| Solera Holdings, Inc. is a provider of software and services to the automobile insurance claims processing industry. The Company's customers include more than 900 automobile insurance companies; 33,000 collision repair facilities; 7,000 independent assessors, and 3,000 automotive recyclers. Solera Holdings, Inc. helps its customers estimate the costs to repair damaged vehicles; determine pre-collision fair market values for vehicles damaged beyond repair; automate steps of the claims process; outsource steps of the claims process that insurance companies have historically performed internally, and improve their ability to monitor and manage their businesses through data reporting and analysis. The Company's software and services are organized into five general categories: estimating and workflow software; salvage and recycling software; business intelligence and consulting services; shared services, and other. In July 2008, the Company acquired UC Universal Consulting Software GmbH. |
