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
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
SOURCE Solera Holdings, Inc.