Solera acquires Finnish insurtech company in4mo

American technology company Solera has purchased insurtech in4mo, a Finnish company that offers property structure software and services for the …

American technology company Solera has purchased insurtech in4mo, a Finnish company that offers property structure software and services for the insurance, repair, and homeowner marketplaces.

Established in 2007 and headquartered in Helsinki, in4mo offers Software-as-a-Service (SaaS) based software and services in the Nordic region.

in4mo’s scalable mobile-first technology platform is currently being used by insurance carriers in Norway, Denmark, Finland and Sweden, and has gained early traction in Germany as well.

Solera believes that the deal will speed up the delivery of next-generation digital home applications for its customers and property owners.

Commenting on the acquisition, Solera founder, chairman and CEO Tony Aquila said: “Solera’s mission is to create the smartest digital solutions that advance the ways we manage and protect life’s most important assets.

“With more than 180,000 building repair claims processed per year, in4mo’s solutions are trusted by many of the finest and most reputable insurers in Europe.

“We look forward to working with in4mo’s leadership team to expand our global property claims platform for insurers, extend our reach into the household and deliver even more innovative solutions to all participants in the asset ownership marketplace at a pace faster than ever before.”

Set up in 2005, Solera offers solutions for property claims such as repair invoice validation, structural and contents loss estimating, predictive analytics and pre-emptive fraud detection, as well as personal identity verification and security.

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Solera buys Nordic insurtech in4mo Oy

Texas-based Solera Holdings has acquired in4mo Oy, a Nordic provider of Software-as-a-Service (SaaS) based software and services to the property …

Texas-based Solera Holdings has acquired in4mo Oy, a Nordic provider of Software-as-a-Service (SaaS) based software and services to the property structure insurance and repair professional marketplaces.

Financial details were not disclosed

Financial details were not disclosed

Financial details were not disclosed.

“Solera’s mission is to create the smartest digital solutions that advance the ways we manage and protect life’s most important assets,” says Tony Aquila, Solera’s founder, chairman and CEO.

He adds that in4mo processes more than 180,000 building repair claims per year. in4mo is used at insurance carriers in Norway, Denmark, Finland and Sweden, and has “early traction “in Germany. The company was founded in 2007 and is headquartered in Helsinki.

Solara offers asset management and risk protection technologies, and is “now accelerating its expansion from the garage into the home”.

That’s one small step for a man and woman, but (perhaps) one giant leap for a fintech firm.

According to Solera, it already offers solutions for property claims (which include structural and contents loss estimating, repair invoice validation, predictive analytics and pre-emptive fraud detection, and personal identity verification and security).

Solera was founded in 2005. The company says it process more than 300 million digital transactions annually for approximately 235,000 partners and customers in over 90 countries.

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Solera acquires European insurtech firm

Texas-based Solera Holdings, a provider of intelligent data and software as a service (SaaS) to manage the automotive, light and heavy truck fleet, …
Solera acquires European insurtech firm

Texas-based Solera Holdings, a provider of intelligent data and software as a service (SaaS) to manage the automotive, light and heavy truck fleet, home and identity sectors, has announced its acquisition of in4mo Oy, a European provider of SaaS-based software and services for the property-structure insurance and repair professional markets.

“Solera’s mission is to create the smartest digital solutions that advance the ways we manage and protect life’s most important assets,” said Tony Aquila, founder, chairman and CEO of Solera.

With the acquisition of in4mo, Solera will expand its capabilities in the digital protection of assets.

“With more than 180,000 building repair claims processed per year, in4mo’s solutions are trusted by many of the finest and most reputable insurers in Europe,” Aquila said. “We look forward to working with in4mo’s leadership team to expand our global property claims platform for insurers, extend our reach into the household and deliver even more innovative solutions to all participants in the asset-ownership marketplace at a faster pace than ever before.”

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