Notice of Loss (FNOL). Insurers can […]
Audatex, CCC and Mitchell Donate Software Subscriptions to Schools Through Collision Repair Education Foundation
Each year, thousands of collision repair students across the country receive the opportunity to learn on the same software widely used by the collision repair facilities and insurance carriers – at no cost to the school or students – thanks to the generosity of Audatex, a Solera Company; CCC Intelligent Solutions Inc. (CCC); and Mitchell, […]
Interview: Bill Brower, VP of Industry Relations at Solera
Brower details how inflation is impacting severity as parts and labor costs have increased. Examines how auto insurance companies and the collision repair industry globally are responding. The impact of inflation on critical cost drivers for the auto claims and collision repair industries has increased claims severity across the globe. As CollisionWeek has reported, key […]
Solera Launches XpertEstimate to Deliver Virtual Auto Physical Damage Estimates
Full-service solution provides virtual desk appraisal with experienced staff and consumer self-service capabilities. Solera today launched a full-service, virtual auto estimating solution to deliver on customer expectations for fast and accurate self-service solutions to simplify the claims process. XpertEstimate brings together Solera’s technology and an experienced auto physical damage staff to process estimates quickly, improving […]
United Auto Selects Solera Qapter Solution
The United Automobile Insurance Company is championing a digital-first approach for its customers using Qapter Intelligent Estimating with Visual Intelligence, an AI-powered solution from Solera. By utilizing Qapter, United Auto reports that customers are seeing reduced wait times while appraisers have significantly improved their production. “As customers increasingly seek a self-service digital option for their […]
Solera Announces New Body Shop Management Solution
New tool enhances Qapter product suite. Solera announced the roll out a new body shop management solution during this year’s SEMA show Solera’s latest innovation, Shop Manager by Qapter, is a cloud-based solution that seamlessly integrates into the Qapter suite of products, delivering more efficiency and empowering body shop teams amid crippling staff shortages nationwide. […]
Solera and Motori Announce Partnership in UAE
Solera | Audatex announced a new strategic partnership with Motori, a subsidiary of Safe City Group providing an ecosystem to achieve digital transformation in motor insurance. The collaboration will benefit drivers in the United Arab Emirates (UAE) as it aims to accelerate parts of the insurance process from days to minutes. Under this partnership, Motori […]
Infomedia Ends Buyout Talks with Solera and TA Consortium
Infomedia Ltd (ASX:IFM) provided an update October 3 on the previously announced takeover proposals the company received from Solera Holdings LLC (Solera) and a consortium comprising TA Associates and Viburnum Funds (TA Consortium) to acquire 100% of Infomedia. According to the update, no binding proposal has been received from either party, they confirmed that it […]