[NYSE:SLH] SOLERA HOLDINGS, INC. > 25.30
Solera Holdings, Inc. and its subsidiaries provide automobile insurance claims processing software and services to insurance companies, collision repair facilities, independent assessors, and automotive recyclers. The company's software and services include estimating and workflow software, salvage and recycling software, business intelligence and consulting services, and shared services. Its estimating and workflow software is used to manage the overall claims process, estimate the cost to repair a damaged vehicle, and calculate the pre-collision fair market value of a vehicle. Solera's salvage and recycling software is used by automotive recyclers to manage their inventories to facilitate the location, sale, and exchange of vehicle parts for use in the repair of a damaged vehicle. The company's business intelligence and consulting services are used to monitor and assess the performance through customized data, reports, and analyses. Its shared services outsource claims related tasks for the insurance company customers. Solera also provides hardware for use with its software, training, and call center technical support services. In addition, the company offers services that enable the customers to access operational and technical support in times of demand following natural disasters and software that helps detect fraudulent activity.
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