Solera and MAPFRE Complete Acquisition of CESVI Brasil

Solera Holdings, Inc., a global leader in intelligent data and software as a service (SaaS) to manage and secure the automotive, light and heavy truck fleet, home and identity ecosystems, and MAPFRE S.A. , a premier global insurer, announced the completion of the acquisition of CESVI (Center for Experimentation and Road Safety) Brasil by the two entities’ joint venture, Solera Technology Centre GmbH (“STC”). 

CESVI Brasil is a leading automotive research and experimentation center in Brasil, focused on providing insight, safety guidelines and transparency, including training for vehicle repair facilities and their technicians, insurers, original equipment manufacturers, and governmental entities.

“STC’s investment in CESVI Brasil furthers our mission of ensuring complete transparency and safety for vehicle and fleet operations and ownership worldwide,” said Javier Velasco, Chief Data Officer of Solera. “The data they collect and the tests they perform are critical to predicting trends and developing cognitive solutions that address the needs of every person who drives, insures or repairs any vehicle in Brasil.”

STC adds CESVI Brasil to its growing operations on three continents, focused on modernizing the insurance and vehicle repair ecosystems with data-based science, predictive software, and technology focused education and training.

Category: General Update, News