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July 28, 2015 7:28 AM ET

Commercial Services and Supplies

Company Overview of Insurance Auto Auctions, Inc.

Company Overview

Insurance Auto Auctions, Inc. provides live and live-online auto auction services in North America and internationally. The company engages in facilitating the sale of total loss vehicles; and remarketing lightly damaged, high mileage vehicles for dealers, fleet lease companies, rental companies, and financial institutions. It also provides services for selling agriculture equipment, construction equipment, emergency equipment, forestry equipment, fleet trucks, heavy trucks and trailers, material handling equipment, marine vehicles, and RVs; services for non-profit organizations to process and sell donated vehicles as a source of funding; and resources for charity vehicle donation programs. ...

Two Westbrook Corporate Center

Suite 500

Westchester, IL 60154

United States

Founded in 1982

1,161 Employees





Key Executives for Insurance Auto Auctions, Inc.

Chief Executive Officer and President
Age: 51
Chief Operating Officer and Senior Vice President
Age: 58
Chairman, Member of Compensation Committee, Chairman of KAR AUCTION SERVICES INC, Chairman of KAR Holdings Inc and Chief Executive Officer of KAR Holdings Inc
Age: 55
Director, Member of Compensation Committee, Chief Executive Officer of ADESA Auctions, Chief Executive Officer of KAR AUCTION SERVICES INC and President of ADESA Auctions
Age: 62
Chief Executive Officer of AFC and President of AFC
Age: 48
Compensation as of Fiscal Year 2015.

Insurance Auto Auctions, Inc. Key Developments

Insurance Auto Auctions, Inc. Launches Buyer App for Apple Watch(TM)

Insurance Auto Auctions, Inc. announced the launch of the IAA Buyer Watch App, an application customized for the Apple Watch that enables buyers to view the status of their vehicles in the bidding process through notifications on their wrists. The first app of its kind to be adapted for wearable technology, the IAA Buyer Watch App gives buyers a quick graphical view of the status of their vehicles during the Watch and Pre-bid portions of the bidding process without having to use their mobile phones.

Insurance Auto Auctions, Inc. Announces Shady Spring Location in West Virginia

Insurance Auto Auctions, Inc. announced the opening of its Shady Spring branch in West Virginia. The Shady Spring branch is located at 4163 Pluto Road in Shady Spring, West Virginia.

Insurance Auto Auctions, Inc. Opens Chicago-North Location

Insurance Auto Auctions, Inc. (IAA) announced the opening of its Chicago-North branch in East Dundee with an on-site celebration and live and live-online auction on April 15, 2015. The Chicago-North branch is located at 605 Healy Road in East Dundee, Illinois. Preview and auction times vary for each of IAA's facilities.

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