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HPI Limited 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.

 

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