The city issued a permit May 22 for Solera Holdings LLC, a Texas-based venture that provides data and software services to the auto insurance industry, to build-out the third floor of Building 300 at the Prominence office park in Baymeadows.
Dav-Lin Interior Contractors is the contractor for the $3 million tenant build-out of 40,230 square feet of space on the third floor at 8900 Prominence Parkway. Praxis3 of Atlanta is the architect.
Solera said May 23, 2022, that the space would employ 300 people, with additional work-from-home opportunities. It initially projected a fall 2022 opening.
The Bloomberg news service said that through its subsidiaries, Solera Holdings provides the services to the automobile insurance claims processing industry, collision repair facilities, independent assessors and automotive recycles. It serves customers worldwide.
Solera maintains its AutoPoint company within the Prominence office park.
Build-out plans indicate office and administrative workspace and break, training and meeting rooms.
“The office will perform a multitude of functions, including supporting our customer engagement center. The office will also support IT (engineering) operations, marketing, product operations, and Solera’s facilities,” Solera said in May 2022.
Solera, based in Westlake near Fort Worth, said why it chose Jacksonville for the center.
“With reasonable taxes and cost of living, the Jacksonville area provides Solera the ability to recruit and develop top talent for its growing workforce. Many of Solera’s customers also run operations in the area, which facilitates our ability to connect in-person and foster stronger partnerships,” it said.
Solera Holdings did not comment on how many employees AutoPoint has or how many employees might be added with the move.
It also did not address what could be a related move.
Solera Holdings LLC announced in March 2022 it was rolling out Solera Auto Finance, describing it as an integrated financing solution that will enable franchise and independent dealers to provide competitive-rate auto loans to the full spectrum of used car buyers.
Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.