Audatex parent company, Solera Holdings, has invested with China Domestic Partners to launch new AI Insurance Technology company, Aibao Insurance Technology Co., Ltd. in Beijing. Aibao Insurance Technology’s received investments totalling RMB 200 million from PICC Financial Services, Bitauto, 58 Group, and Solera Holdings (United States). Solera’s APAC COO & Audatex APAC managing director, Brian [...]

Nissan Motor Co plans to invest £6.7bn in China over the next five years with its joint-venture partner – Dongfeng Group – as it seeks to become a top three automaker in the world’s biggest market. According to Reuters https://uk.reuters.com/article/uk-nissan-china-strategy/nissan-to-pump-9-5-billion-into-china-business-eyes-top-3-spot-idUKKBN1FP06C the partnership plans to boost its volume to 2.6 million vehicles a year by 2022, [...]

MAPFRE has agreed to renew and expand its agreement with the Renault Sport Formula One team. The Spanish insurance company will become one of the team’s main official sponsors over the next five seasons. The agreement, which was presented in Paris at a meeting between the chairman and CEO of MAPFRE, Antonio Huertas and Renault [...]