Fleet News

ADP in bid to buy Audatex

US information technology giant Automated Data Processing is seeking to buy Audatex estimating systems from its insurance industry parent company Swiss Re. ADP's $4 billion computer services empire has four divisions, from payroll provision to dealer systems and insurance claims solutions.

The latter is the fastest-growing division, providing estimates for six million claims annually for 250 insurance companies and 7,000 bodyshops. Although ADP operates a similar service to Audatex in the USA, there is no overlap with Audatex's predominantly European operations. ADP said it had no plans to make organisational changes or cut jobs. Swiss Re said the proposed disposal was in line with its strategy of focusing on reinsurance business.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee