WESTLAKE, Texas, Nov. 4, 2015 /PRNewswire/ -- Solera
Holdings, Inc. (NYSE: SLH), the leading provider of risk and asset
management software and services to the automotive and property
marketplace, including the global P&C insurance industry, today
announced its subsidiary, Hollander, LLC, the leading provider of
software and data solutions for the automotive recycling industry,
signed a five-year extension of its exclusive business partnership
with eBay in North America through
2020. This partnership will bolster the continued growth and
expansion of the fastest growing sales channel for recycled auto
parts and expand the reach of the recycling industry to consumers
worldwide.
"This extension is proof of how much this partnership has
benefitted both parties," said Tanvir
Arfi, President of Solera's Service, Maintenance, Repair
& Parts platform. "Now, we must build on the foundation we've
created to catapult into the next level of e-Commerce for
recyclers."
By tapping into the world's largest consumer-based online
marketplace, Solera will work with eBay to open new markets
internationally and connect the vast supply of parts within the
Hollander customer network to global purchasers.
eBay is the leading e-Commerce platform for recycled auto parts
and is consistently ranked a number one automotive site on the web*
with three parts or accessories sold every second.** Hollander's
eLink™ solution is a tailor made listing program specifically for
recyclers and integrated with its yard management system
Powerlink®. eLink™ customers are granted industry-exclusive support
from the eBay Merchant Support Organization and benefit from
marketing programs provided by eBay.
*According to 2015 Comscore data
**Information provided by eBay Motors sales statistics in July -
September, 2014, on eBay Motors
About Solera
Solera is a leading provider of risk and
asset management software and services to the automotive and
property marketplace, including the global P&C insurance
industry. Solera is active in over 75 countries across six
continents. The Solera companies include: Audatex in the United States, Canada and in more than 45 additional
countries; HPI, CarweB and CAP Automotive in the United Kingdom; Informex in Belgium and Greece; Sidexa in France; ABZ and Market Scan in the Netherlands; Hollander serving the North
American recycling market; AUTOonline, providing salvage
disposition in a number of European and Latin American countries;
IMS, providing medical review services; Explore, providing data and
analytics to United States
property and casualty insurers; Service Repair Solutions, providing
solutions for the service, maintenance and repair market; and
I&S, a provider of software and business management tools,
third-party claims administration, first notice of loss and network
management services to the U.S. auto and property repair
industries, specializing in glass claims. For more information,
please refer to the company's website at
http://www.solerainc.com
About Hollander, LLC
For more than 81 years Hollander
has delivered trusted business solutions and helped drive parts
demand to the automotive recycling industry. Hollander is a
business unit of Solera Holdings, Inc. (NYSE: SLH), a leading
global provider of risk and asset management software and services
to the automotive and property marketplace, including the P&C
insurance industry. For more information visit
www.hollandersolutions.com
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SOURCE Solera Holdings, Inc.