HPI Ltd
 |
|
| Industry | Software |
|---|---|
| Founded | 1938 |
| Headquarters |
 Leeds
|
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Number of employees
|
422 |
| Parent | Solera |
| Website | hpi |
HPI is a British vehicle history checking company founded in 1938.
The company was set up to prevent the wrongful sale of hire-purchase cars and were the first organisation of its kind. HPI works alongside the Police,DVLA, Finance houses and insurance companies to generate detailed vehicle history reports for consumers in the second-hand car market. The report, called HPI Check, informs consumers whether a vehicle has outstanding finance been stolen, written off (Total loss), has a mileage discrepancy (clocked), had a plate change, been cloned, has an outstanding logbook loan and several others. The HPI Check can be performed on any vehicle that is registered in the UK with the DVLA, including Caravans and Quad bikes. In 2008, HPI were acquired by Solera, a leading global provider of claims solutions. HPI Headquarters are currently situated in Salisbury.
HPI Check, (an HPI product) is a term widely used to describe an actual vehicle history check throughout the motoring industry in the UK, although HPI are the only company to actually sell "HPI Checks".
1938: HPI, formerly known as Hire Purchase Information, were founded in 1938 in response to the rise of fraudulent re-financing of vehicles. The company was formed by six leading finance companies to share information on vehicles they had let out on hire-purchase, to prevent them being refinanced. Each individual finance house would post a record of the model and registration, of the let out car to HPI. The data would then be accessible to other finance companies.
1947: HPI begin working with the police and have access to stolen vehicle information.
1980s: HPI begin working with leading insurers to provide car accident history data.
1990s: HPI are sold to Infolink and Equifax(credit referencing organisations)
1992: HPI appointed to run CRiS (Central Registration & Identification Scheme) on behalf of NCC
1993: HPI’s second hand car information becomes accessible to the general public to purchase nationally in the United Kingdom.
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Wikipedia