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May 29, 2015 9:27 PM 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. It 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. The company 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

Phone:

708-492-7000

Fax:

708-492-7078

Key Executives for Insurance Auto Auctions, Inc.

Chief Executive Officer and President
Age: 50
Chief Operating Officer and Senior Vice President
Age: 57
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: 54
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: 61
Chief Executive Officer of AFC and President of AFC
Age: 47
Compensation as of Fiscal Year 2014.

Insurance Auto Auctions, Inc. Key Developments

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.

Insurance Auto Auctions, Inc. Launches Mobile Vehicle Assignment Feature for Android

Insurance Auto Auctions, Inc. announced the launch of the mobile Vehicle Assignment feature for Android as part of the CSA Today by IAA mobile app. This follows the feature’s successful November 2014 launch on iOS devices, which enhances the CSA Today customer experience by offering anywhere access to begin an assignment with IAA. The feature also enhances the application’s capabilities through GPS location services. Key user features and benefits for Vehicle Assignment include the following: a streamlined, five swipe workflow focused on required fields only; built-in mobile technology, such as camera functionality for vehicle identification number scanning and GPS for location entry, to reduce manual effort; assignment confirmation via Android-supported share options including text, email and print. Vehicle Assignment is one of many features available on the CSAToday by IAA mobile app. The mobile app is available for download in the Apple iTunes store and on Google Play.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 29, 2014
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