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IAA expands over 500 acres in preparation for severe weather season

Tuesday, August 8, 2017 - 06:00
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Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE: KAR), and the leading live and live-online salvage auto auction company, announced it has secured 22 real estate locations in ten states to prepare for the weather event season and potential catastrophic events.

"Strategically expanding our presence helps meet demands for catastrophe (CAT) services in areas where our customers will most urgently need it," said John Kett, CEO and president, Insurance Auto Auctions, Inc. "We know that being prepared means being proactive, not reactive. And our experience in successfully navigating severe weather situations, such as Hurricane Matthew and the Louisiana flooding, fuels our proactive approach to CAT operation preparedness."

The IAA CAT Team is a full spectrum catastrophe service that operates on scene using the company's resources to recover the influx of total loss vehicles. The IAA CAT team has been in operation for over 30 years. Through consistent development in catastrophic prone locations, IAA is able to provide additional acreage for day-to-day seller storage and to maintain reserve storage for acute inventory increases. IAA's strategic preparation and coordination allow for a timely response and speedy recovery in the aftermath of a major catastrophe, further showcasing the company's continuous dedication to its customers.

"We want our customers and communities to know that IAA will be there when disaster strikes," said Kett. "We embrace this responsibility – it's part of who we are. And with this additional land, we're able to deliver more support faster than ever."

The IAA CAT-related expansions announced today include the following 22 locations: Burbank, CA; Miami, FL; Orlando, FL (two locations); Pensacola, FL; Tallahassee, FL; Tampa, FL (two locations); Savannah, GA; Tifton, GA; Baton Rouge, LA (two locations); Lafayette, LA (two locations); Medford, MN; Moss Point, MS; Englishtown, NJ; Long Island, NY; Charleston, SC; and Houston, TX (three locations).

For more information on listings for branch dates and times, please visit https://www.iaai.com/locations.

For more information on IAA's rapid response system, please visit https://iaa-auctions.com/catastrophe-services/

For four decades, IAA has been dedicated to meeting and exceeding the needs of its global clients and giving back to the communities in which it operates. This philosophy of giving provides IAA's more than 2,800 team members with opportunities to volunteer, mentor and financially support multiple global, national, and local charitable causes. This commitment is also reflected in IAA's National Vehicle Donation division that, since 1994, has assisted not-for-profit organizations monetize donated vehicles to fund and support their missions.

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