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

August 18, 2022 By admin

Modern 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 stay and live-online salvage auto public sale firm and wholly-owned subsidiary of KAR Public sale Companies, Inc. (NYSE: KAR), in the present day introduced that it has launched a collection of patent pending title procurement instruments – IAA Title Administration and Title Tracker.

“As an organization targeted on serving to our shoppers greatest handle your complete salvage disposition course of, we perceive the challenges title procurement can create. These points instantly have an effect on our prospects’ returns and cycle time,” mentioned 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 method 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 firms, enabling IAA to grasp the customers and the {industry}’s want for each a full service and a self-service title procurement providing. By way of 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 cut back the size of time it takes to safe a automobile title and promote the automobile at one among IAA’s over 160 auctions. This interprets into improved cycle time, elevated returns, and total 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 consumer resolution 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 drawback titles. Different advantages embody minimizing IT spend, lowering rental and staffing bills and enhancing velocity to insured funds. The results of this effort interprets instantly 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 instrument Title Tracker, which resides throughout the {industry}’s main buyer portal, CSAToday® – IAA shoppers now have the choice to self-manage the title procurement course of inside CSAToday, the instrument they use every single day for salvage administration. Title Tracker is a workflow-based, logic-oriented instrument that’s totally built-in into IAA’s programs and could be fed information manually or from a complete loss worksheet. Title Tracker could be utilized even earlier than assigning the automobile 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, revolutionary salvage auto public sale companies. Final yr, IAA offered almost 1.4 million autos at public sale and thru its stay and stay 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 nicely 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 stay and live-online salvage automobile 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 services all through North America providing towing, financing and titling companies. With essentially the most public sale services in North America, IAA supplies registered patrons from across the globe with hundreds of thousands of alternatives to bid on and buy donated and salvaged autos. Since 1982, IAA has offered hundreds of thousands of autos via its weekly auctions for insurance coverage firms, fleet and rental firms, financing firms, charity organizations and most people. IAA additionally leverages its enterprise mannequin to help tons of of charitable organizations within the US via its One Automobile One Distinction® marketing campaign. To date IAA has offered hundreds of thousands of {dollars} in further 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 workforce of over 1,800 workers, IAA is dedicated to offering prospects with the very best degree of companies 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 and marketing
www.iaai.com

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

supply