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Insurance coverage Auto Auctions Broadcasts Loss Advisor Device For Superior Complete Loss Evaluation – PR Newswire

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New Product Expedites Early Complete Loss Steerage for Clients
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Sep 20, 2016, 10:36 ET
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WESTCHESTER, Ailing., Sept. 20, 2016 /PRNewswire/ — Insurance coverage Auto Auctions, Inc. (IAA), a enterprise unit of KAR Public sale Providers (NYSE: KAR), and the main reside and live-online salvage auto public sale firm, at present introduced its latest growth, IAA Loss Advisor™. The software allows insurance coverage claims employees to rapidly generate an early complete loss suggestion based mostly on info they supply relating to the post-accident situation of the automobile mixed with the ACV (precise money worth) and IAA salvage automobile market worth knowledge. Loss Advisor is the most recent development within the IAA Complete Loss Options™ first-of-its-kind suite of merchandise that in the end results in elevated administration of prices, in addition to an enhancement in buyer satisfaction and retention.
"The Loss Advisor software makes use of insurance coverage firm and IAA knowledge to permit for a major enhancement within the accuracy of the analysis usually given by present instruments relating to early complete loss prediction," stated Pat Walsh, senior vice chairman of enterprise growth, IAA. "Due to this, Loss Advisor decreases storage and advance expenses, reduces the cycle time and enhances the shopper’s satisfaction."
"By implementing the Loss Advisor software, insurers can instill a higher sense of confidence in clients going by way of the claims course of, which results in elevated policyholder achievement and retention," stated John Kett, CEO and president, IAA. "This growth enhances the prevailing options of IAA Complete Loss Options, which serve to additional exhibit IAA’s dedication in direction of being the main business skilled offering a seamless suite of applied sciences that will increase the effectiveness of the overall loss claims course of."
About Insurance coverage Auto Auctions, Inc.
Insurance coverage Auto Auctions is the main reside and live-online salvage automobile public sale firm and a enterprise unit of KAR Public sale Providers (NYSE: KAR). Headquartered in Westchester, Illinois, IAA has over 170 public sale amenities all through North America providing towing, financing and titling providers. With essentially the most public sale amenities 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 by way of its weekly auctions for insurance coverage firms, fleet and rental firms, financing firms, charity organizations and most of the people. IAA additionally leverages its enterprise mannequin to help charitable organizations within the US by way of its One Automotive One Distinction® marketing campaign. Thus far IAA has supplied hundreds of thousands of {dollars} in further funding to charities by aiding within the processing of donated autos. Find out how we’re making a distinction by visiting www.1car1difference.com. With a proficient staff of over 2,700 workers, IAA is dedicated to offering clients with the very best stage of providers within the salvage auto business. Go to www.IAA-Auctions.com to be taught extra, and observe IAA on Fb and Twitter.
Jeanene O’Brien | Vice President, World Advertising
708-492-7328 | www.iaai.com

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SOURCE Insurance coverage Auto Auctions, Inc.
https://www.iaai.com

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