Insurance coverage Auto Auctions Launches Complete Loss Options Suite Of Merchandise – PR Newswire

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First in Salvage Business to Supply Options to Extra Successfully Handle Prices and Enhance Buyer Service
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Oct 01, 2015, 03:02 ET
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WESTCHESTER, Unwell., Oct. 1, 2015 /PRNewswire/ — Insurance coverage Auto Auctions, Inc. (IAA), a enterprise unit of KAR Public sale Companies (NYSE: KAR), and the main dwell and live-online salvage auto public sale firm, as we speak introduced the launch of IAA Complete Loss Options™, a collection of merchandise that immediately impacts the alternatives to enhance buyer satisfaction and extra successfully handle prices in the course of the complete loss claims course of.  The primary two product traces the corporate has launched are IAA Inspection Companies™ and IAA Title Companies™.
“Our prospects are persistently centered on offering the absolute best expertise for his or her insureds whereas growing the effectivity of their claims course of,” stated John Kett, CEO and president, IAA. “The overall loss claims course of has turn out to be a extra vital success issue for our property and casualty provider shoppers, in addition to a main influencer of buyer satisfaction and retention.”
“These are the primary merchandise IAA is bringing to market inside our Complete Loss Options technique,” commented Pat Walsh, senior vp of enterprise improvement, IAA.  “We accomplished in depth analysis on the entire loss claims course of and our outcomes clearly point out that chance exists to assist our shoppers enhance buyer satisfaction and acquire financial advantages.”
IAA Inspection Companies was developed to cut back the cycle time from date-of-loss to complete loss dedication.  Three choices are included: Enhanced Photos, Situation Report and Appraisal.  These choices are designed to permit direct towing to the salvage public sale, the place high-resolution imagery can assist digital inspection of automobiles, leading to sooner cycle time and decreased claims price.  Efficiencies inside the inspection course of will be additional leveraged by IAA offering a pre-loss car situation and choice report, and a car valuation to supply a complete answer to the entire loss claims course of.
IAA Title Companies consists of three choices, all designed to go well with the particular wants of the shopper, together with:  Title Procurement, Title Options and Title Direct. Title Procurement is a seamless providing that can be utilized by carriers to handle the doc procurement course of on all complete loss claims. Title Options will be utilized on these complicated claims with unresolved title and doc points.  Title Direct is a service that enables paperwork from a number of sources, sometimes the insured and lienholder, to be despatched on to an IAA Department, lowering cycle time and price for the provider.
About Insurance coverage Auto Auctions, Inc.
Insurance coverage Auto Auctions is the main dwell and live-online salvage car public sale firm and a enterprise unit of KAR Public sale Companies (NYSE: KAR). Headquartered in Westchester, Illinois, IAA has over 165 public sale services all through North America providing towing, financing and titling companies. With probably the most public sale services in North America, IAA gives registered patrons from across the globe with thousands and thousands of alternatives to bid on and buy donated and salvaged automobiles. Since 1982, IAA has offered thousands and thousands of automobiles via its weekly auctions for insurance coverage corporations, fleet and rental corporations, financing corporations, charity organizations and most people. IAA additionally leverages its enterprise mannequin to help charitable organizations within the US via its One Automotive One Distinction® marketing campaign. To this point IAA has supplied thousands and thousands of {dollars} in extra funding to charities by aiding within the processing of donated automobiles. Learn the way we’re making a distinction by visiting www.1car1difference.com. With a proficient workforce of over 2,000 staff, IAA is dedicated to offering prospects with the very best stage of companies within the salvage auto trade. Go to www.IAA-Auctions.com to study extra, and observe IAA on Fb and Twitter.
Jeanene O’Brien | Vice President
(708) 492-7328 | www.iaai.com
Brand – http://photographs.prnewswire.com/prnh/20150617/223790LOGO
SOURCE Insurance coverage Auto Auctions, Inc.
http://www.IAA-Auctions.com

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