Automatic Data Processing (ADP) has entered into an agreement to sell its Claims Service business (CSG) to Solera.
Solera, a consulting, outsourced services, and strategic technology solutions company focused on the claims process, was formed in partnership with GTCR Golder Rauner, LLC, a private equity firm.
Arthur Weinbach, chairman and chief executive officer of ADP said: "Given the size of CSG relative to our other core businesses, and with the current favourable M&A market conditions, it was timely to sell."
ADP said it expects the transaction to close within 90 days.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
