Press release

Tony Aquila Retires from Solera Holdings

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Solera Holdings Founder and Former Chairman & CEO Tony Aquila is proud
that he is leaving Solera Holdings, Inc. (“Solera”) as the global leader
in risk and asset management data & software and as the preeminent
service solutions (SaaS) for the automotive and insurance industries. He
announced his retirement from Solera and his full support for new CEO
Jeff Tarr to succeed him.

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Tony Aquila (Photo: Business Wire)

Tony Aquila (Photo: Business Wire)

Since 2005, Aquila has brought about a digital evolution of the
insurance industry, starting with the processing of insurance claims.
During Aquila’s tenure, the company grew into a global giant employing
over 7,000 employees in 93 countries.

Today, Solera’s offerings bring together insurers, original equipment
manufacturers, dealers, and participants throughout the supply chain;
creating a digital marketplace that empowers the customer to manage the
entire life of their vehicle in a single platform.

“It is always a hard decision to leave such a special place as Solera,
but I am ready for my next chapter professionally,” said Aquila. “I will
be forever proud of what we accomplished at Solera. I wish new CEO and
board director Jeff Tarr – and the amazing Solera team – well as they
embark on a very bright future.”

About Solera

Solera is a global leader in risk and asset management data and software
as a service (SaaS) solutions for the automotive and insurance
industries. Solera is active in over 90 countries across six continents.
Solera has over 235,000 customers and partners, including many of the
largest U.S. and European P&C insurance companies and most of the
world’s largest vehicle OEMs, as well as national governments, financial
institutions, vehicle dealership, vehicle repair shops, salvage yards,
and vehicle buyers and sellers. For more information, please visit

About Tony Aquila

Tony Aquila is an inventor with over 100 patents, a serial entrepreneur,
and dealmaker with over 70 transactions worth $15 billion in transaction
value. Prior to founding Solera, Aquila served in executive positions
with Mitchell International, Inc.; Ensera, Inc.; and MaxMeyer. In 2013,
Aquila received the Ernst & Young’s 2013 Entrepreneur of the Year award
in the Technology category.