Solera Holdings, a global provider of software and services to the automobile insurance claims processing and decision support industries, has completed the acquisition of sachcontrol.

sachcontrol is a leading property claims management provider in Germany.

By comparing property repair invoices against its proprietary database of standardized market prices for materials, labor and repair processes, sachcontrol is able to reduce severity costs for its insurance customers.

sachcontrol’s database contains millions of data points, localized by postal code covering thousands of repair steps across multiple building trades.

Solera is active in over 65 countries across six continents.