Audatex China Team Leads International Summit for Insurance Companies to
Share Their Market Development Experiences
SAN RAMON, Calif., Dec. 8 /Xinhua-PRNewswire/ -- Audatex, a Solera
Company, today announced that it has agreed to invest in launching operations
in China and is currently in the process of establishing a wholly owned
subsidiary in the country. This culminates several years of market research
and development work in China and positions Audatex to be the clear market
leader. The automated estimating market in China, which has over 18 million
passenger vehicles and is now growing at over 25% per year, is a significant
growth opportunity for Audatex.
Audatex recently held the first-of-its-kind international summit in
Mexico City, discussing the recent advances and trends in claims automation.
Hosted by Audatex, leading insurance carriers from Mexico, Europe, and the US
shared lessons learned with their Chinese counterparts concerning keys to
successful automation of the claims process.
"We invented automated estimating, so we have unmatched experience,
insight, global presence, and resources to help our clients address new
market conditions," said Tony Aquila, Founder, Chairman and CEO of Solera,
Inc. Aquila added, "China is a large unique market with 16 domestic
manufacturers, two of which have announced plans to export to the US. Our
partners in China appreciate the speed with which we can tailor our global
database and estimating workflow platform to meet their unique local needs."
About Audatex
Audatex, a Solera Company, delivers the industry’s most comprehensive,
integrated suite of applications for claims processing, estimating, shop and
yard management, and business analytics for performance management. Our
solutions help insurance carriers, collision repair shops and automotive
recyclers automate core business processes, streamline workflow with industry
partners, and manage performance. Solera’s operating companies employ over
2,200 associates in over 40 countries, and have the world’s largest global
network of over 50,000 customers. The Solera companies include Audatex in the
United States, Canada, and in more than 35 additional international markets,
Informex in Belgium, Sidexa in France, ABZ in The Netherlands, and Hollander
serving the North American recycling market.
