Solera Holdings, Inc. is a global provider of software and services to the automobile insurance claims processing industry. The Company also provides products and services that complement or leverage its insurance claims processing software and services. These core extensions include products and services for used vehicle validation, electronic titling, property claims management , fraud detection, salvage yard management, disposition of salvage vehicles, subrogation, and data and analytics used by insurers in the re-underwriting of their insured drivers. In July 2014, the Company acquired sachcontrol AG. In July 2014, the Company announced that it has completed the acquisition of claims related business from Sherwood Group of companies in United Kingdom.