Solera Holdings, Inc. Acquires HyperQuest, Inc.; Acquisition Will Strengthen U.S. Claims Solutions
|PR Newswire Association LLC|
HyperQuest is a provider of proprietary, web-based subrogation solutions and disruptive software tools that lower processing costs and provide objectivity to both subrogation claims and out-of-network claims. By replacing paper files with an actionable data file and rules-based workflow, HyperQuest automates the manually intensive processes typical of these claim types in addition to increasing claims accuracy and accelerating claims resolution. HyperQuest's out-of-network claims solutions allow an insured to choose any repair shop, thereby enabling insurers to promote a self-service collision repair shop network.
"HyperQuest's highly differentiated services will extend the reach of our services in the U.S. and drive consumer satisfaction by allowing insurance companies, assessors and collision repair shops to seamlessly process out-of-network claims, regardless of the estimating platform being used," said
Cautions about Forward-Looking Statements
This press release contains forward-looking statements, including statements about: the benefits of the Acquisition; and the benefits and value of HyperQuest's products and services to customers and the