Solera Holdings acquires Explore Information Services
April 26, 2011 — Solera Holdings, a provider of software for the auto insurance claims industry, on Monday announced the acquisition of Explore Information Services, which provides data and analytics services for auto property and casualty insurers.
Solera said the acquisition fuels its growth in re-underwriting and analytics products and services for the P&C insurance industry. It will now be able to offer solutions to help P&C customers manage risk during the full life cycle of a policy, improving their ability to capture lost premiums.
“A few of the many benefits of the Explore acquisition are its proven products, its great team that lines up nicely with the Solera culture and our shared focus on creating high ROI software solutions,” said Tony Aquila, Solera’s founder, chairman and CEO.
For more information about Solera, go to solerainc.com.