Insurance coverage Auto Auctions Unveils IAA Title Administration & Title Tracker – Enterprise Wire

August 18, 2022 By admin

Progressive Providing to Drive Cycle Time Enchancment and Streamline Allotted Assets for Title Procurement
WESTCHESTER, Unwell.–(BUSINESS WIRE)–Insurance coverage Auto Auctions, Inc. (IAA) the main reside and live-online salvage auto public sale firm and wholly-owned subsidiary of KAR Public sale Companies, Inc. (NYSE: KAR), right now introduced that it has launched a collection of patent pending title procurement instruments – IAA Title Administration and Title Tracker.

“As an organization centered on serving to our purchasers greatest handle the whole salvage disposition course of, we perceive the challenges title procurement can create. These points immediately have an effect on our prospects’ returns and cycle time,” stated Tom O’Brien, chief govt officer at Insurance coverage Auto Auctions, Inc. “Our new options present customers with entry to a complete and environment friendly strategy to title procurement, and permit for the selection of self-service or full service options to meet their particular wants.”
The IAA Title Administration and Title Tracker have been developed in collaboration with insurance coverage corporations, enabling IAA to know the customers and the {industry}’s want for each a full service and a self-service title procurement providing. By this analysis, IAA leveraged over 20 years of title procurement experience and developed an environment friendly, streamlined, and versatile suite of feature-rich and customizable options. Importantly, these options assist to scale back the size of time it takes to safe a car title and promote the car at one in all IAA’s over 160 auctions. This interprets into improved cycle time, elevated returns, and general useful resource financial savings.
IAA brings an unmatched set of options to the {industry}, offering a self-service and full-service title procurement and administration providing.
IAA Title Administration, a complete IAA course of providing, alleviates the burden of title procurement offering a custom-made shopper answer from begin to end using {industry} greatest practices. The corporate’s {industry} relationships with lienholders and state DMVs and expertise with state abandonment legal guidelines ensures well timed procurement of lien and non-lien titles in addition to decision of downside titles. Different advantages embody minimizing IT spend, lowering rental and staffing bills and enhancing pace to insured funds. The results of this effort interprets immediately into financial savings per declare file and enhanced buyer satisfaction and retention.
The corporate developed an built-in, industry-first customer-centric title procurement monitoring device Title Tracker, which resides throughout the {industry}’s main buyer portal, CSAToday® – IAA purchasers now have the choice to self-manage the title procurement course of inside CSAToday, the device they use day by day for salvage administration. Title Tracker is a workflow-based, logic-oriented device that’s totally built-in into IAA’s methods and might be fed information manually or from a complete loss worksheet. Title Tracker might be utilized even earlier than assigning the car to IAA, and to help in making assignments.
For the previous 30 years, Insurance coverage Auto Auctions has remained on the forefront of customer-centric, progressive salvage auto public sale providers. Final yr, IAA offered almost 1.4 million autos at public sale and thru its reside and reside on-line auctions maintains its philosophy of selection and flexibility with “wherever” entry and cellular expertise.
IAA follows strict regulatory compliance on the federal and state ranges and is properly versed in all state titling legal guidelines in addition to purchaser and vendor licensing.
About Insurance coverage Auto Auctions, Inc.
Insurance coverage Auto Auctions is the main reside and live-online salvage car public sale firm and a wholly-owned subsidiary of KAR Public sale Companies, Inc. (NYSE: KAR). Headquartered in Westchester, Illinois, IAA owns over 160 public sale amenities all through North America providing towing, financing and titling providers. With essentially the most public sale amenities in North America, IAA offers registered patrons from across the globe with thousands and thousands of alternatives to bid on and buy donated and salvaged autos. Since 1982, IAA has offered thousands and thousands of autos by way of its weekly auctions for insurance coverage corporations, fleet and rental corporations, financing corporations, charity organizations and most of the people. IAA additionally leverages its enterprise mannequin to help a whole lot of charitable organizations within the US by way of its One Automotive One Distinction® marketing campaign. To date IAA has offered thousands and thousands of {dollars} in extra funding to charities by aiding within the processing of donated autos. Learn the way we’re making a distinction by visiting www.1car1difference.com. With a proficient crew of over 1,800 workers, IAA is dedicated to offering prospects with the best degree of providers within the salvage auto {industry}. Go to www.IAA-Auctions.com to be taught extra, and comply with IAA on Fb and Twitter.

Insurance coverage Auto Auctions, Inc.
Jeanene O’Brien, 708-492-7328
Vice President, Advertising
www.iaai.com

Insurance coverage Auto Auctions, Inc.
Jeanene O’Brien, 708-492-7328
Vice President, Advertising
www.iaai.com

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