Solera has announced the launch of the Solera Fleet Platform, an AI-driven platform that integrates fleet intelligence tools to improve operational visibility and control. The new platform combines Solera’s existing solutions into a connected ecosystem for fleet management. “Solera is a leading force committed to driving ongoing innovation in global commercial fleet management,” said Amanda […]
Solera Partners with National Independent Automobile Dealers Association
Solera has announced a partnership with the National Independent Automobile Dealers Association (NIADA) aimed at helping independent dealerships improve efficiency, manage risk, and address workforce shortages. Through the collaboration, NIADA members will gain access to Solera’s technology solutions, which use automation, artificial intelligence, and data-driven analytics to streamline dealership operations. The tools are designed to […]
Solera XpertCX Suite Receives AutoTech Breakthrough Award
Solera Corp. announced that its XpertCX solution has been honored as the Auto Repair Solution of the Year at the AutoTech Breakthrough Awards. AutoTech Breakthrough, a market intelligence organization recognizes top companies, technologies and products innovating in the global automotive and transportation technology markets today. The comprehensive XpertCX suite offers diverse capabilities, including a 24/7 […]
Solera Files Registration Statement for Proposed Initial Public Offering
IPO would mark return to public markets after being taken private in 2016. Solera Corp. announced June 28 that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) for its proposed initial public offering of shares of common stock. As CollisionWeek reported May 2, Solera had […]
Axalta Announces Partnership with Solera on Sustainability
Axalta’s conventional and Fast Cure Low Energy (FCLE) refinish paint systems to be integrated with Solera’s Sustainable Estimatics platform. Axalta (NYSE: AXTA) today announced a partnership with Solera that will help collision repair and refinish customers estimate their CO2 emissions. Through this partnership, Axalta’s conventional and Fast Cure Low Energy (FCLE) refinish paint systems will […]
Solera Files Confidential Draft Registration Statement for Proposed IPO
Solera Global Corp. announced yesterday that it has confidentially submitted a draft Form S-1 registration statement for review by the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering of its Class A common stock. According to the company, the number of shares of Class A common stock to be offered and […]
Interview: Bill Brower, SVP Global Industry Relations & North America Claims Sales at Solera
Brower details how artificial intelligence use in collision repair and claims is evolving along with its growing role supporting sustainability goals. For several years, collision repair facility operators and auto claims staff have been increasing using artificial intelligence (AI) enabled estimating tools to improve productivity and the claim process. In our video interview embedded below, […]
Solera Global EV Research Shows 29% Higher Overall EV vs. ICE Repair Costs in Side-by-side Model Comparison
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 […]