• Thatcham confirms partnership with CATARC

    • November 20, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    Thatcham Research has confirmed a partnership with CATARC, the China Automotive Technology and Research Centre, to enable the introduction of a vehicle insurance rating scheme into China. Funded by UK insurers, one of Thatcham’s key responsibilities is in administering the insurance Group Rating system on behalf of the ABI (Association of British Insurers). The newly [...]
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  • Toyota recalls 6.5 million cars

    • October 21, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    Japanese carmaker Toyota has said it will recall 6.5 million vehicles worldwide over a faulty window switch. The power switch could potentially short-circuit, causing parts to overheat and could lead to a fire. Toyota has already recalled some 10 million cars globally that were fitted with faulty air bags linked to a number of deaths. The [...]
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  • Vista Equity to buy Solera for $3.74 billion

    • September 14, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    Solera Holdings Inc, which provides claims processing software to insurance companies, said it agreed to be acquired by an affiliate of private-equity firm Vista Equity Partners for $3.74 billion in cash. Vista expects the transaction to enhance its position as an acquirer of data companies and enterprise application software. The deal is the largest in Vista’s [...]
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  • Solera engage in buyout talks

    • September 11, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    Insurance claims processing software maker Solera Holdings is in advanced talks with private equity firms Thoma Bravo and Vista Equity Partners to sell itself, according to reports from Reuters. Solera is nearing a deal to sell itself for about $53 per share, which would value the company at about $3.6 billion and a strategic company might have [...]
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