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Letter to the Editor
Tuesday April 7
Solera Holdings Acquires Market Scan Holding in the Netherlands
Solera Holdings, Inc., a global provider of software and services to the automobile insurance claims processing industry, has acquired 100 percent of the outstanding shares of Market Scan Holding B.V. Market Scan is a leading data analytics and software company serving the Dutch insurance industry."This acquisition represents an additional step towards unlocking the value of Solera's global claims databases which contain over 2 billion data points representing over 100 million repair claims and processing of over $200 billion in claims payments. Market Scan's core competency in data analytics, combined with its strong management team, will be a valuable contributor to the expansion of our product bundle in the Netherlands and other Solera markets," said Tony Aquila, Solera's Founder, Chairman and Chief Executive Officer.
"We are very excited about the acquisition and the opportunity to add our data analytics capabilities to Solera's value proposition to insurance customers in the Netherlands and to extend the offering to other Solera markets," said Robert van der Plas, Market Scan's Managing Director.
Solera is active in over 50 countries across six continents. The Solera companies include Audatex in the United States, Canada, and in more than 45 additional countries; Informex in Belgium; 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 a number of European countries and Mexico; and IMS providing medical review services.
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