Audatex: About Us - Press Releases

SAN RAMON, Calif. — June 12, 2006 — Audatex, a Solera company, today announced the release of ClaimsElement™, a Shoplink® add-on module that allows collision repair facilities to electronically retrieve data from insurance adjuster estimates prepared using Audatex solutions. The industry’s only secure, server-based solution, ClaimsElement eliminates the need for shops to re-key estimates by retrieving estimate data directly from Audatex in an encrypted format and importing it directly into the Shoplink estimating system. Security is a critical concern for insurance carriers and their policy holders, and Audatex is excited to announce that all of its carrier-partners have approved the use of ClaimsElement for repair facilities.

According to surveys conducted by the Collision Industry Conference (CIC), of the 9 million auto claims each year, 2.5 million require re-keying. “The ability to retrieve electronic versions of estimates via ClaimsElement has significantly improved my daily workflow," said Kathie Wright of Walled Lake Collision in Walled Lake, Wisconsin. "Instead of spending time re-keying insurance estimates into Shoplink, I am now able to retrieve them with a click of a button, directly from within the estimating application. This new and innovative ClaimsElement feature saves my business at least half-an-hour for every estimate that I don't have to manually re-key.”

In addition to the time saved in preparing estimates, ClaimsElement improves carrier and vehicle owner satisfaction by eliminating the errors that occur as a result of re-keying, shortening the repair cycle time and reducing the need for supplements. ClaimsElement also improves workflow in repair shops by making it easier to get estimate information into shop management systems. For carriers, ClaimsElement provides a greater degree of efficiency and data security than existing manual methods and proposed removable media solutions. As an added security convenience, carriers can track estimate sharing data on a regular basis.

“Audatex is dedicated to developing solutions that help repair shops improve their business performance and build stronger relationships with insurance carriers," said Tony Aquila, Chairman and CEO of Audatex. "ClaimsElement reflects our philosophy of using innovation to deliver quantifiable business process improvements for our customers."

About Audatex
Audatex, a Solera company, delivers the industry’s most comprehensive, integrated suite of applications for claims processing, estimating, shop and yard management, and business analytics for performance management. Our solutions help insurance carriers, collision repair shops and automotive recyclers automate core business processes, streamline workflow with industry partners, and manage performance. Solera’s operating companies employ over 2,000 associates in over 31 countries, and have a global network of over 50,000 customers. The Solera companies include Audatex in the United States, Canada, and in 26 additional international markets, Informex in Belgium, Sidexa in France, ABZ in The Netherlands, and Hollander serving the North American recycling market.