Monday, December 22, 2008
HPI sold to Solera Holdings
Aviva has sold HPI Limited to Solera Holdings.
The company's general insurance CEO Igal Mayer said: "This sale is part of our on-going programme to transform our UK general insurance business through an increased focus on our core insurance and vehicle breakdown activities, allowing us to provide a first-rate service to our customers."
The gross assets of HPI were £112 million as at October 31.
Solera also owns the estimating system provider Audatex.
Aviva acquired HPI in 2004 which has a comprehensive database of UK vehicles offering customers a variety of services.
These include vehicle identity and keeper checks, mileage verification, finance statuts and valuation.
DATED: 22.12.08
FEED: AM
The company's general insurance CEO Igal Mayer said: "This sale is part of our on-going programme to transform our UK general insurance business through an increased focus on our core insurance and vehicle breakdown activities, allowing us to provide a first-rate service to our customers."
The gross assets of HPI were £112 million as at October 31.
Solera also owns the estimating system provider Audatex.
Aviva acquired HPI in 2004 which has a comprehensive database of UK vehicles offering customers a variety of services.
These include vehicle identity and keeper checks, mileage verification, finance statuts and valuation.
DATED: 22.12.08
FEED: AM
